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Chesterfield County has landed a $13 million state grant to build out its long-planned Upper Magnolia Green site, which ...
08/12/2024

Chesterfield County has landed a $13 million state grant to build out its long-planned Upper Magnolia Green site, which is to include a technology park.

Evan Byrne has sold Hop Craft Pizza and Beer in the Fan to focus on his vegan pizza business, Udderless Foods.
08/11/2024

Evan Byrne has sold Hop Craft Pizza and Beer in the Fan to focus on his vegan pizza business, Udderless Foods.

The startup-serving company has moved out of 1717 Innovation Center.
08/09/2024

The startup-serving company has moved out of 1717 Innovation Center.

Richmond pharmaceutical company Phlow is setting out to raise $25 million in new funding, according to a recent Securiti...
08/08/2024

Richmond pharmaceutical company Phlow is setting out to raise $25 million in new funding, according to a recent Securities and Exchange Commission filing.

Glen Allen’s The TriMech Group, which offers engineering services like 3D design and rapid prototyping, has acquired a p...
08/08/2024

Glen Allen’s The TriMech Group, which offers engineering services like 3D design and rapid prototyping, has acquired a product development company.

Corgibytes, an Ashland-based custom software maker, has been absorbed by C Infinity Solutions.
08/08/2024

Corgibytes, an Ashland-based custom software maker, has been absorbed by C Infinity Solutions.

757 Accelerate has announced a nine-startup cohort for its program, including companies specializing in customer service...
08/08/2024

757 Accelerate has announced a nine-startup cohort for its program, including companies specializing in customer service software and military transport.

Milwaukee logistics and business management software company Renaissant Inc. recently raised $5 million in a Series A fu...
08/07/2024

Milwaukee logistics and business management software company Renaissant Inc. recently raised $5 million in a Series A funding round that included participation from a Richmond fund.

Iron Path Capital, a private equity firm with dual headquarters in Charlottesville and Nashville, Tennessee, has closed ...
08/01/2024

Iron Path Capital, a private equity firm with dual headquarters in Charlottesville and Nashville, Tennessee, has closed its first institutional fund.

Avesi Partners LLC, a private equity firm with an anchor in Richmond, has closed a new fund totaling $1.35 billion.
08/01/2024

Avesi Partners LLC, a private equity firm with an anchor in Richmond, has closed a new fund totaling $1.35 billion.

Ashland’s Dominion Energy Innovation Center has unveiled the 15 companies participating in three different tracks of its...
07/31/2024

Ashland’s Dominion Energy Innovation Center has unveiled the 15 companies participating in three different tracks of its expanded accelerator program for 2024.

Richmond travel insurance startup Faye has closed a $31 million Series B round that will be used toward hiring and scali...
07/30/2024

Richmond travel insurance startup Faye has closed a $31 million Series B round that will be used toward hiring and scaling the company.

Chandra Briggman is exiting her role as president and CEO of Richmond’s Activation Capital after a little more than four...
07/30/2024

Chandra Briggman is exiting her role as president and CEO of Richmond’s Activation Capital after a little more than four years on the job.

North Chesterfield pharma company Indivior reached an $86 million settlement with Virginia and 15 other states for its a...
07/27/2024

North Chesterfield pharma company Indivior reached an $86 million settlement with Virginia and 15 other states for its alleged involvement in driving the spread of opioid addiction.

CAV Angels, an investment syndicate composed of University of Virginia alumni, students and friends, recently closed thr...
07/25/2024

CAV Angels, an investment syndicate composed of University of Virginia alumni, students and friends, recently closed three funding deals to push its lifetime investments close to $26 million.

Robert Ward, a former adviser to Virginia Gov. Glenn Youngkin, has been appointed interim director of Activation Capital...
07/24/2024

Robert Ward, a former adviser to Virginia Gov. Glenn Youngkin, has been appointed interim director of Activation Capital.

The Department of Commerce has announced $504 million in grants as part of its Tech Hubs program, but the Richmond regio...
07/24/2024

The Department of Commerce has announced $504 million in grants as part of its Tech Hubs program, but the Richmond region’s advanced pharmaceutical manufacturing hub didn’t make the cut.

Seven Virginia-based startups have been invited to participate in the fall cohort of the Lighthouse Labs accelerator pro...
07/23/2024

Seven Virginia-based startups have been invited to participate in the fall cohort of the Lighthouse Labs accelerator program in Richmond.

Richmond supply chain software companies Tactiq and GlobalWorx are merging.
07/20/2024

Richmond supply chain software companies Tactiq and GlobalWorx are merging.

Firefly Aerospace Inc., a Cedar Park, Texas rocket company, is expanding to Virginia while nearing its next big countdow...
07/18/2024

Firefly Aerospace Inc., a Cedar Park, Texas rocket company, is expanding to Virginia while nearing its next big countdown.

Richmond’s JF Fitness of North America, a Crunch fitness franchisee, is getting an injection from private equity.
07/17/2024

Richmond’s JF Fitness of North America, a Crunch fitness franchisee, is getting an injection from private equity.

Glen Allen specialty insurance company Markel Group has reached a deal to acquire a majority stake in a Florida company.
07/17/2024

Glen Allen specialty insurance company Markel Group has reached a deal to acquire a majority stake in a Florida company.

CAV Angels, an investment syndicate composed of University of Virginia alumni, students and friends, has surpassed $25 m...
07/03/2024

CAV Angels, an investment syndicate composed of University of Virginia alumni, students and friends, has surpassed $25 million in startup investments since its founding in 2015.

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Richmond Inno is a brand new digital media, events and data company committed to covering, connecting and catalyzing local startups and technology.

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