Baltimore Inner Harbor

Startup News

Baltimore Biotech Haystack Oncology Raises $56 Million, Plans Move to City Garage
The funding will go towards moving into a large lab inside of City Garage in Port Covington in addition to investing in more clinical trials.

Beckman Coulter Acquires StoCastic, LLC
StoCastic’s TriageGo will be a cornerstone of Beckman Coulter’s AI enabled Clinical Decision Support (CDS) portfolio.

Boston Scientific to Acquire Apollo Endosurgery for $615 Million
Apollo has a portfolio of devices used in endoluminal surgery procedures.

Delfi Diagnostics AI Liquid Biopsy Platform Shows Further Promise of Positive Liver Cancer Detection Data Published in Cancer Discovery
Delfi had previously announced that it is developing a low-cost, highly sensitive blood test for lung cancer screening.

Escient Pharmaceuticals Announces $120 Million Series C Financing
Proceeds from the financing will be used to advance the company’s pipeline of two first-in-class product candidates in several indications.

Galen Robotics Announces Over-Subscribed $15 Million Series A
The Series A helped complete the final robot prototype, and submission to FDA.

LifeSprout’s Next-Generation Aesthetics Dermal Filler Achieves Primary Endpoint in Pivotal Clinical Trial
Lumina is the first product from the company’s proprietary Regenerative Matrix platform.

Vita Therapeutics Closes $31 Million Series B Financing to Develop Cell Therapies for Neuromuscular Diseases and Cancers
Proceeds from the financing will be used to advance Vita’s lead pre-clinical program VTA-100 for limb-girdle muscular dystrophy to the clinic.

Ecosystem News

B-360 Invited into the First-ever Light of Baltimore Incubator
A Social Innovation Lab alum, B-360 is a nationally renowned organization in Baltimore that uses dirt bike culture as an avenue for STEM education and community development.

Johns Hopkins University Makes the Top 50 of PitchBook Universities Ranked by Startup Founders
JHU was also ranked 19th for female, graduate founders.

Parity Homes’ Bree Jones did a TED Talk on creation and ‘development without displacement’

Pava Lapere of EcoMap Technologies, Inc. and Brevitē Made the Forbes Under 30 List

Rose Health Acquired by California’s Precise Behavioral
Spun out of Johns Hopkins University, the move follows Rose Health’s successful completion of several raises in the past few years.

Tastee Tape Named to TIME’s “Best inventions of 2022”
Invented by an all-female undergraduate student team at Johns Hopkins’ Whiting School of Engineering, it’s edible, clear, and tasteless and holds food together.

UpSurge Reports $11 Billion in Potential New Equitech Startup Capital Over Three to Seven Years, on Top of Organic Growth
The report highlights the unique – and often overlooked – assets of Baltimore, and the potential for those assets to drive the acceleration of its tech economy within the decade.