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Arlington defense tech firm reaches unicorn status
Govini, an Arlington County defense tech contractor, has joined the unicorn ranks with a $1.25 billion valuation.
Reston fintech startup closes $400M financing round
Quantum Lending Solutions has closed a $400 million financing round, the Reston-based financial tech startup announced Tuesday.
Lexington tech firm aims to bridge last-mile broadband gap
Broadband access may become easier to attain for businesses as a Lexington-based company looks to wirelessly transmit data more reliably. Over the past 22 years, Attochron has been working towards improving what’s referred to in the industry as free-space optical communications (FSOC) — using lasers to send data through air instead of via fiber optic […]
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 […]
