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Recent Articles from Courteney Stuart
VCU startup grabs military attention, funding
A discovery by a Virginia Commonwealth University research scientist that could revolutionize the treatment of massive blood loss injuries is receiving major support from the military. In August, the U.S. Air Force awarded a $1.8 million grant to Perfusion Medical, a company co-founded by Martin J. Mangino with support from the VCU TechTransfer and Ventures […]
Defense tech startups close major funding rounds
Venture capital firms are betting big on two Northern Virginia-based defense contracting startups that are promising high-tech solutions to military challenges. In August, McLean-based Defcon AI announced it had raised $44 million in seed funding led by San Francisco investment firm Bessemer Venture Partners. The same month, Parry Labs in Alexandria raised $80 million in […]
The rate stuff
Three Charlottesville residents allege Sentara inflated local insurance rates to maximize profits. The health system says it’s being unfairly targeted and was just being a good corporate citizen, stepping up to prevent vulnerable Virginians from losing health care coverage. After three years, a federal civil investigation has yet to determine who’s right. […]
