Aug. 25, 2024 was a lucky day for Carlos Gamez, a Washington, D.C. resident who enjoys playing the Lottery in his home territory as well as in neighboring Maryland and Virginia. On that day, he won more than $50,000 playing a DC Lottery game. Two and a half months after winning that prize, he won $25,000 in Montgomery County.
The City of Gaithersburg’s Winter Lights Festival returns with a stunning display at Seneca Creek State Park, open nightly from November 29 through December 31. The festival is closed on December […]
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.
This afternoon, Montgomery County Police Department (MCPD) patrol officers operating in the central business district (4th district) responded to a report of shoplifting at the JC Penney store located in Wheaton Mall. Upon arrival, officers encountered an adult male suspected of theft.
The Anchor Inn was one of the most popular restaurants in MoCo for 50 years. Established in 1954 in the heart of Wheaton, The Anchor Inn was one of the […]
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.
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!
Adventist HealthCare White Oak Medical Center earned an “A” Hospital Safety Grade for the 4th consecutive rating period from The Leapfrog Group, an independent national nonprofit watchdog focused on patient safety.
Back in the early 2000s, the plaza area between Crepes-A-Go-Go and Thai Tanium held an ice rink during the winter and a mini golf course in the summer. This venture only lasted for a couple of years, but it was the source of fond memories for many during that time.
A Washington, D.C. resident recently won $25,000 on a Maryland Lottery Pick 5 ticket he purchased from State Line Market at 7817 Eastern Avenue in Silver Spring, using the number 82524, which previously earned him a $50,425 prize from the DC Lottery. Full story below courtesy MD Lottery: (more…)
On Friday, Ansoumane Camara of Germantown, MD was sentenced to 18 months in prison for securities fraud and felony theft exceeding $100,000, after pleading guilty to defrauding a client of $129,966 through unregistered investment services; he was also ordered to repay the stolen amount and serve five years of probation. (more…)
Construction is progressing at the upcoming Kensington Crossing shopping center, which is located at 10619 Connecticut Avenue (at Plyers Mill Road). Last year, a decision was made to change the […]
More revolving sushi has arrived in Rockville as Uzu Revolving Sushi has “soft launched” at 1701 Rockville Pike A6 in The Shops at Congressional Village shopping center (video below).
Detectives from the Montgomery County Department of Police – Silver Spring Investigative Section, are asking for the public’s assistance in locating a missing 22-year-old woman.