Koev Brothers provides $250,000 to BlueStar

Koev Brothers provides $250,000 of private capital to BlueStar TeleHealth, a B2B healthcare company based in Rockville, MD. The team is led by service-disabled military veterans making a positive impact in local communities. The firm delivers improved health access, greater health equity, and in-home preventative health solutions to manage chronic conditions

Buffalo materials startup secures $28M Series B round

A local materials science startup has raised an eight-digit funding round to fuel growth.

CleanFiber, which manufactures building insulation from recycled corrugated cardboard, recently closed a $28 million Series B equity funding round, according to a news release. The startup also secured a $31.5 million project financing facility.

CleanFiber gains $5 million in investment as it continues growth

CleanFiber wrapped up a $5 million investment round last month that will support the completion of an expansion to its factory in Blasdell and help fund future growth. More than $70 million has now been invested in CleanFiber.

intelligent fluids raises €10 MM Series B Round

intelligent fluids, an award-winning Cleantech innovator, has completed a 10m€ Series B financing round. The round was led by WAVE Equity Partners, a US-based sustainability fund, with participation from existing institutional investors, High-Tech Gründerfonds (HTGF) and IBG Sachsen-Anhalt.

TEDCO’s Venture Funds Invests Nearly $1M in Warrior Centric Health

COLUMBIA, Md. (December 19, 2022)—TEDCO, Maryland’s economic engine for technology companies, announced today its Venture Funds invested nearly $1M in Warrior Centric Health (WCH), an organization that enables healthcare facilities and providers to deliver optimal care to 75 million veterans, active service members and their families. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses in Maryland. 

Transforming old cardboard boxes into insulation nets CleanFiber $10 million round

One startup has a plan to slash that fraction while also cutting the carbon footprint of people’s homes. Buffalo-based CleanFiber takes used cardboard boxes and turns them into cellulose insulation that can be blown into the walls and attics of new and existing homes.