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Growth skyrockets for Virginia govcon startups
Government contracting startups in NoVa are seeing increased investment and doing business with both the government and commercial sectors.
Virginia startups delay exits amid private funding flush
Virginia companies are raising more capital and delaying IPOs as the private investment market expands, reflecting a national trend.
HEARD AROUND VIRGINIA: June 2026
Massachusetts-based Agero, a provider of digital driver assistance services and software for major automotive and auto insurance brands, announced April 28 that it had completed its acquisition of Vienna-based roadside assistance tech company Urgent.ly. The acquisition ends a less-than-three-year run as a public company for Urgent.ly. Agero announced in March that it would acquire Urgent.ly [&hell[...]
Blackstone boosts stake in AI startup Anthropic to about $1B, source says
Blackstone is boosting its investment in Anthropic to about $1 billion, valuing the Claude chatbot maker at roughly $350 billion as investor appetite for leading generative AI companies remains strong.
HEARD AROUND VIRGINIA: February 2026
AxioSight, a spinout of Herndon government contractor BTI360, emerged from stealth in December 2025 with a technology that had already helped law firms win favorable rulings in court. The company is beginning to introduce its artificial intelligence platform to commercial customers after years of development for the U.S. intelligence community. In early trials with law […]
Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep […]
HEARD AROUND VIRGINIA: January 2026
Antithesis, a rapidly growing Vienna company, announced in December 2025 that it raised $100 million in a Series A round led by global investment firm Jane Street, one of its largest customers, bringing total funding to $177 million. Founded by former Apple engineers Will Wilson and Dave Scherer in 2018, the company will use the […]
AI boom fuels new push for humanoid robots, despite doubts
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering visions to build humanoid robots that can move their mechanical bodies like humans and do things [&hell[...]
Northern Virginia AI startups raise millions
This summer, investors poured money into Northern Virginia-based AI startups offering solutions for data centers, the military and bias in AI. In July, Emerald AI — incorporated in Washington, D.C., but with primary offices in Clarendon — launched with $24.5 million in seed funding, and Rosslyn-based Rune Technologies raised $24 million in a Series A […]
Reston growth equity firm closes $560M investment fund
Razor’s Edge, a Reston-based growth equity firm focused on the national security tech market, has closed a $560 million investment fund.
