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Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep […]
HEARD AROUND VIRGINIA: January 2026
Antithesis, a rapidly growing Vienna company, announced in December 2025 that it raised $100 million in a Series A round led by global investment firm Jane Street, one of its largest customers, bringing total funding to $177 million. Founded by former Apple engineers Will Wilson and Dave Scherer in 2018, the company will use the […]
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
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.
HEARD AROUND VIRGINIA: December 2025
McLean government tech contractor BigBear.ai announced in early November it has entered into a definitive agreement to acquire Warren County startup Ask Sage for $250 million. Ask Sage is a fast-growing, secure generative artificial intelligence platform tailored for defense and national security. BigBear.ai expects the acquisition to close in the late fourth quarter of 2025 […]
Northern Virginia AI startups raise millions
This summer, investors poured money into Northern Virginia-based AI startups offering solutions for data centers, the military and bias in AI. In July, Emerald AI — incorporated in Washington, D.C., but with primary offices in Clarendon — launched with $24.5 million in seed funding, and Rosslyn-based Rune Technologies raised $24 million in a Series A […]
U.Va. Wise helps founders build community, confidence
U.Va. Wise is fueling Southwest Virginia’s startup scene through its Hatch Accelerator and CO.STARTERS programs for local founders.
Electra expands Manassas headquarters
Manassas-based aviation startup Electra.aero on Tuesday announced it was expanding its headquarters in Virginia.
Arlington drone software firm raises $130M in Series B funding
Auterion, an Arlington-based provider of drone software, announced it has raised $130 million in a Series B funding round.
Hampton Roads health care accelerator launches
A new health care accelerator supporting 24 small and growing health care-related businesses in the Hampton Roads area wraps up its 12-week program in August. Developed by nonprofit coworking space Bloom as a program of the Portsmouth Partnership, the Bloom Healthcare Accelerator is helping local entrepreneurs build relationships, scale their operations and navigate the unique […]
StartVirginia: Heard Around Virginia August 2025
AgroSpheres, a Charlottesville biotech company developing nontoxic crop-protection products, announced in late June it was launching commercial sales of Fun-Thyme, a biofungicide derived from thyme oil. The company is partnering with Denver-based agricultural products marketer and distributor Wilbur-Ellis to introduce the product to U.S. farms. Fun-Thyme is billed as a highly effective alternative[...]
Nvidia-backed AI startup to curb hungry data centers’ appetite for power
Startup Emerald AI plans to use software that will help AI data centers adjust their energy consumption, avoiding strain on the grid.
