tedcolazCOLUMBIA, Md. (April 1, 2024) – TEDCO, Maryland’s economic engine for technology companies, announced a recent $50,000 Pre-Seed Builder Fund investment in LASARRUS, a medical device company dedicating to supporting Chronic Obstructive Pulmonary Disease (COPD) patients. TEDCO’s Pre-Seed Builder Fund is housed under TEDCO’s Social Impact Funds which were created to engage and invest in economically underserved founders and communities.

“With our innovative device, we are looking to bring current monitoring practices for COPD patients to a new level,” said Lloyd Emokpae, co-founder, CEO and chief technology officer of LASARRUS. “Thanks to TEDCO’s investment we can accelerate our mission to enhance care for COPD patients and ultimately support more COPD patients across Maryland and beyond.”

LASARRUS, based in Baltimore, Md., is a company dedicated to advancing device-enabled solutions for remote monitoring of COPD patients. This mission led the company to develop WearME. This innovative wearable integrates a digital stethoscope, motion tracker, and optional ECG and temperature sensors, uniquely focused on precise lung function monitoring to address the critical needs of COPD patients with unparalleled accuracy and convenience.

“LASARRUS is working to support patients and physicians throughout Maryland and beyond,” said Jean-Luc Park, senior director of TEDCO’s Social Impact Funds. “With this innovative thinking, they are great candidates for a TEDCO investment, and embody the program of the social impact funds.”

LASARRUS has been a part of the TEDCO portfolio since 2022, when the company received its first Pre-Seed Builder Fund investment of $100,000 to support the research and development of the patented WearME device.

Funded companies are provided with resources like hands-on executive support, peer-to-peer mentoring and collaboration, and networking opportunities. For information about TEDCO’s Builder Fund, visit https://www.tedcomd.com/funding/builder-fund.
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.


Media Contact
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