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Maryland startup funding

New funding rounds by startups based in Maryland, from SEC Form D filings.

Updated Nov 11, 2026·Totals cover Form D filings Nov 13, 2025 to Nov 13, 2026

111 Maryland startups filed a Form D in the last 12 months. Together they reported $635.3M sold in 116 new rounds. The median round was $775K.

Startups
111
filed in 12 months
Reported new funding
$635.3M
116 rounds
Median round
$775K
new rounds
Top city
Baltimore
23 startups

Largest rounds

1
Blue Energy Global Inc.
Energy & ClimateChevy Chase · filed May 2026
$177.4M11 investors
2
Georgiamune, Inc.
Biotech & PharmaGaithersburg · filed Aug 2026
$92.6M26 investors
3
Kaigene, Inc.
Biotech & PharmaRockville · filed Oct 2026
$54.9M22 investors
4
Robotic Research OpCo, LLC
Not classified yetClarksburg · filed Jan 2026
$48.5M3 investors
5
Theradaptive, Inc.
Biotech & PharmaFrederick · filed Aug 2026
$36.1M65 investors
6
CraniUS LLC
HealthcareBaltimore · filed Mar 2026
$19.0M49 investors
7
Inventwood Inc.
Industrial & RoboticsFrederick · filed Jan 2026
$14.9M30 investors
8
Throne Labs, Inc.
OtherBrentwood · filed Sep 2026
$14.1M36 investors
9
$12.0M3 investors
10
Pearl Diagnostics, Inc.
HealthcareBaltimore · filed Apr 2026
$11.1M21 investors

Latest filings

Cities

Maryland companies 268

268 companies
CompanyIndustryCityLatest filingLatest raise
Not classified yetDistrict HeightsApr 10, 2024—
Consumer & RetailBaltimoreApr 8, 2024$5.4M
Not classified yetFrederickApr 2, 2024$1.0M
Not classified yetBoydsMar 25, 2024$50K
Biotech & PharmaDarnestownMar 18, 2024$100K
HealthcareRockvilleMar 12, 2024$13.3M
Not classified yetLuthervilleMar 12, 2024$375K
Not classified yetFultonFeb 9, 2024$13.8M
HealthcareBethesdaFeb 2, 2024$56.3M
Not classified yetLuthervilleJan 22, 2024—
Not classified yetHanoverDec 28, 2023$200K
Not classified yetTowsonDec 28, 2023$100K
Not classified yetEllicott CityDec 20, 2023$5.5M
Biotech & PharmaGrasonvilleDec 14, 2023$700K
Biotech & PharmaGermantownDec 8, 2023$29.8M
Not classified yetCollege ParkDec 6, 2023$300K
Not classified yetRockvilleNov 29, 2023$50K
Not classified yetArbutusNov 28, 2023$5.3M
Biotech & PharmaBaltimoreOct 25, 2023$72.1M
Consumer & RetailBaltimoreOct 24, 2023$24K
Not classified yetRockvilleOct 17, 2023$15.9M
Not classified yetTowsonOct 13, 2023$85K
Not classified yetMount RainierSep 27, 2023$150K
Not classified yetSaint MichaelsSep 27, 2023$1.5M
Not classified yetPotomacSep 6, 2023$750K
Not classified yetFultonAug 31, 2023$2.0M
Not classified yetChevy ChaseAug 25, 2023$7.5M
Biotech & PharmaBaltimoreAug 23, 2023$140K
Not classified yetBaltimoreAug 21, 2023—
Not classified yetTakoma ParkAug 11, 2023$25K
Biotech & PharmaGaithersburgAug 10, 2023$19.0M
Biotech & PharmaRockvilleJul 27, 2023$839K
Biotech & PharmaMarlboroJul 25, 2023$5.1M
Not classified yetRockvilleJul 25, 2023$100K
Not classified yetRockvilleJul 20, 2023$500K
HealthcareBaltimoreJul 13, 2023$3.0M
Not classified yetBaltimoreJul 12, 2023$1.5M
Not classified yetBethesdaJul 12, 2023$2.6M
Not classified yetBethesdaJun 21, 2023$259.9M
Biotech & PharmaFrederickJun 21, 2023$24.0M
Not classified yetPasadenaJun 20, 2023$11.7M
Biotech & PharmaGaithersburgJun 9, 2023$11.9M
Energy & ClimateBaltimoreJun 9, 2023$10.0M
Not classified yetAnnapolisJun 9, 2023$185K
Consumer & RetailRockvilleJun 5, 2023$725K
Not classified yetSilver SpringMay 30, 2023$1.5M
Not classified yetChevy ChaseMay 30, 2023$25K
Not classified yetBaltimoreMay 25, 2023$300K
OtherLinthicum HeightsMay 12, 2023$5.0M
Biotech & PharmaRockvilleMay 10, 2023$1.0M
How this page is built

Startups are the private companies counted as startups (see our startup funding data), placed by the address on their latest Form D. Registered-agent and virtual-office addresses (common in Delaware and Wyoming) are not counted as a location. Public companies, foreign issuers and business-combination filings are excluded.