October 18 - 31

HealthWarrior acquired by PepsiCo!

Bryan Bostic named CEO of RVA startup Visual Workforce

The awesome RVA ecosystem was featured in an article on Inc.com

Trolley Ventures invests in startup company that helps digitize the archives of Bob Dylan, Billy Joel and others
Trolley Ventures, an investment fund created in 2017 to back promising, early-stage business ventures in central Virginia, has made its third investment.  Trolley announced Monday it had invested in Digital ReLab, a company specializing in digital asset management software.

How a Richmond IT Company is Crowdsourcing a Global Freelancer Network
For fast-growing Richmond IT company Covintus, programming skill has no geographical limits.  Covintus provides enterprises with IT professionals and projects at a fraction of the cost of a full-time employee. To do so, it has a network of top-class engineering talent at the ready across the globe.

Startup Spotlight: Goochland woman makes gourmet cookies from spelt flour to avoid food allergies
One of the gourmet cookies that Nancy Kavalieratos makes has three kinds of chocolate — melted organic chocolate, chocolate chips and creme de cacao, a chocolate liqueur.

VCU Launches 'Innovation Challenges' to Solve Education, Energy and Health
Virginia Commonwealth University has launched its inaugural Innovation Challenges competition to solve problems facing education, energy and health. The monthlong competition offers teams of VCU students a chance at $10,000 in prizes and services.

For startups, a great team is just as important as a great idea, says partner in Google Ventures
As a partner in the venture capital arm of search engine Google’s parent company, Rick Klau often meets people who say they have a great idea for a startup company.

Virginia Community Capital and Kansas nonprofit to help startups
Virginia Community Capital and a Kansas nonprofit have teamed up to help startups.  NetWork Kansas has acquired the assets and intellectual property from the Center for Rural Entrepreneurship, a nonprofit organization based in Lincoln, Neb., that was acquired by Richmond-based Virginia Community Capital in 2017.

Business mentoring group SCORE assisted more entrepreneurs in most recent fiscal year
The number of local entrepreneurs who have turned to SCORE for business mentoring continues to grow.

Startup Spotlight: Brandefy wants to save consumers $2 billion by 2022 with product comparison app
The partners in the startup company Brandefy — Meg Greenhalgh, Carolyn Kochard and James Graham — have been doing a lot of shopping lately, with the goal of saving other shoppers lots of money.

Richmond-based private equity firm invests in medical firm
Richmond-based private equity fund Blue Heron Capital has participated in a $23 million debt and equity financing round for a company that makes technology for the treatment of throat diseases and chronic obstructive pulmonary disease.

Learning Curve: Meet the Startups Boosting Richmond's Fast-Growing EdTech Industry
Maybe it’s the high-rated public school system. Maybe it’s the great universities. Maybe it’s the water. Whatever it is, something in Richmond’s soil is perfect for growing edtech startups.