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Two Maryland Startups Land $300,000 in InvestMaryland Funding

The Maryland Department of Business and Economic Development (DBED) on Thursday announced investments in a pair of state technology startups -- Plasmonix and Bambeco -- through its InvestMaryland program. The $300,000 in investments are among the first made by the newly launched venture capital program, which backed its first company in September. Bambeco, an online retailer of sustainable products, will receive $200,000 after also landing $400,000 in InvestMaryland funding last month.

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