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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[...]
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. intelli[...]
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.
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.
Zephyr AI taps new CEO
McLean-based health care tech startup Zephyr AI announced last week that it has appointed Allen Chao as its new CEO.
Activation Capital taps new CEO
Richmond tech incubator and accelerator Activation Capital announced Tuesday that it has appointed Michael Steele as president and CEO.
Luminoah wins Virginia Startup World Cup
Charlottesville-based medical technology company Luminoah won first place at the Virginia Startup World Cup.
Virginia aims to boost university startups
Virginia's Lab-to-Launch aims to double university startup spinoffs with a fast-track license and stronger private sector collaboration.
Manassas aviation startup lands $115 million round
Demand has taken off for Manassas-based aviation startup Electra.aero’s electric short takeoff and landing aircraft, the EL9 Ultra Short, with more than 2,200 preorders totaling more than $10 billion. Now, with $115 million raised in a Series B funding round that closed in April, the company plans to move from prototype to[...]
Tysons AI startup raises $10M in seed funding
Tysons startup pWin.ai, which developed an AI proposal writing tool, has raised $10 million in a seed funding round.
