The Maryland Department of Natural Resources reopened Hunting Creek Lake and surrounding portions of Cunningham Falls State Park in Thurmont on Monday after extensive monitoring found no evidence that additional beavers remain in the area.
Maman Joon is expanding again in Montgomery County, with owner Uzi Arshad planning to open a new location at 4007 Norbeck Road in Rockville. The space was the longtime home of Full On Craft Eats & Drink.
Four Montgomery County companies in the financial services, AI, biopharma, and clean tech industries raised just over $460 million across public offerings and private investment activity in June and July, signifying continued investor confidence in Montgomery County’s business ecosystem.
In June, Forbright, a Chevy Chase-based bank holding company with 545 employees, successfully completed its initial public offering on the Nasdaq. The D.C. region’s fastest-growing bank raised $142.2 million, valuing the company at approximately $950 million, marking not only a major milestone for the company but also for Montgomery County’s rapidly expanding financial services industry, which boasts companies spanning venture capital, private equity, financial technologies, and investment asset management.
Also in June, Bethesda-based Xometry announced a $225 million secondary public offering. Founded in Gaithersburg, the AI-powered manufacturing marketplace has become one of Montgomery County’s homegrown innovation economy success stories, connecting businesses with manufacturing capacity around the world through its intelligent digital platform. The additional capital will allow the company, which employs over 1,000 people, to continue expanding and investing in advanced manufacturing innovation.
Known as the anchor of the third-largest biopharma hub in the nation, it’s not surprising that life sciences companies in the County also continue to attract attention from investors. In July, 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 innovative financial institutions and AI leaders to biopharma and clean tech companies that are developing technologies that are shaping to future, Montgomery County continues to remain a place where companies can start and scale quickly.
When one thinks of bagels, I’d be willing to bet that the flavor profiles of Chinese and Dominican cuisine don’t come to mind. But tucked away in Vienna, VA is a small cafe called Bagel Street.
Café Sophie, the European-style café located at the Montgomery County Airpark in Gaithersburg, will be featured on an upcoming episode of WETA PBS’ Emmy Award-winning series “Signature Dish.” (more…)
You’re Invited to the Community Fall Dance! 🍁
Join us for a fun, free evening of music, dancing, and community under the stars!
The Maryland Department of Health has declared a measles outbreak in St. Mary’s, Carroll and Cecil counties following the confirmation of 14 new cases among unvaccinated residents.
Kareem’s Lebanese Kitchen is now officially open at Rio in Gaithersburg following a weeklong soft opening phase. Our very own “Mr. MoCo” Alex Tsironis stopped by on opening day and shared a first-look video, which can be seen below.
A Montgomery County jury has found a 23-year-old Kensington man guilty of second-degree depraved-heart murder in connection with the 2025 shooting death of his friend. (more…)
Back Nine Golf is coming to the Germantown Commons Shopping Center at 13052 Middlebrook Road in Germantown. (more…)
Maryland is entering the next phase of its transition to new fraud-resistant Electronic Benefits Transfer (EBT) cards, with hundreds of thousands of recipients still needing to activate their new cards before a September 30 deadline. (more…)
Montgomery County Police shared an overview of reported calls for service from Friday, August 21 through Sunday, August 23. The incidents listed below do not reflect all calls for service during the three-day period.
Maryland ranked as the 14th-hardest-working state in the country, according to a new report from personal-finance company WalletHub.