TEDCO’s Pre-Seed Builder Fund Invests in Dogwood Gaming
COLUMBIA, Md. (April 5, 2022)—TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested $50,000 in Dogwood Gaming, a technology start-up based in Maryland. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage.
“The investment from TEDCO has given us a chance to bring our exciting new AI technology to the world,” said Samuel Martino, CEO of Dogwood Gaming. “We are so excited to share how it all works in our upcoming title, Ashes of Kanaka. 2022 will be a big year for us and the opportunities from TEDCO allow us to grow even further.”
Dogwood Gaming, LLC, based in Silver Spring, Md., is an indie game development studio that has released four games in the last five years. Dogwood also houses an entire development suite which includes the only motion capture studio within 200 miles. Dogwood Gaming is the go-to resource for freelance motion capture animations in Maryland.
“Gaming continues to grow in popularity, and Dogwood Gaming is an exciting addition to the TEDCO portfolio supporting Maryland’s game studio industry,” said Jean-Luc Park, senior director of Social Impact Funds at TEDCO. “With this investment in Dogwood Gaming and their AI technology, TEDCO is helping support the independent game developer industry in Maryland. We encourage other Maryland tech entrepreneurs working in the AI space to reach out to TEDCO and learn more about our funding options and resources.”
For entrepreneurs applying for their first investment from TEDCO’s Builder Fund, their company must be based in Maryland and led by an economically disadvantaged founder(s). For information on how to access TEDCO’s Builder Fund investment application, visit https://www.tedcomd.com/funding/builder-fund.
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.
Chief Marketing & Communications Officer, TEDCO