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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 announces new CFO
Electra.aero, a Manassas-based aviation startup, announced Tuesday that Max Ochoa has joined the company as chief financial officer.
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[...]
UR students launch food startup — for school credit and profit
Lindsay Batten never thought she’d become a CEO before leaving college, but the University of Richmond senior is beginning her final semester as head of a brand-new startup. The company — which will produce a newly conceived pesto Caesar salad dressing called Envee — is the result of a marketing class focused on entrep[...]
Tiny Cargo gets big local support
In a bid to keep the startup local, the Roanoke Regional Partnership found a 10,800-square-foot warehouse to renovate and looped in Roanoke Valley Development Corp. and Greater Roanoke Valley Development Foundation, which jointly purchased the building and offered Tiny Cargo favorable leasing terms. “If a place has the real es[...]
