For the first time, producers can get results before shipping to avoid outbreaks and costly recalls as well as reduce expensive warehousing and refrigeration costs during testing holds. By streamlining logistics to one 8-hr shift, products can be released one day fresher and plant productivity increased over 30%.
It’s the only USDA and FDA compliant innovation in enrichment, and it’s compatible with most current tests and seamlessly fits into producer and lab workflows.
Our impact has the potential to reduce up to 50% of food waste, save trillions of gallons of water annually, and eliminate billions of pounds of methane and greenhouse gases yearly.
It’s the only USDA and FDA compliant innovation in enrichment, and it’s compatible with most current tests and seamlessly fits into producer and lab workflows.
Our impact has the potential to reduce up to 50% of food waste, save trillions of gallons of water annually, and eliminate billions of pounds of methane and greenhouse gases yearly.
Location: United States, Maryland, College Park
Employees: 1-10
Total raised: $1.92M
Founded date: 2016
Investors 4
| Date | Name | Website |
| - | UM Venture... | umventures... |
| - | Maryland M... | momentum.u... |
| - | TEDCO | tedcomd.co... |
| - | Ecphora Ca... | ecphoracap... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 12.04.2022 | Grant | $884.85K | - |
| 28.01.2022 | Grant | $884.85K | - |
| 18.05.2020 | - | $150K | Maryland M... |
Mentions in press and media 7
| Date | Title | Description |
| 07.09.2022 | University System of Maryland Names Mike Ravenscroft Managing Director of the Maryland Momentum Fund | Baltimore, Md. (Sept. 7, 2022) – The University System of Maryland (USM) has named Mike Ravenscroft as Managing Director of the Maryland Momentum Fund (MMF), a $16 million investment fund that supports early stage companies affiliated with ... |
| 02.05.2022 | This Maryland startup is helping consumers ‘romaine’ calm about food safety | When Maryland founder Javier Atencia set out to create his company in 2014, he had a singular goal: to create a better system for detecting foodborne illnesses-causing pathogens, with the help of tech. Nearly a decade later, his company, Pa... |
| 02.07.2021 | Viewpoint: Md. startups are poised for takeoff, but the entrepreneurial ecosystem is still in its infancy | After leading the University System of Maryland Maryland Momentum Fund for nearly two years — performing due diligence on over 250 companies and making 22 investments and counting — I’m able to offer a full picture on Maryland’s strengths a... |
| 18.11.2020 | Maryland is eyeing these 20 startups for future success | Tuesday was National Entrepreneur’s Day, and Gov. Larry Hogan of Maryland used the occasion to announce his list of 20 promising startups across the state. The Maryland Future 20, released by the Maryland Department of Commerce, aims to hig... |
| 11.06.2020 | Money Moves: New funding is rolling in for these 5 DC-area companies | Money Moves is a column where we chart the funding raises of tech companies across the region. Have a tip? Email us at dc@technical.ly. After having a strong Q1 for venture capital, companies in the DMV region have continued to close large ... |
| 18.05.2020 | USM Maryland Momentum Fund Invests $150,000 in pathOtrak | Company led by Former UMCP and National Institute of Standards and Technology Faculty Member Drastically Cuts Detection Time for Salmonella and E. coli in Food |
| - | Pathotrak | “We've developed the most cost effective foodborne pathogen dection test. We can provide results up to 6x faster than other tests.” |