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Commentary: Startups are winning in Virginia
Commentary from Virginia Innovation Partnership Corp. President and CEO Joe Benevento on how startups are succeeding in Virginia
Lighthouse Labs rebrands to Lighthouse Network
Richmond Accelerator Lighthouse Labs last week announced that it is expanding its services and rebranding itself as Lighthouse Network.
New Arlington hub to boost defense, energy startups
Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting them to talent, capital, and federal customers.
Electra announces new CFO
Electra.aero, a Manassas-based aviation startup, announced Tuesday that Max Ochoa has joined the company as chief financial officer.
In the Lead: Best Women-Owned Businesses
Meet 28 successful women-owned Virginia businesses, from tech startups to manufacturers, honored for leadership, resilience, and innovation.
Electra raises $115M to build ultra-short aircraft
Manassas-based aviation startup Electra.aero announced Monday it has secured $115 million in Series B funding to enter pre-production and certification phase of its EL9 model, a hybrid ultra-short aircraft that can take off and land in 150 feet. The round was led by Prysm Capital, a New Jersey-headquartered growth equity firm. Prysm’s co-founder and managing […]
Virginia 500 spotlight : JOE BENEVENTO
WHAT I WAS LIKE IN HIGH SCHOOL: I was fairly social and outgoing, but I also captained the chess team and competed in the state championship. HOW I BALANCE MY WORK AND PERSONAL LIVES: Since starting out in my career 20 years ago at Goldman Sachs, work has never really been a [9 to 5] job […]
STARTVIRGINIA April 2025 news roundup
Antithesis Operations, a Vienna software testing startup whose tools find bugs in computer programming code, announced in mid-February it had raised $30 million in new funding. The company aims to double its workforce and continue its expansion into new markets. Repeat investor Amplify Partners, a California-based venture capital firm, led the funding round, and San […]
Biotech accelerator launches in Charlottesville
At the beginning of April, the Charlottesville area will enter a new phase in its journey to become a hub for biotech innovation with the launch of the Commonwealth Bio Accelerator. The program will help early-stage biotech companies from the University of Virginia and others in the surrounding region and beyond move from the research […]
Convicted of bilking investors, Nikola founder and Trump donor gets a presidential pardon
Trevor Milton, the founder of electric vehicle startup Nikola who was sentenced to prison last year for fraud, was pardoned by President Donald Trump, the White House confirmed Friday. The pardon of Milton, who was sentenced to four years in prison for exaggerating the potential of his technology, could wipe out hundreds of millions of […]
Founders of Black-owned brands adapt their hopes and business plans for a post-DEI era
NEW YORK (AP) — The co-founders of a company that makes lip products for darker skin tones no longer hope to get their line into Target. A brother and sister who make jigsaw puzzles celebrating Black subjects wonder if they need to offer “neutral” images like landscapes to keep growing. Pound Cake and Puzzles of Color […]
