The All In Summer Tour will return to Dogwood Park in Rockville on Sunday, August 30, for an evening of one-on-one basketball matchups. The free community event will take place from 5:30pm-8pm at the park’s basketball courts, located at 800 Monroe St.
United States Capitol Police arrested a California man Tuesday afternoon after officers discovered a guillotine in the bed of a pickup truck near the U.S. Capitol.
Four Montgomery County companies in the financial services, AI, biopharma, and clean tech industries raised just over $460 million across public offerings and private investment activity in June and July, signifying continued investor confidence in Montgomery County’s business ecosystem.
In June, Forbright, a Chevy Chase-based bank holding company with 545 employees, successfully completed its initial public offering on the Nasdaq. The D.C. region’s fastest-growing bank raised $142.2 million, valuing the company at approximately $950 million, marking not only a major milestone for the company but also for Montgomery County’s rapidly expanding financial services industry, which boasts companies spanning venture capital, private equity, financial technologies, and investment asset management.
Also in June, Bethesda-based Xometry announced a $225 million secondary public offering. Founded in Gaithersburg, the AI-powered manufacturing marketplace has become one of Montgomery County’s homegrown innovation economy success stories, connecting businesses with manufacturing capacity around the world through its intelligent digital platform. The additional capital will allow the company, which employs over 1,000 people, to continue expanding and investing in advanced manufacturing innovation.
Known as the anchor of the third-largest biopharma hub in the nation, it’s not surprising that life sciences companies in the County also continue to attract attention from investors. In July, RegenxBio, Inc., a clinical-stage biotechnology company focused on the development of gene therapy treatments, raised $90.04 million in its second public offering on the Nasdaq Stock Exchange. Located in Rockville with over 370 employees, RegenxBio is a leader in developing therapies for retinal, neuromuscular, and neurodegenerative diseases.
In clean tech, Arculus Solutions, a developer of hydrogen-barrier coatings designed to protect infrastructure from hydrogen embrittlement, raised $1.95 million of Seed-1 funding from undisclosed investors, putting the company’s pre-money valuation at $20.05 million. The company’s coatings can be used in various applications, such as hydrogen fuel cell pipelines, storage tanks and hydrogen-powered vehicles, enabling the energy industry to reduce the risk of accidents and improve safety. Based in Bethesda, Arculus is yet another example of Montgomery County’s growing position as a hub for clean tech, which is home to several leading clean tech companies, including X-energy and Liatris.
From innovative financial institutions and AI leaders to biopharma and clean tech companies that are developing technologies that are shaping to future, Montgomery County continues to remain a place where companies can start and scale quickly.
The Montgomery County Animal Services and Adoption Center (MCASAC) in Derwood will waive adoption fees on Saturday, August 29, and Sunday, August 30, as part of NBCUniversal Local’s 2026 “Clear the Shelters” campaign. (more…)
Governor Wes Moore is criticizing a two-week federal immigration enforcement operation in Maryland and Virginia that resulted in 1,328 arrests, arguing that the operation swept up many people without criminal charges or convictions and was carried out without notifying state officials. (more…)
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Mezeh Mediterranean Grill will celebrate the grand opening of its new Kensington location on Thursday, August 27, with free bowls and other giveaways throughout the day. (more…)
A North Bethesda woman charged after admitting that she used an AI-generated image as part of a prank that prompted a police response has agreed to donate $1,000 to the Montgomery County Police Department to resolve the case. (more…)
Colony Grill has closed its restaurant at Cabin John Village in Potomac after a little more than three years in business. The location was the Connecticut-based pizza restaurant’s only outpost in Maryland.
The driver of a school bus that crashed into a utility pole near MD-355 and Central Avenue in Gaithersburg has been pronounced dead, according to Montgomery County Police.
A portion of Christopher Avenue in Gaithersburg will be closed overnight for three consecutive nights due to crane work being performed by Costco, according to the City of Gaithersburg.
The Montgomery County Police Department shared an overview of reported calls for service from Monday, August 24. Police noted that the summary does not reflect every call for service received that day.
Takoma Park Police are investigating an armed robbery reported early Sunday morning in the 6700 block of Prince George’s Avenue.