Montgomery County Life Sciences Startups See Highest Investment Since Nov. 2024
According to recent investment data, Montgomery County Life Sciences startup companies are thriving. This past May, companies in the Life Science sector received $80.19 million in investments, the largest amount of investment the industry has received in Montgomery County since November 2024.
Notably, Senseonics Holdings Inc., a medical technology company focused on the design, development, and commercialization of a glucose monitoring system, that helps people to manage their diabetes with differentiated, long-term implantable glucose management technology, raised $50 million in its second public offering on the NYSE stock market. Additionally, another life sciences company, Remedy Plan Therapeutics, which develops medical drugs designed to halt tumor growth and prevent cancer, raised $18 million of venture funding from Schooner Capital and Alexandria Venture Investments.
These investments follow WMATA and Montgomery County’s announcement of the selection of Hines as the developer for a transformative innovation campus in North Bethesda, which will be anchored by the University of Maryland’s Institute for Health Computing. Montgomery County has long been supportive of the life sciences industry. In fact, the county was the first in the nation with a local biotechnology investment incentive program and offers many accelerators and incubators to help life sciences companies at all stages of growth thrive.
Other Notable Investments
Montgomery County is also home to many innovative technology companies. One such company, JumpLights, the developer of a horticultural technology designed to provide light intensity and controlled spectrum for both the vegetation and flowering stages, raised $1.3 million of venture funding in the form of SAFE notes from undisclosed investors. JumpLights also recently won the Maryland Tech Council’s 2025 Emerging Technology Company of the Year ICON Award, which is awarded to a company demonstrating innovation in a product or service, as well as the ability to attract resources and drive significant financial growth, positioning them for future success.