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SEC, Hampton managing partner of BFM Fund settle charges
The Securities and Exchange Commission settled charges in early October against a Hampton-based managing partner of The BFM Fund and a limited liability company for allegedly breaching their fiduciary duties and misleading investors. Himalaya Rao-Potlapally of Hampton is a managing partner of Portland, Oregon-based BFM Fund, a seed-stage private venture capital fund focused on founders […]
County grants boost early-stage entrepreneurs
As an early-stage startup founder, Ray Magee grew accustomed to hearing ‘no.’ In the eight years since he founded Centreville-based BloomCatch, a plant recognition app, Magee reckons he’s applied for seven or eight grants. So, when BloomCatch landed a $50,000 grant from Fairfax County in November 2023, he admits to some initial disbelief. “I thought, […]
StartVirginia: Heard Around Virginia September 2024
Blue Delta Capital Partners, a Tysons-based venture capital firm, is preparing to make more equity investments in regional growth-stage tech firms serving the federal government following the close of a $250 million fund. The firm plans to offer noncontrolling ownership investments of between $15 million and $50 million from its Blue Delta Capital Fund IV. […]
