Maryland Momentum Fund

07/25/2024 | Press release | Archived content

Maryland clean-tech startup eyes major expansion after raising $3M

Beltsville clean tech materials startup HighT-Tech Inc. is charting an ambitious growth plan after closing a $3 million funding round.

Earlier this month, HighT-Tech leased 10,000 square feet at Indian Creek Technology Park, which will serve as the home for further research and development efforts as well as early commercialization work. The startup previously occupied incubator space at the University of Maryland, College Park.

But within two years, HighT-Tech aims to begin construction on an even larger facility for the manufacturing of various types of materials for the chemical, heavy industrial and specialty products markets.

Read the full story from the Baltimore Business Journal.

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