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New Waynesboro program boosts budding entrepreneurs
Grow Waynesboro program in Virginia awarded $25,000 to Shenandoah Bouldering and supports new businesses in the Rockfish Gateway corridor.
HEARD AROUND VIRGINIA: June 2026
Massachusetts-based Agero, a provider of digital driver assistance services and software for major automotive and auto insurance brands, announced April 28 that it had completed its acquisition of Vienna-based roadside assistance tech company Urgent.ly. The acquisition ends a less-than-three-year run as a public company for Urgent.ly. Agero announced in March that it would acquire Urgent.ly [&hell[...]
Innovation district takes off in NoVa
National IQ innovation district in Arlington County advances with founding partners Amazon, Northrop Grumman, and JBG Smith driving tech and national security initiatives.
HEARD AROUND VIRGINIA: April 2026
Virginia startups including Emerald AI, Forterra, and GenLogs raised over $180 million in funding in 2026 to expand operations and innovate in AI, cybersecurity, and manufacturing.
Virginia universities help entrepreneurs get started
Virginia universities like George Mason and Virginia Tech offer accelerators, grants, and resources to support local entrepreneurs and startups statewide.
Startup Virginia plans program, Henrico expansions
Richmond-based high-growth business incubator Startup Virginia (SVA) has been helping regional founders start and grow their companies since 2016. Now, the nonprofit is expanding in multiple ways to help even more founders. This growth is enabled by a $1.47 million grant from GO Virginia and a $3.75 million renovation investment from the Henrico Economic Development […]
HEARD AROUND VIRGINIA: February 2026
AxioSight, a spinout of Herndon government contractor BTI360, emerged from stealth in December 2025 with a technology that had already helped law firms win favorable rulings in court. The company is beginning to introduce its artificial intelligence platform to commercial customers after years of development for the U.S. intelligence community. In early trials with law […]
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 […]
