A multi-vehicle collision, including a tractor-trailer, occurred on southbound I-270 between Montrose Road and the I-270 Spur around 2:40 p.m. on Tuesday, November 26. (more…)
|
Montgomery County has announced it will offer free parking in County-owned garages and lots on Small Business Saturday (Nov. 30) and Super Saturday (Dec. 21) to encourage shopping at local businesses, though on-street meter fees will still apply. (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.
|
Update: A multi-vehicle collision, including a tractor-trailer, occurred on southbound I-270 between Montrose Road and the I-270 Spur around 2:40 p.m. on Tuesday, November 26.
According to Chief Spokesperson for MCFRS Pete Piringer, one person was trapped and extricated from a passenger car by emergency responders and was transported with Priority 2 trauma. Some lanes remain blocked as of 4pm.
|
Montgomery County Fire and Rescue Services (MCFRS) responded to fire in the 1200blk of Gladstone Dr, near Baltimore Rd in Rockville on Tuesday, November 26. (more…)
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!
Butchers Alley is ten years old! To celebrate we’re throwing a can’t-miss cookout on Saturday August 29th from 11am-2pm. We’ll be grilling up free handcrafted burgers for the first 150 customers, tasting some of our favorite products and we’ve got a few fantastic raffle prizes for you like a $100 catering gift card, a free paella party for four and a butcher's pick bundle of our favorite cuts.
We’ll see you Saturday August 29th from 11am-2pm for great burgers, good times and celebration of 10 years of Butchers Alley!
A 22-year-old Gaithersburg man has been charged with criminally negligent manslaughter after striking and killing bicyclist in a high-speed collision on August 30, 2023, on Frederick Rd, where Flores was found to be traveling at 72 mph in a 40-mph zone.
Knits ‘N Purls, a new knitting and crochet shop, is now open at 816 Muddy Branch Rd in the Muddy Branch Square shopping center in Gaithersburg (photos below).
Metro’s Board of Directors voted to approve the Better Bus Network Redesign, the first major overhaul of the Metrobus network in its 50-year history.
|
Below is the latest information on the operational status of the red-light cameras installed across the City of Takoma Park:
Back in May we let you know that Dirty Dough is coming to 36B Maryland Ave in Rockville Town Square. The cookie shop will be taking over the location that was the longtime home of Berry Cup, which closed in the summer of 2022. According to an announcement the company posted on our website, Dirty Dough is currently hiring and preparing for a December opening.
‘Khana a Claypot Grille’ closed permanently at the end of September after approximately ten years at 15616 Old Columbia Pike in Burtonsville. Its replacement did not take long to sign on at the once again fully leased Burtonsville Town Square shopping center with Quickway signing a lease to open a new restaurant.
Paris Baguette at 21030 Frederick Rd in the Milestone Center in Germantown is scheduled to open Saturday, November 30.