The Montgomery County Police Department (MCPD) arrested three individuals and seized three illegal firearms, including a ghost gun, during a proactive traffic stop in White Oak. (more…)
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Alert Montgomery sent out a ‘Severe Traffic Alert’ at 11:45am for a traffic incident that blocks all lanes on Outer Loop I-495 past Exit 30 (Colesville Rd). Per Alert Montgomery, “Expect significant delays. Seek alternate route.”
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.
Back in January we let you know that Eggspectation, a restaurant that serves “elevated American cuisine with a lengthy all-day breakfast menu alongside hearty lunch and dinner fare”, is returning to Montgomery County with its upcoming Burtonsville location. “Early 2025” is now the anticipated opening timeframe for the Burtonsville location and additional locations in Annapolis and Columbia.
As Marylanders prepare for a fresh start in 2025, the Maryland Department of Transportation Motor Vehicle Administration (MVA) shares important information to ensure that all roadway users are safe and prepared both on and off the road.
HouseMouse Books is excited to announce the debut of Escape the Bookshop IV, our brand new limited-run escape room experience.
Escape the Bookshop games are always based on a real crime with connections to the DC region. They are designed and built by HouseMouse Books to be played in our atmospheric bookshop. This latest game was inspired by a true local museum theft and the goal is simple – to find the stolen object before the suspect flees the country!
Dreaming about your next vacation? Join Cruise Planners Beth Borrego and Rod Rodriguez for an inspiring day devoted to ocean and river cruises, guided tours, luxury travel and unforgettable destinations!
Meet representatives from AmaWaterways, Collette, Oceania Cruises and Premier World Discovery. Hear informative presentations, ask questions, explore exciting vacation possibilities and discover which travel experience may be the perfect fit for you.
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This past summer we shared that two Maryland restaurants (the top two) were included in a list of the “Best Crab Cakes in the U.S.” by Food & Wine magazine. Our staff tried both, as well as a few that readers recommended, and made our decision for The MoCoShow’s favorite crabcake (photos below).
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37-year-old Michelle Gogan of Burtonsville tragically was hit and killed by a driver in the parking lot of the Giant Food store located on the 15600 block of Old Columbia Pike in Burtonsville (Burtonsville Town Town Square) on Thursday. The community is raising funds toward funeral and burial expenses, memorial services, and other costs associated with celebrating Michelle’s life.
The Montgomery County Commission for Women will host its 45th Annual Women’s Legislative Briefing on Saturday, Jan. 25, at The Universities at Shady Grove, featuring the theme “EMPOW(HER): Breaking Barriers to Success,” with keynote panels, breakout sessions, and workshops aimed at empowering women and girls, fostering gender equality, and inspiring leadership. (more…)
Below is a list of restaurants and businesses that will be coming soon to Gaithersburg, MD. (more…)
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The Washington Commanders announced that they have waived 2022 second round draft pick Phidarian Mathis.
Maryland Attorney General Anthony G. Brown and a coalition of 20 attorneys general have urged the Supreme Court to uphold Louisiana’s Voting Rights Act-compliant congressional map, defending states’ authority to address voting inequalities through redistricting.
Beginning in the new year, drivers in D.C. will be prohibited from making right turns on red unless a sign indicating permission has been installed by the District Department of Transportation. The change will take place at approximately half of DC’s 1,600 intersections and