Detectives from the Montgomery County Department of Police – Special Victims Investigations Division (SVID) are asking for the public’s assistance in locating Diana Salvado, a missing 17-year-old from Silver Spring. (more…)
Calling all builders, crafters and woodworkers. Montgomery Parks will hold its annual Urban Wood Sale on the weekend of November 9-10, 2024. The Urban Wood Sale will take place on Saturday and Sunday, November 9-10, 2024 from 8:00am until noon at Montgomery Parks’ Green Farm Maintenance Facility (8301 Turkey Thicket Drive, Gaithersburg, MD 20879).
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.
|
Montgomery County Fire and Rescue Services (MCFRS) responded to a report of a vehicle striking a house Wednesday morning in Gaithersburg.
The non-profit organization SmileHub today released new reports on the Best Charities for Health & Wellness and the Best States for Health & Wellness in 2024. Maryland came in ranked as the “8th Best State for Health & Wellness.”
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.
The Montgomery County Police Department (MCPD) has announced that four teens—a 13-year-old, a 14-year-old, a 17-year-old, all from Silver Spring, and a 15-year-old from Prince George’s County—have been arrested for an armed carjacking on Bethesda Avenue, where the 17-year-old displayed a gun and demanded the victim’s car keys, resulting in their apprehension following a traffic stop on Wisconsin Avenue.
On Tuesday, Judge Lydia K. Griggsby sentenced Darnell Palmer, 23, Germantown, Maryland, to 84 months in federal prison, followed by three years of supervised release, for possession of a controlled substance with the intent to distribute and possession of a firearm and ammunition by a convicted felon.
Detectives from the Montgomery County Department of Police – 5th District Investigative Section are asking for the public’s assistance in locating a missing Germantown man. (more…)
Detectives from the Montgomery County Department of Police – Special Victims Investigations Division (SVID) are asking for the public’s assistance in locating Walmer Miranda-Gomez, a missing 15-year-old. (more…)
The PGPD’s Financial Crimes Unit identified four suspects who targeted an elderly woman last week in a “pigeon drop” scam in the county. A pigeon drop scam involves convincing a victim to give the suspect(s) a large amount of cash as collateral with the hope of then sharing a sum of money.
As autumn settles in, many are eagerly anticipating the return of an extra hour of sleep while others lament how early it will be getting dark. With fall in the air, pumpkin spice lattes in full force, and temperatures gradually cooling down (though you wouldn’t be able to tell today and tomorrow), the changing of the clocks is another sign of the season. Video of a fall morning in the area can be seen below.
According to District 3 Montgomery County Police Department (MCPD) Commander Jason Cokinos, last night, Montgomery County’s District Community Action Team (DCAT) recovered a stolen vehicle and arrested a suspect for felony auto theft near the Northwest Park community in Silver Spring.
Cokinos wrote on Twitter/X, “Last night your @mcpnews District Community Action Team (DCAT) was working in the area of New Hampshire Ave near the Northwest Park community. Officers located a vehicle that had recently been reported stolen from Gaithersburg.