TEDCO Invests in NanoBioFAB

Medical device manufacturer looks to revolutionize wound care with AI-driven nanosensors

TEDCO, Maryland’s economic engine for technology companies, announced a recent $250,000 Pre-Seed Builder Fund investment in NanoBioFab. The Pre-Seed Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantages.

“We are excited to continue our business journey,” said Xiaonao Liu, Ph.D., CEO of NanoBioFAB. “TEDCO has been instrumental in our progress and success. Entrepreneurs looking to expand their business should look at the different opportunities that TEDCO offers.”

NanoBioFAB, based in Frederick, Md., is a woman-owned medical device manufacturer specializing in AI-powered smart nanosensors for pathogen detection and wound management. The company’s technology seeks to address critical healthcare challenges through real-time monitoring and early infection detection. Leveraging its patented high throughput nanosensor R&D and manufacturing technology, NanoBioFAB develops sensors to detect trace amounts of gases released from pathogens, while also monitoring key parameters such as pressure, temperature and humidity. The company’s mission is to enhance health management and revolutionize wound care with its AI-driven nanosensors.

“NanobioFAB is one example of how TEDCO’s support drives innovation and research across Maryland,” said Jean-Luc Park, senior director of Social Impact Funds. “With this investment, we look to see continued growth and success as NanoBioFAB continues its work to enhance health management.”

NanoBioFAB has actively participated in several TEDCO programs and opportunities over the last few years. Those include Network Advisors, the Loaned Executive program, the Pre-Seed Builder Fund, the SBIR/STTR Proposal Lab, the Rural Business Innovation Initiative (RBII) grant and pre-seed funding, the Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) Program, and the DefTech program.

“Maryland has the third-largest bio cluster in the nation, located right in Frederick. Home to 80 bioscience companies, the area hosts a slew of innovative and collaborative researchers, creating a great opportunity for life science innovators looking to build a business,” said TEDCO CEO, Troy LeMaile-Stovall. “Plus, with organizations across the state like TEDCO, startups and entrepreneurs are uniquely positioned for success.”

TEDCO provides funding, resources and connections that early-stage technology and life sciences companies need to thrive in Maryland. For entrepreneurs interested in applying for TEDCO funding opportunities, visit our page here.

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

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