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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 [...]
StartVirginia: Heard Around Virginia August 2024
Blacksburg is moving forward with the renovation of a former dry-cleaning business into a retail business incubator. Slated to open by the end of 2025, the Blacksburg Retail Incubator is planned at 414 N. Main St., a 5,000-square-foot building owned by the town. After the building has been improved, Downtown Blacksburg Inc. will locate there […]
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-[...]
VIPC partners with VC funds to invest $100 million in 100 startups
The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced May 20 by Gov. Glenn Youngkin and named Virginia Invests, VIPC will commit $40 million to the seven funds using previously awarded funding from[...]
A smaller slice of the pie
In health care, there’s a moment when mistakes are more likely to occur: shift changes. As rigorously as medical staff may document patient histories, these “handoffs” can present a weak link in care. According to The Joint Commission, a health care quality assessment organization, miscommunication contributes to two-third[...]
The elevator pitch
Virginia’s startup scene is rich with new businesses as diverse as the regions of the commonwealth. Virginia Business asked startups to send us their best pitches for what makes their businesses innovative, and we’ve spotlighted some of our favorites. AGRICISION Sedley Co-founders: Diana and Ken Warren Founded: 2019 Capital [...]
Commentary: Va. ecosystem supports growth
It has been almost four years since I began leading economic development and innovation efforts at George Mason University, and what a whirlwind! This is an exciting time to be in Virginia, and getting to do this job every day feels like winning the lottery. It all started with the Amazon.com HQ2 win in 2018, […]
Building support
Gov. Glenn Youngkin made headlines last December when he announced a $90 million-plus pitch to launch “Virginia’s Research Triangle.” Initially envisioned as a cooperative initiative among Virginia Commonwealth University, Virginia Tech and the University of Virginia, the triangle was expanded into more of a rhombus follow[...]
From seed to success
On an early morning in summer 2021, a small group of engineers and drone operators gathered at Lake Elsinore in California to see if their machines would fly as designed. With newly incorporated sensor technology, it was the first time the founders of Leesburg-based Flying Ship Co. attempted to fly one of their autonomous vehicl[...]
Ecosystem insights
Leaders from across Virginia’s entrepreneurial ecosystem discuss investing in new companies, challenges facing startups and advice for success. RASHEEDA CREIGHTON EXECUTIVE DIRECTOR, JACKSON WARD COLLECTIVE FOUNDATION, RICHMOND WHAT LED TO YOU CO-FOUNDING JACKSON WARD COLLECTIVE FOUNDATION? JWC Foundation’s mission is to learn, grow and own in the Black community. The organization began when Kelli Lemon […][...]
McLean AI health care startup raises $111 million
A McLean-based health care tech startup wants to provide more targeted medical treatments for people with cancer, heart disease and other common diseases. Zephyr AI, founded in 2020, is a precision medicine company on a mission to democratize personalized medicine and is doing it by developing artificial intelligence-powered alg[...]
