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UR students launch food startup — for school credit and profit
Lindsay Batten never thought she’d become a CEO before leaving college, but the University of Richmond senior is beginning her final semester as head of a brand-new startup. The company — which will produce a newly conceived pesto Caesar salad dressing called Envee — is the result of a marketing class focused on entrepreneurship, Bench […]
StartVirginia: Heard Around Virginia – February 2025 edition
Crystal City venture capital firm America’s Frontier Fund is among the nation’s first VC firms to secure approval for up to $175 million in matching capital under the Small Business Investment Company Critical Technology Initiative, a federal program aimed at boosting investment in tech areas vital to national security. This funding for 2-year-old AFF, whose […]
STARTVIRGINIA: HEARD AROUND VIRGINIA
The second CvilleBioHub Device & Tech Expo will take place Jan. 30 at Northfork Research Park in Charlottesville. Registration is open, and participating companies include Luna Labs, Inbio, Cutagenesis, BrightSpec and others. Tickets are available at cvillebiohub.org. (News release) Joining a number of other Northern Virginia startups in the growing drone space, D-Fend Solutions, a […]
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 […]
Heard Around Virginia: December 2024
Fixify, an Arlington County-based AI-powered IT help desk solution provider founded in 2023, announced Oct. 23 that it has closed on a $25 million Series A funding round co-led by Costanoa Ventures, Decibel Partners and Paladin Capital Group with participation from Scale Venture Partners. The funds will be used to scale its workforce and accelerate […]
Boones Mill store plays Trump card
The red, white and blue Trump Town sign hanging high upon a former Boones Mill church is as prominent as a sign can be without being lit by neon. But in case drivers passing through town somehow miss it, there’s also a 15-foot cutout of a smiling Donald J. Trump leaning up against the building, […]
Virginia ranks No. 8 in U.S. for VC investment
Virginia was ranked No. 8 in the nation for venture capital investment in 2023, marking the state’s highest rating so far and its first time back in the top 10 in the past 15 years, according to an announcement Thursday by Virginia Innovation Partnership Corp. (VIPC). Earlier this month, VIPC hosted an event at Amazon.com’s […]
Summit for entrepreneurs planned for Danville
Two South Boston-based economic development organizations will host a summit for entrepreneurs and business leaders Oct. 19 at the Institute for Advanced Learning and Research in Danville. Launched by the SOVA Innovation Hub, a nonprofit working to drive economic transformation with digital skills and entrepreneurship, and RISE Collaborative, a regional initiative driven by a mission […]
Electra.aero names new CEO
Electra.aero has named B. Marc Allen its new CEO, succeeding founder John S. Langford, who will remain chairman, the Manassas-based aviation startup announced Thursday. Allen spent the bulk of his career, nearly two decades, at Boeing, which is headquartered in Arlington County. Since 2020, he served as chief strategy officer and senior vice president for […]
265 Va. companies make 2024 Inc. 5000 list
This year, 265 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, released Tuesday by Inc. magazine. Ranking at No. 53 overall, Ashburn IT services firm Blu Omega, a woman-owned small business founded in 2020, was the highest-ranking Virginia company on the list. Blu Omega’s clients include federal agencies […]
Youngkin: Va. spawned 10,000+ startups in 2022-23
More than 10,000 high-growth and high-wage startup companies were created in Virginia during 2022 and 2023, according to research conducted by Richmond‘s Chmura Economics & Analytics for the Virginia Innovation Partnership Corp. On Thursday, Gov. Glenn Youngkin announced this achievement at an event at Zebox America, an Arlington County-based startup accelerator and innovation hub run [...]
Fairfax tech firm Antithesis exits stealth mode with $47M
It‘s appropriate that Vienna software startup Antithesis is housed in the former headquarters of Ringling Bros. and Barnum & Bailey Circus’ parent company. After all, Antithesis emerged from stealth mode in February to announce it had raised a Jumbo-sized $47 million in seed funding. Founded in 2018, Antithesis is an AI-powered cloud platform for autonomously […]
