(Momentum Fund) University System of Maryland

company

About

University System of Maryland, or USM, is the state’s public higher education system

  • 10001 - max

Details

Industries
Higher Education
Founded date
Jan 1, 1988
Number Of Employee
10001 - max
Operating Status
Active
Investor Type
Venture Capital

Launched in 2016 with a $10 million commitment from the University System of Maryland (USM), the Maryland Momentum Fund invests in USM-affiliated companies to support entrepreneurism, catalyze outside investment in early-stage startups, and foster economic development and technology commercialization. USM combines the power of its member institutions provide students access to world-class resources and ensure that those resources are used efficiently, effectively, and sustainably.

Investments

Number of Investments
Number of Lead Investments
2
1
(Momentum Fund) University System of Maryland has made 2 investments. Their most recent investment was on Jan 1, 2021, when Qualytics raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 1, 2021 Qualytics
Pre-seed Analytics
May 30, 2019 Retrium
Seed $1.60M Collaboration Yes