Due to inclement weather, Frederick County MD public schools and offices will be closing 2 hours early Friday, January 2, 2025, per the Frederick Pulse.
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The FBI has released new details and video footage of the suspect who placed pipe bombs near the DNC and RNC offices in Washington, D.C., on January 5, 2021, renewing their call for tips and offering a $500,000 reward for information leading to the arrest and conviction of the individual. (more…)
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.
Duke’s Grocery, a DC-based, East London-inspired gastropub, will be opening in quarter 1 of 2025, according to an Instagram post by the company. The Instagram post also provided a first look at the interior of the restaurant (video below).
The National Weather Service (NWS) has an elevated snow risk for the entire area Sunday night into Monday, stating that there is “increasing confidence in regards to the potential for travel impacts & closures.”
On August 22, the New Neighbor Interfaith Alliance (NNIA) will host the 2026 Set Them Up for Success Volleyball Tournament and Family Fun Day from 9 am-4 pm at the Interdenominational Church of God in Gaithersburg, gathering volleyball teams, faith community members, and the public to raise funds to help recent refugees in Montgomery County attain independence.
An interfaith non-profit alliance of 37 faith communities and civic groups, NNIA raises funds to help resettled refugees with rental assistance, deferred medical care, English language skills and job placement. They also hope to expand their volunteer numbers to help more beneficiaries with job assistance, reliable transportation, and mentoring.
College Park Day is on Saturday, October 3, 2026 from 12:00 to 6:00 pm at the College Park Aviation Museum and Airport!This annual festival has free activities and entertainment for all ages.
This year includes three live music and performance stages! Dance and sing along to an exciting lineup of local bands!
The Rockville-Montgomery Swim Club was ranked the No. 9 swim team in the U.S. by USA Swimming for 2024 and earned Gold Medal Club status for the second consecutive year, placing it among the top 1% of over 2,800 teams nationwide. (more…)
The Montgomery County Police Department (MCPD) is seeking public assistance in locating Ernest Gerald Wilkerson, wanted for tampering with his ankle monitor and evading pre-trial conditions after a February 2024 sex trafficking conviction. (more…)
Sky Kitchen at 9805 Main St in the Damascus Shopping Center has closed. (more…)
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The McDonald’s located at 11564 Rockville Pike in North Bethesda has permanently closed, with signage removed on Thursday morning. A new McDonald’s is set to open at 11710 Rockville Pike, the former site of Arby’s (construction photos below).
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While we’ve been focusing on the potential for a larger winter storm on Monday, there’s a chance for a quick burst of snow on Friday afternoon that could have an impact on the evening commute. A Winter Weather Advisory has been issued for Frederick, Howard, and Carroll counties from 1pm-7pm on Friday.