tiprankstipranks

State of Maryland Investment Portfolio

The State of Maryland invests in private companies through multiple state entities and programs, notably the Maryland Venture Fund and the Maryland State Retirement and Pension System, which make direct and fund-of-funds investments in venture capital and private equity. These investments are administered by agencies such as the Maryland Department of Commerce and the State Retirement and Pension System to support economic development initiatives and manage pension assets.

Companies Invested In

Company Name
Sector
Investment Round Value
Funding Round
Announcement Date
Healthcare, Biotechnology & Medical Devices
$20.00M
Series B
Jan 28, 2026