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Our Portfolio Companies

  • Ion Storage Systems, LLC

    Ion Storage Systems, LLC is a University of Maryland start-up created to commercialize an intrinsically safe, robust, low cost, and high energy solid state lithium-ion battery. Ion Storage Systems has licensed a solid-state lithium-ion battery technology and associated intellectual property which was developed in the University of Maryland Energy Research Center. The new design integrates high conductivity garnet-type solid lithium-ion electrolytes and electrodes into tailored micro- or nano- structures. The key ingredient of the new design is a surface coating that remarkably decreases the interfacial resistance of the electrode-electrolyte interface and improves the binding of lithium metal with garnet solid electrolyte. The result is increased discharge ability without mechanical cycling fatigue combined with improved thermal uniformity, strength, weight, and form factor. Fabrication processes that use conventional ceramic processing equipment in ambient air without the need of dry rooms, vacuum deposition, or glove boxes lead to significantly lower manufacturing costs. 

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    Category:Engineering

    Established:

  • Living Canopies Ltd. Logo

    Living Canopies Ltd.

    Living Canopies Ltd. is a University of Maryland start-up created to commercialize a smart patio umbrella with a vegetated canopy. Living Canopies has licensed the Smart Living Umbrella technology and associated intellectual property which was developed in the Department of Environmental Science & Technology of the College of Agriculture and Natural Resources. Smart Living Umbrella supports a canopy of flowering plants to shade and please patrons on restaurant patios and other users in outdoors settings. It combines a support structure, a set of easily replaceable plant-panel-pods with fully grown plants, and a solar powered smart irrigation to create a living umbrella. This self-contained system is easy to maintain, saves water, enables the soil to be located above patrons’ heads while freeing up floor space, and offers a beautiful, mobile, widely deployable, living shade canopy.

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    Category:Agricultural

    Established:

  • Mobile Comfort Inc. Logo

    Mobile Comfort Inc.

    Mobile Comfort, Inc. is a University of Maryland start-up created to commercialize a personal air conditioning device called RoCo, short for roving comforter. Mobile Comfort has licensed the RoCo technology and associated intellectual property which was developed in the Clark School’s Center for Environmental Energy Engineering (CEEE) with funding from the Department of Energy. RoCo is a battery powered personal air conditioning system which provides supreme personal thermal management for people in inadequately or un-conditioned environments by storing its waste heat internally so it does not require fixed ventilation. It is equipped with a robotic nozzle, is portable, and can used anywhere.

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    Category:Other

    Established:

  • North American Wave Engine Corporation

    North American Wave Engine Corporation

    North American Wave Engine Corporation, a University of Maryland start-up, has licensed a university developed technology that substantially improves the design of valve-less pulse combustors also known as pulse jet engines. Compared to operating a traditional single combustor or two uncoupled pulse jet engines, the new design and method of operating pulse combustors produce less noise and vibration. This, in turn, enables a variety of practical applications in aircraft propulsion and other fields. North American Wave Engine Corporation won the Phase 1 Technology Validation award from TEDCO’s Maryland Innovation Initiative Commercialization Program to demonstrate the utility of the technology for a specific commercial application.

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    Category:Aerospace

    Established:

  • Archimedes Bioengineering, LLC Logo

    Archimedes Bioengineering, LLC

    Archimedes Bioengineering, LLC is a collaborative effort between University of Maryland, College Park (UMCP), Children’s National Medical Center, and a private company. Archimedes is based on a portfolio of patent pending diagnostic technologies that enable the detection of aminoacidopathy disorders such as, Hyperammonemia, Phenylketonuria (PKU), Maple Syrup Urine Disease, and Aminoacidemia which are a group of metabolic disorders that result from the build-up of one or more amino acids in the blood and/or urine. These metabolic disorders may be caused by defects in enzymatic pathways that inhibit the metabolism of the certain amino acids. Using different diagnostic device designs and embodiments, Archimedes hopes to revolutionize the point-of-care market for aminoacidopathy diagnostics. 

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    Category:Bioengineering

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  • ElectroMed, LLC

    ElectroMed, LLC has licensed the Quick-Release Self-Contained Medical Electrode (US Patent 8,897,853) developed by students at the Fischell Department of Bioengineering. This novel electrode achieves five goals in having increased hydrogel adhesiveness, combining the electrode and adhesive remover in a single unit, greatly reducing removal force required, eliminating leftover residue, and whose removal would not compromise local tissues in sensitive skin situations. These properties make the electrode ideal for burn victims and neonates as it strongly adheres to damaged and growing skin while not injuring delicate skin during removal

    Category:Bioengineering

    Established:

  • Aeroseed, LLC

    Aeroseed, LLC has a license to an advanced micro-scale vertical flyer. The flyer’s unique maple seed shaped wing design permits it to maneuver omnidirectionally with a 360 degree field of view camera, all while maintaining an extremely small visible airborne footprint. The micro-air vehicle (MAV) technology is controllable from long distances (up to 1.5 miles) and has been fitted with a simple payload. The flyer can be controlled using a traditional radio-frequency (RF) controller or an iPhone/iPad software application. 

    Category:Aerospace

    Established:

  • Rakta Therapeutics, Inc.

    Rakta Therapeutics, Inc. has licensed the rights to a series of small molecules for the treatment of leishmaniasis, one of the World Health Organizations neglected tropical diseases. Spread by bites sandflies, the Leshmania protozoan are the cause of the disease. Leishmaniasis affects millions of people worldwide and results in tens of thousands of deaths each year. Previous research at the University of Maryland has identified that Leshmania were unable to synthesize heme, a molecule essential for cellular function. Since these protozoans cannot synthesize heme, the parasitic protozoan must absorb heme from their hosts. Through further collaboration with the University of Maryland, Baltimore, the researchers developed inhibitors of the Leshmania heme transport mechanism. Rakta Therapeutics has licensed these inhibitors with the goal of developing the compounds into effective treatments for leishmaniasis. 

    Category:Small molecules

    Established:

  • Mukh Technologies

    Mukh Technologies is a University of Maryland start-up is based on a university developed technology for face detection and recognition, landmarks localization, gender recognition, and pose estimation. The company is working on developing security solutions for mobile devices. 

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    Category:Software + Algorithm

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  • Living Pharma Logo

    Living Pharma

    Living Pharma, Inc. develops Personalized CAR T Cell Therapy™. They are focused on developing therapeutic immuno-oncology products optimized for each individual patient. Founders include Dr. Eduardo Davila from the Greenebaum Comprehensive Cancer Center at the University of Maryland Baltimore and Ronald P. Dudek, former Vice President of Commercial Strategy at Juno Therapeutics, Inc.

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    Category:Therapeutics

    Established:

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