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Virginia incubators and accelerators
Editor’s note: Lighthouse Labs rebranded as Lighthouse Network in mid-May, after this issue’s press deadline.
Commentary: Startups are winning in Virginia
Commentary from Virginia Innovation Partnership Corp. President and CEO Joe Benevento on how startups are succeeding in Virginia
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 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. P[...]
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 re[...]
StartVA: Va. tech startups lead in fundraising
Before his company opened its Series B funding round last year, Elad Schaffer, co-founder and CEO of Faye, heard from a large venture capital fund. Could he meet with them the next day in San Francisco? It was a 14-hour flight for Schaffer, who lives in Tel Aviv, Israel, but splits his time between there […]
