Abell Foundation

Minnowtech is an aquaculture technology company based in Baltimore, Maryland, that specializes in providing a software imaging platform designed for shrimp farmers. This platform allows for the non-invasive estimation of shrimp abundance using artificial intelligence and image analysis, enabling farmers to optimize feeding regimes and harvests while minimizing risks to juvenile shrimp. By addressing significant challenges in the aquaculture industry, particularly in assessing shrimp growth and optimal harvest times, Minnowtech enhances the health and productivity of shrimp hatcheries. The company's low-cost technology, supported by a team of marine scientists, aims to improve the livelihoods of aquaculture farmers and contribute to global food security and the sustainability of marine environments.

Marinalife, LLC, established in 2000 and based in Baltimore, Maryland, specializes in marina information and cruising concierge services. The company provides a range of offerings designed for all types of boaters, including detailed marina information, boat slip reservations, and travel resources such as trip itineraries and destination guides. The Marinalife Cruising Club membership enhances the boating experience by granting access to these resources, making boating adventures more manageable. Additionally, Marinalife publishes a quarterly magazine that features entertaining and informative articles on various topics, including travel destinations, marina highlights, cruising stories, and tips for boat captains. Marinalife operates as a subsidiary of Snag A Slip, LLC, and aims to centralize and streamline the boating experience for its members.

North American Wave Engine Corporation, founded in 2015 and headquartered in College Park, Maryland, specializes in the design and development of wave engines for jet propulsion applications. The company employs innovative technology that leverages recent scientific advancements to achieve exceptional Thrust-to-Weight ratios and Thrust-Specific Fuel Consumption, all while eliminating the need for moving parts. This unique approach positions North American Wave Engine at the forefront of jet propulsion technology, aiming to enhance efficiency and performance in aviation.

ReGelTec, Inc. is a medical device company based in Baltimore, Maryland, focused on developing minimally invasive spinal implants aimed at treating lower back pain and degenerative disc disease. Established in 2018, the company has created a unique device that is injected into the nucleus of an intervertebral disc using a small needle. This viscous solution is filled to a predetermined height or pressure, solidifying as it cools to body temperature, which helps alleviate pain without the need for follow-up surgery. ReGelTec's innovative approach offers a potential solution for patients suffering from debilitating spinal conditions.

Spine Align, LLC, based in Baltimore, Maryland, is a medical device company incorporated in 2017 that focuses on improving spinal surgery outcomes through innovative technology. The company has developed patent-pending imaging technology that provides real-time, three-dimensional measurements of spinal alignment during corrective surgeries. This breakthrough technology significantly reduces the time required for measurements by 95% and decreases radiation exposure by 80% compared to traditional methods. By offering intraoperative alignment assessments, Spine Align aims to help medical professionals standardize surgical outcomes and address the high revision rates associated with primary spine surgeries.

NextStep Robotics Inc. is focused on developing innovative solutions for treating foot drop through a robotic device that enhances walking function. Incorporated in 2017 and based in Baltimore, Maryland, the company enables clinics to offer personalized robotic therapy using adaptive software that provides assistance tailored to each patient's needs. This system allows lower-skilled clinic staff to operate the device, thereby freeing up therapists to concentrate on other treatment modalities. As the company collects more data, the software will evolve into an AI-based system that optimizes training protocols for individual patients. The device is classified as a Class 1 Exercise Device, which allows for immediate revenue generation through direct sales, leasing, software subscriptions, and service contracts. This clinically proven approach not only improves patient outcomes but also enables clinics to provide reimbursable therapy for conditions that previously lacked effective treatment options.

BurnAlong, Inc. is a fitness and wellness platform that provides personalized online classes and social motivation to help individuals achieve their health goals. Founded in 2016 and based in Pikesville, Maryland, the company connects users with fitness instructors through video feeds, allowing them to work out together regardless of location. The platform serves a diverse clientele, including corporate employers, municipalities, insurers, brokers, individuals, and senior citizens. By leveraging machine learning, BurnAlong tailors class recommendations to suit various preferences, ranging from high-intensity workouts to meditation. This approach not only enhances individual wellness but also helps companies foster strong workplace cultures, enhancing employee retention and attraction.

NextStep Robotics Inc. is focused on developing innovative solutions for treating foot drop through a robotic device that enhances walking function. Incorporated in 2017 and based in Baltimore, Maryland, the company enables clinics to offer personalized robotic therapy using adaptive software that provides assistance tailored to each patient's needs. This system allows lower-skilled clinic staff to operate the device, thereby freeing up therapists to concentrate on other treatment modalities. As the company collects more data, the software will evolve into an AI-based system that optimizes training protocols for individual patients. The device is classified as a Class 1 Exercise Device, which allows for immediate revenue generation through direct sales, leasing, software subscriptions, and service contracts. This clinically proven approach not only improves patient outcomes but also enables clinics to provide reimbursable therapy for conditions that previously lacked effective treatment options.

Vixiar Medical, Inc., established in 2013 and headquartered in Annapolis, Maryland, specializes in developing non-invasive, cost-effective devices and systems for monitoring cardiopulmonary diseases. Its flagship product, Indicor, is a handheld, point-of-care device and digital platform designed to monitor worsening heart failure. Vixiar's devices aim to improve clinical workflow and deliver economic value to the healthcare system by enabling assessments of cardiac filling pressure in various settings, including homes, physician offices, nursing homes, and hospitals.

ReGelTec, Inc. is a medical device company based in Baltimore, Maryland, focused on developing minimally invasive spinal implants aimed at treating lower back pain and degenerative disc disease. Established in 2018, the company has created a unique device that is injected into the nucleus of an intervertebral disc using a small needle. This viscous solution is filled to a predetermined height or pressure, solidifying as it cools to body temperature, which helps alleviate pain without the need for follow-up surgery. ReGelTec's innovative approach offers a potential solution for patients suffering from debilitating spinal conditions.

North American Wave Engine Corporation, founded in 2015 and headquartered in College Park, Maryland, specializes in the design and development of wave engines for jet propulsion applications. The company employs innovative technology that leverages recent scientific advancements to achieve exceptional Thrust-to-Weight ratios and Thrust-Specific Fuel Consumption, all while eliminating the need for moving parts. This unique approach positions North American Wave Engine at the forefront of jet propulsion technology, aiming to enhance efficiency and performance in aviation.

The University of Maryland, located in College Park, Maryland, is a distinguished public research university that was established in 1856. Over the past two decades, it has significantly enhanced its reputation and academic standing, emerging as a leading institution in research, entrepreneurship, and innovation. The university is committed to leveraging its competitive advantages and pursuing ambitious goals to further its mission. With a focus on fostering an environment conducive to academic excellence and practical application, the University of Maryland aims to solidify its position among the world's premier educational institutions.

Vixiar Medical, Inc., established in 2013 and headquartered in Annapolis, Maryland, specializes in developing non-invasive, cost-effective devices and systems for monitoring cardiopulmonary diseases. Its flagship product, Indicor, is a handheld, point-of-care device and digital platform designed to monitor worsening heart failure. Vixiar's devices aim to improve clinical workflow and deliver economic value to the healthcare system by enabling assessments of cardiac filling pressure in various settings, including homes, physician offices, nursing homes, and hospitals.

Sonavex, Inc. is a Baltimore-based company founded in 2013 that specializes in advanced imaging technology aimed at enhancing surgical outcomes. The company has developed a proprietary ultrasound-based platform that enables clinicians to detect anastomotic blood clots and assess critical intravascular flow metrics directly at the point of care. This technology not only facilitates the measurement of blood flow and vessel morphology but also includes bioresorbable and echogenic equipment to mark at-risk blood vessels for future assessments. By providing actionable data, Sonavex supports healthcare providers in monitoring and improving patient care, particularly in the context of post-operative complications.

Loople Mobile is a business intelligence and marketing solution provider for the alcohol industry, founded in February 2014 by David Phelan and Philip DiMuro in Baltimore, Maryland. The company has developed a GPS-enabled smartphone application that allows users to discover local bars and restaurants based on drink specials, seating arrangements, and personalized preferences. By utilizing digital mapping technology, the app helps users easily navigate their surroundings and find venues that suit their tastes, enhancing their dining and social experiences.

Sonavex, Inc. is a Baltimore-based company founded in 2013 that specializes in advanced imaging technology aimed at enhancing surgical outcomes. The company has developed a proprietary ultrasound-based platform that enables clinicians to detect anastomotic blood clots and assess critical intravascular flow metrics directly at the point of care. This technology not only facilitates the measurement of blood flow and vessel morphology but also includes bioresorbable and echogenic equipment to mark at-risk blood vessels for future assessments. By providing actionable data, Sonavex supports healthcare providers in monitoring and improving patient care, particularly in the context of post-operative complications.

Perceptive Navigation LLC is a pre-clinical stage medical device company based in Baltimore, Maryland, focused on developing interventional medical devices for image-guided surgery. Its flagship product, Vu-Path, is an innovative intracorporeal ultrasound device that combines forward-viewing ultrasound imaging with a working portal for the introduction of needles, biopsy instruments, guide wires, and therapeutic delivery. Designed to enhance the safety and efficacy of minimally invasive procedures across various medical specialties, including radiology, cardiology, interventional oncology, and urology, Vu-Path addresses critical limitations of existing imaging techniques, which can be costly, cumbersome, and risky. The device aims to provide accurate and precise access to internal structures, thereby reducing procedural times and enhancing overall patient care. By replacing traditional imaging methods like surface ultrasound, CT, X-Ray, and MRI, Vu-Path is positioned to streamline complex surgical operations while minimizing resource requirements. Perceptive Navigation was incorporated in 2012 and continues to advance its technology to meet the needs of the medical community.

Vasoptic Medical Inc. is engaged in the development and commercialization of medical devices aimed at the non-invasive assessment of blood flow and vascular status, particularly in the retina. The company's flagship product, the XyCAM Retinal Imager, allows for the visualization of retinal blood flow dynamics without requiring contrast agents or pupil dilation. This low-cost, portable imager provides healthcare professionals with quantitative tools to monitor the progression of various ophthalmic and systemic diseases. By making this technology accessible in primary care centers, healthcare facilities, pharmacies, and community clinics globally, Vasoptic Medical aims to enhance access to essential eye care for at-risk and underserved populations while reducing the costs associated with traditional eye examinations. Founded in 2012 and based in Baltimore, Maryland, the company is committed to improving patient outcomes through innovative healthcare solutions.

CoolTech Medical is a Baltimore-based company that specializes in transnasal cooling technology aimed at non-invasive fever control and neuroprotection. Founded in 2011, the company has developed the CoolStat device, which is compact, lightweight, and portable, allowing it to be easily transported throughout a hospital with the patient. This innovative device works by delivering filtered, room-temperature air through single-use tubing into the patient's nasal passages, creating an evaporative cooling effect that helps manage body temperature. The technology is particularly beneficial for patients experiencing cardiac arrest or head injuries, as it facilitates rapid cooling to improve outcomes.