Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

2026 season

Biggest startup raises in Maryland, 2026

$1.28B across 150 new raises reported on Form D by companies based in Maryland this season. Last season: $2.22B across 184.

This week Week 43, 2026 (Oct 19–25)

#CompanyLeagueRaisedRaisingFiled
1OS Therapies IncBio & Health$7.2M$12.3MOct 23
2MD Annapolis 2661 Riva Rd 1000, LLC rookieReal Estate$1.6M$2.3MOct 19

By league

Maryland raises by leagueReal Estate$508M · 33Bio & Health$271M · 34Energy$178M · 2Open$165M · 30Finance$95.6M · 8Tech$37.1M · 32Main Street$27.5M · 11

Weekly totals

Maryland weekly totals$106M$213MW18: $182MW18W19: $15MW20: $0W21: $39MW22: $414KW22W23: $45MW24: $1MW25: $101MW26: $4MW26W27: $7MW28: $2MW29: $213MW30: $3MW30W31: $4MW32: $85MW33: $3MW34: $96MW34W35: $31MW36: $17MW37: $7MW38: $61MW38W39: $36MW40: $4MW41: $9MW42: $68MW42W43: $9MW43

Season leaders top 50

#CompanyLeagueRaisedRaisingFiled
1Enterprise Housing Partners 50 Limited Partnership rookieReal Estate$209M$209MJul 16
2Blue Energy Global Inc. rookieEnergy$177M$400MMay 1
3Chiron Real Estate Inc.Real Estate$100M$100MJun 15
4Georgiamune, Inc. rookieBio & Health$92.7M$132MAug 17
5GG Real Estate Income Fund II LLLP rookieReal Estate$56.7M$120MApr 13
6Kaigene, Inc.Bio & Health$55M$73.3MOct 14
7Robotic Research OpCo, LLCOpen$48.5M$58.5MJan 6
8Capital Funding Bancorp, Inc.Finance$45M$45MJun 5
9Enterprise Preservation Fund VI, LLC rookieReal Estate$45MindefiniteSep 16
10MCB Heartland G&I I Holdco LLC rookieOpen$38.6M$63.9MAug 4
11Theradaptive, Inc. rookieBio & Health$36.2M$77.9MAug 4
12Capital Funding Bancorp, Inc.Finance$35M$35MMay 19
13CraniUS LLCBio & Health$19M$20MMar 6
14TP Investor LLC rookieReal Estate$17.4MindefiniteSep 22
15Throne Labs, Inc.Open$14.1M$15MSep 17
16Balance Theory Inc.Tech$12M$12MSep 4
17Grandview Investor LLC rookieReal Estate$11.8MindefiniteOct 15
18Pearl Diagnostics, Inc.Bio & Health$11.2M$11.2MApr 21
19HWH International Inc.Main Street$10M$10MAug 25
20Seraxis Holdings, Inc.Bio & Health$10M$10MSep 24
21Matan Northlake III, LLC rookieReal Estate$10M$10MAug 4
22Reisterstown SC Venture, LLC rookieReal Estate$9.2M$20MMar 24
23Eat the Change, Inc.Open$9M$9MMar 2
24GG First National Tour LLC rookieOpen$7.2M$7.9MMar 24
25OS Therapies IncBio & Health$7.2M$12.3MOct 23
26Templar Nova, Inc. rookieBio & Health$7M$7MOct 7
27Inventwood Inc.Main Street$6.8M$12MJan 20
28Whisker Labs, Inc.Tech$6.6M$6.6MMay 6
29Ensurise Investors, Inc. rookieOpen$6.1M$6.5MAug 26
30Beckley Retreats, P.B.C. rookieOpen$6.1M$6.8MApr 15
31Redlands Preferred LP rookieReal Estate$5.4MindefiniteAug 24
32Curio Wellness CorpBio & Health$5.3M$30MFeb 25
33OS Therapies IncBio & Health$5M$10MAug 25
34Clarity Cosmetics Inc.Open$5M$5MJan 7
35CB LP Fund III, LLC rookieReal Estate$4.9MindefiniteSep 11
36BTJ Touring LLC rookieOpen$4.8M$5.5MMar 12
37RELAI, Inc. rookieOpen$4.6M$6.6MApr 14
38Bvsc First National Tour LLC rookieOpen$4.5M$6MJun 23
39Matan 476 Long Point, LLC rookie provisionalReal Estate$4.4M$4.4MJul 2
40Natsar Pharmaceuticals, Inc. rookieBio & Health$4.2MindefiniteMay 8
41Olney ReLeaf, LLC rookieMain Street$4.2M$4.2MSep 4
42Matan Antman Member, LLC rookieReal Estate$4.2M$4.2MJan 28
43LC Middletown Investor LLC rookieReal Estate$4.1MindefiniteSep 22
44Open Industrial GP CP Fund I LP rookieReal Estate$3.8M$4.2MOct 1
45Legacy of Georgetown LLC rookieFinance$3.5M$3.5MMay 20
46Griot Capital Group, LLCFinance$3.5M$3.5MAug 17
47OS Therapies IncBio & Health$3.5M$7.5MJan 20
48BBG Aerosystems Inc.Open$3.3M$3.3MFeb 20
49Sonavex, Inc.Bio & Health$3.1M$15MJul 28
50Ensurise, LLCFinance$3.1M$3.5MAug 26