On Friday, Governor Wes Moore announced the launch of Maryland’s Unified Benefits Screener, a mobile-friendly tool developed through interagency collaboration to simplify benefits access by allowing Marylanders to quickly check eligibility for programs like Medicaid, SNAP, WIC, and energy assistance. (more…)
At 12:22pm on Sunday afternoon, Alert Montgomery sent out a ‘Severe Traffic Alert’ for a “traffic incident that closes various lanes on Southbound Columbia Pike (US-29) to Stewart Ln. Expect significant delays. Seek alternate route.” This incident occurred in White Oak.
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.
A 2.09-acre lot that is positioned directly along I-270, on Redland Rd. off of Exit 8, is being auctioned off on January 13th with a $325K starting bid.
The Washington Commanders will be without starting center Tyler Biadasz today in their game against the New Orleans Saints.
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!
Detectives from the Montgomery County Department of Police – 3rd District Investigative Section are asking for the public’s assistance in locating Thomas Earl Gills, a missing 81-year-old. (more…)
Good K9 Academy will host a ribbon-cutting ceremony with the Gaithersburg-Germantown Chamber of Commerce on Tuesday, December 17, at 12:00 PM. for its new location at 12101 Darnestown Rd in The Shops at Potomac Valley shopping center in Gaithersburg. (more…)
The Randolph Center, located at 12295 Nebel St. in Rockville, has been sold for $18 million according to a report by Maryland Newsletters.
As 2024 winds down, we wanted to share with you some of the most-read articles of 2024. This article was originally published on April 29th, 2024, when five Maryland restaurants were included in the New York Times’ “25 Best Restaurants in Washington D.C. Right Now” list published earlier this year. Four of the five Maryland restaurants included can be found in Montgomery County (photos of the Montgomery County restaurants below by @MrMoCo).
Back in May we let you know that Classic Bakery will be opening a new location at 18195 Village Center Dr. in Olney- the bakery’s third overall, adding to Gaithersburg […]
Montgomery County Fire and Rescue Services (MCFRS) have responded to the scene of a vehicle fire on northbound I-270 between Watkins Mill Road and Middlebrook Road on Saturday afternoon.
Montgomery County Fire and Rescue Service (MCFRS) responded to a house fire in the basement of a single-family home at 4500 Randolph Rd. near Charles Rd. in Rockville on Saturday, December 14. (more…)