The Montgomery County Police Department (MCPD) is investigating a series of thefts at CVS, Target, and Gap stores in Chevy Chase and Bethesda, releasing video and images of ten suspects and seeking public assistance in identifying them. (more…)
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Detectives from the Montgomery County Department of Police – Special Victims Investigations Division are asking for the public’s assistance in locating Elkin Herrera Suazo, a missing 15-year-old. (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.
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Parinaz Fathi, a Rockville native who graduated from the University of Maryland in 2015 before moving on to the University of Illinois Urbana-Champaign to complete her Ph.D.in 2020, has been named tot he 2025 Forbes 30 Under 30 List in the Science category. She now works an independent research scholar (PI) at NIH. (more…)
A $1 million-winning Mega Millions ticket, Maryland’s second during the current jackpot roll, was sold at a Wawa in Bel Air, MD. The jackpot for the Friday, December 13 drawing is now at $670 million, with an estimated cash option of $317.8 million. Full details below courtesy MD Lottery: (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!
9:00 am Memorial Ceremony
Join us as we remember those lost to substance use.
A federal judge has halted the merger of Kroger and Albertsons, following a lawsuit led by Maryland Attorney General Anthony G. Brown, the FTC, and a coalition of states, citing potential risks of reduced competition and higher food prices nationwide. Kroger operates in Montgomery County as Harris Teeter, while Albertsons operates as Safeway. Kroger would have acquired Albertsons in the merger.
A federal jury in Maryland convicted two men, one from Montgomery County, yesterday for their roles in a scheme to lie to investors in CytoDyn Inc.– a publicly traded biotechnology company based in Vancouver, Washington.
The Montgomery County Office of Consumer Protection is warning residents about an increase in package delivery scams, known as “smishing,” where fraudulent text messages impersonating USPS or other carriers attempt to steal personal or financial information, urging caution and verification through official channels. (more…)
BT’s Bethesda, a new restaurant and bar owned by Brian “BT” Lacey, will open on Friday, December 13, at 4866 Cordell Ave., in the space formerly occupied by Zuma by Chef Ninja. Initially, the restaurant will be open for dinner only during its first week, with plans to introduce brunch and lunch service in the coming week. (more…)
The Montgomery County Police Department (MCPD) has has charged 29-year-old Isaac Tomas Pellegrino of Laytonsville, with homicide by motor vehicle while under the influence of alcohol, in connection with a fatal collision that occurred in July 2024. (more…)
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Update: Taylynn Muhammad has been located safe and unharmed.
Detectives from the Montgomery County Department of Police – Special Victims Investigations Division are asking for the public’s assistance in locating Taylynn Muhammad, a missing 13-year-old. (more…)
A 30-year-old Rockville woman, a manager at Silo Falls Restaurant in Brookeville, has been charged with theft and credit card fraud after using a customer’s forgotten credit card, with detectives seeking additional potential victims.