Maryland Technology Development Corporation (Tedco), an independent seed investor in spin-outs, has announced its investments for 2014 so far stand at $1.5m spread across 15 companies.
The funding supported the commercialisation process of spin-outs focused on a range of sectors from health care to professional development. Each company was supported with $100,000 in funding. The companies have since gone on to raise a combined $678m from other sources including angels and venture capitalists.
Since its inception, Tedco has supporte 225…
