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757 Angels will partner with VentureSouth
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel investment networks in the United States. Effective in June, the partnership will provide more access to capital and investors to 757 Angels’ 140 members. Established in 2015 and based in Greenville, […]
StartVirginia: Jan. 2023 Heard around Virginia
Vienna-based Attune‘s indoor air quality sensor is the first North American-made indoor air quality sensor to receive environmental claim validation UL 2905, the company announced Dec. 6, 2022. The validation, from UL Solutions, evaluates sensors for accuracy by measuring multiple air quality parameters, including common pollutants such as total volatile organic compounds, formaldehyde, carb[...]
757 Angels to join VentureSouth network
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel network groups in the United States, the group announced Friday. The partnership, effective June 2023, will provide more access to capital and investors to 757 Angels’ 140 members. VentureSouth has about […]
Booz Allen Hamilton launches $100M VC fund
Booz Allen Hamilton Inc. has formed a $100 million corporate venture capital arm, the McLean-based Fortune 500 global management consultancy announced Wednesday. Named Booz Allen Ventures LLC, the arm will invest in early-stage companies and technologies across four categories: defense, artificial intelligence/machine learning, cybersecurity and deep technology. “We are proud and excited to cont[...]
Mark Esper joins Tysons venture capital firm
Mark Esper, who led the Pentagon from 2019 to 2020, has joined Tysons-based incubation and venture capital firm Red Cell Partners LLC as a partner and chair of its national security practice, according to a news release. Esper will lead Red Cell’s investment activities in cyber, defense, security, international affairs, space and aerospace and seek […]
Mac Curtis joins Blue Delta Capital Partners as venture fellow
Mac Curtis, the former chairman, president and CEO of Perspecta Inc., has joined McLean-based government services equity firm Blue Delta Capital Partners as a venture fellow. Herndon-based national security contractor Peraton Inc. acquired Chantilly-based federal IT contractor Perspecta in May for $7.1 billion. Curtis took Perspecta public in 2018 by merging his company, Vencore Inc., […]
Finance | Insurance
JOHN ASBURY PRESIDENT AND CEO, ATLANTIC UNION BANKSHARES, RICHMOND A native of Radford who graduated from Virginia Tech and received his MBA at William & Mary, Asbury now leads the largest regional bank headquartered in Virginia. Atlantic Union, which employs 1,839 people in Virginia, reported $677 million in revenue in 2020. It also has $19.6 […]
Eight over 80
What keeps a person working at an age when most of us are happy to let others take care of business? These overachieving Virginians, all over age 80, have remained hard at work mostly for one or more of three reasons. The first is being able to continue work with family. Retirement is rarely mandatory […]
Finance | Insurance
JOHN ASBURY PRESIDENT AND CEO, ATLANTIC UNION BANKSHARES, RICHMOND A Radford native, Asbury transitioned from a career with large financial institutions to help build a regional bank. After successful mergers in 2018 and 2019, Atlantic Union expanded its footprint in Northern Virginia, Maryland and North Carolina, making it the largest regional bank headquartered in Virginia. […]
Health accelerator program coming to Richmond
Richmond-based seed-stage accelerator Lighthouse Labs is partnering with the Health Innovation Consortium (HIC) to start a health-focused startup accelerator program in Virginia, the groups announced Thursday. Virginia Commonwealth University, VCU Health and Richmond-based nonprofit Activation Capital created HIC, which launched in January 2019 to bring health care ideas to the market. “Health[...]
Alexandria venture capital firm secures $350M in funding
Alexandria-based boutique venture capital firm QED Investors secured $350 million in funding for fintech companies in North America, South America and the United Kingdom, the company announced Wednesday, making it the sixth round of funding in the firm’s 12-year history. QED was co-founded in 2007 by Frank Rotman and Capital One Financial Corp. co-founder Nigel […]
