Montgomery County Fire and Rescue Services (MCFRS) responded to a vehicle fire on Tuesday, November 19, around 9 p.m. in Rockville. (more…)
Montgomery County Fire and Rescue Services (MCFRS) responded to a collision involving a juvenile pedestrian near Argyle Middle School in Aspen Hill on Tuesday, November 19. (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.
A 13-year-old boy has been charged with two commercial burglaries in Rockville, committed alongside an 11 and 12-year-old, after the trio was caught with stolen property from Superior Auto Service and RMA Transportation in Rockville.
On Tuesday, Montgomery County Councilmembers introduced the “Uplifting Victims and Immigrant Safety Act” to remove barriers for immigrant victims of violent crimes seeking U visa protections, aiming to enhance safety and cooperation with law enforcement. (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!
The Ultimate Showdown of Illusion & Hilarity: THE MAGIC DUEL
WITNESS THE SPECTACULAR COLLISION OF MIND-BLOWING MAGIC AND SIDE-SPLITTING COMEDY!
Montgomery County will commemorate World AIDS Day on Tuesday, Dec. 3, with a free breakfast, workshops on Black women’s sexual health, and on-site HIV testing at the Silver Spring Civic Building, highlighting the theme “Breaking the Silence Together: Celebrating Black Women’s Strength in HIV Awareness, Sexual Health and Wellness.” (more…)
|
UPDATE: Yvette Foster has been located safe and unharmed.
Detectives from the Montgomery County Department of Police – 6th District Investigative Section are asking for the public’s assistance in locating Yvette Foster, a missing 65-year-old. (more…)
The Montgomery County Police Department (MCPD) is investigating an attempted armed carjacking that occurred on Monday, November 4, 2024, near the intersection of Montgomery Village Avenue and Midcounty Highway. (more…)
Charlie Palmer Steak DC has announced that it will close its DC location at 101 Constitution Ave. permanently on Friday, November 29th.
Here is a list of businesses that have recently opened, are closing, or are set to open soon in Germantown, MD: (more…)
The RFK bill, which would allow DC to take control of federal land (the site of RFK stadium) has successfully passed the committee vote with a score of 17-2– marking an important, but not final milestone. The site remains in play as the Washington Commanders search for a site for their new stadium.
Melissa Curtis, 32, of Upper Marlboro, was sentenced to 30 years in prison, suspending all but 12 months, and five years of supervised probation after pleading guilty to three counts of third-degree sex offense for abusing a 14-year-old student while teaching at Montgomery Village Middle School in 2015. (more…)