Montgomery County Companies Raise Over $90 million in Investment in July
Montgomery County companies continue to attract investment and received a total of $92.1 million in July 2026, compared to $7.53 million a year earlier in July 2025.
Known as the anchor of the third-largest biopharma hub in the nation, it’s not surprising for life sciences companies in the County to receive attention from investors. Last month, 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 creating therapies that have the potential to change lives to developing clean technology that helps the environment, Montgomery County companies are at the forefront of innovation that is shaping the future.