A

Abell Foundation Inc

10 employees

The Abell Foundation was inaugurated over a half a century ago, Chairman Harry C. Black and the founding board members set an agenda that

Investor insights

Sectors invested in

Medical10
Health Care10
Biotechnology10
Medical Device5
Robotics5
Information Technology4
Medical Devices4
Software3
Robotic Rehabilitation2
Search Engine2
Web Design2
SaaS2
Nanotechnology2
Advanced Materials2
Lighting2
Emergency Medicine2
Online Portals2
Clinical Trials2
Rehabilitation2
Artificial Intelligence2

Funding rounds participated in

$1.5M sweet spot round size

Most of their 30 investments are in rounds between $500K and $4M

Investor type

Venture Capital

Basic info

Industry

philanthropic fundraising services

Sectors

Workforce Development
Community Development
Publications
Addiction
Education
Health and Human Services
Environment
Direct Investments
Grants
Criminal Justice
Arts

Date founded

1953

Investments made

U

Undisclosed raised undisclosed on January 25, 2023

Investors: Claritas Capital, Maryland Momentum Fund and Abell Foundation Inc

W

Wave Engine Corporation raised $3.5M on November 18, 2022

Investors: Gula Tech Adventures, Asymmetry Ventures and Abell Foundation Inc

U

Undisclosed raised undisclosed on August 24, 2021

Investors: Abell Foundation Inc

R

ReGelTec, Inc raised $4M on October 14, 2020

Investors: Abell Foundation Inc

S

Spine Align, LLC raised $1.8M on September 14, 2020

Investors: Pasadena Angels, Rockies Venture Club, Berkeley Angel Network, NO/LA Angel Network, VentureWell and Abell Foundation Inc

N

NextStep Robotics raised $500K on August 4, 2020

Investors: Maryland Momentum Fund and Abell Foundation Inc

B

BurnAlong raised $4M on May 6, 2020

Investors: CR2 Ventures, Brown Advisory and Abell Foundation Inc

L

LifeSprout, Inc. raised $29M on April 27, 2020

Investors: Nexus Capital Management, Camden Partners, Redmile Group, TALT Capital, Emerald Development Managers and Abell Foundation Inc

J

Jetpack raised $950K on August 1, 2019

Investors: Precursor Ventures, Dorm Room Fund, NewDo Venture and Abell Foundation Inc

N

NextStep Robotics raised $600K on May 14, 2019

Investors: University of Maryland Ventures and Abell Foundation Inc

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