February 21 - March 6

Wine & Beer Supply completed a nearly $2.4M raise!

TraceRx won Dominion Energy Innovation Center Pitch Competition

Startup Spotlight: Fringe has built an online marketplace for employers to provide 'a Christmas morning' of benefits
Health coverage, life insurance and a retirement plan are all important parts of the benefit packages that people have come to expect from their employers.  When it comes to attracting and retaining talented employees, though, fringe benefits also can make a big difference.

Twenty-two budding entrepreneurs recognized for completing RVA Works program
Twenty-two budding entrepreneurs graduated Thursday from RVA Works, a Richmond-based nonprofit that provides a training program for people interested in starting their own business.

WayForth Adds a Richmond Moving Company to its Acquisition Spree
Locally based estate management startup WayForth is continuing its growth spurt with yet another acquisition, scooping up 15-year-old Richmond firm Door to Door Solutions.

TraceRx Closes in on New Funding Round to Put Supply Chain Tech on Blockchain
Winning contests is just a small part of big plans coming out of TraceRx, but the Richmond startup is beginning to make a habit of it.  The supply chain software company was awarded $10,000 as the winner of last week’s Dominion Energy Innovation Center pitch competition, hosted by Randolph-Macon College. It follows TraceRx’s first place, $5,000 award in June from the annual SCOREcard pitch competition.

February 7 - 20

Hatch Kitchen RVA is open!

TemperPack inks deal with major retailer

The DownRiver Entrepreneurship Summit Sets a Date for April
Following the success of their UpRiver entrepreneurship summit in November, Activation Capital and Venture Forum RVA are teaming up for the next event: DownRiver.

Area startup powering guitar pedalboard prototype
After hashing out the idea aboard one of their boats, a couple of local guitar enthusiasts are looking to make waves of another sort – soundwaves included – with their musician-minded invention.

Startup Spotlight: VCU grads developing device to help improve the accuracy of epidural placements
A team of Virginia Commonwealth University biomedical engineering and mechanical engineering students and graduates are developing a device to help anesthesiologists and nurse anesthetists improve the accuracy of epidural placements.

Three startups to vie for a $10,000 prize in business pitch competition
Three startups have been named finalists in a business pitch competition in which one of them will get a $10,000 prize.

Startup Spotlight: 'All about heart' for entrepreneurial nurse Debbie Johnston
Deborah J. “Debbie” Johnston, a Richmond-area entrepreneur, business owner and philanthropist, puts her stamp of a grateful heart on nearly everything she touches.

Two Richmond-based startups participating in national accelerator programs, including one at the highly regarded Y-Combinator
Entrepreneurs from two Richmond startups are temporarily working in other cities while they partake in two different national accelerator programs.

Day-long summit planned in April for founders and entrepreneurs
After holding a two-day summit in late November for startup founders, entrepreneurs and small business owner, organizers of that event now are holding a sequel in April.  DownRiver - The Virginia Venture Summit is slated for April 24.

January 24 - February 6

VCU Launches three-year, $7M initiative to support the development of new innovations in health care 

Startup Spotlight: Tympanogen is developing hydrogels for eardrum repair and wound healing
A package that recently arrived at the startup company Tympanogen contained a precious cargo that had traveled a long, long distance. Inside were samples of the company’s polymer hydrogels, which had traveled from Earth to space and back again.

804RVA founder and WorkLabs owner create new workspace branded as 'Work & Friends'
The founder of the shared office space 804RVA and the owner of branding agency Work Labs have joined to create a new coworking brand that they are promoting as "more than a work space."

Startup Spotlight: VCU professor creates a barricade device to stymie mass school shooters
Most of the time, inventors and entrepreneurs want to come up with innovative products that people will need to use a lot. That’s not so for the DropLock, a product that Scott Witthaus hopes will be used to secure school classrooms from attackers.

Coworking company moves, will share space with ad agency
One of Richmond’s original coworking spaces has teamed with a local ad industry veteran for a rebrand and expansion.  804RVA is changing its name to Work & Friends and moving its main coworking venue down the block to 1623 W. Broad St., where it will share space with Cabell Harris’ Work Labs ad agency.

Richmond-area woman starts business selling color-coordinated women's workout clothes 
When Tabitha Dowtin became serious about working out four years ago, she shopped around for cute and fashionable workout clothes. “I would have to go to two or three stores to put (outfits) together,” Dowtin said. “The workout gear sometimes motivates people to work out who wouldn’t normally work out.”

Richmond-based startup Merlinio Technologies has raised a total of $663,000 in debt financing 
A Richmond-based startup company that offers online insurance quotes has raised $663,000 in financing.

January 10 - 23

Startup Spotlight: Local broadcaster creates side gig with adjustable leg wrap invention to carry microphone equipment
Necessity is the mother of invention. Sometimes comfort is, too.  Reba Hollingsworth says it was “some of both” that inspired her to create a product she calls the AHA Wrap, which has become a side business for her when she’s not busy with her full-time job as a television broadcaster.

Business accelerator Lighthouse Labs taking applications for summer cohort focusing on Virginia university grads
The Richmond-based business accelerator Lighthouse Labs is accepting applications for its summer 2019 cohort, which will focus on startups founded by recent graduates of colleges and universities in Virginia.

Richmond Startup Kinis Makes Great Strides in Barefoot Training
Vincent Vu knows that every race is won by simply putting one foot in front of the other. This December, the Richmond entrepreneur crossed his first major finish line when his barefoot training startup, Kinis, released the Nomad 804, a minimalistic “shoe” for indoor exercise that offers wearers as close to the barefoot experience as you can get without actually letting your naked soles touch the gym floor.

Companies thinking big after raising a combined $52M
Two local companies have kicked off the new year with eight figures’ worth of new funding. Decisiv, a Henrico-based software developer, and TemperPack, a Manchester-based packaging company, this month announced capital raises of $30 million and $22.5 million, respectively.

Sustainable Packaging Maker TemperPack Raises $22.5M Series B Round
Talk about an investment package.  Richmond’s TemperPack, a maker of sustainable thermal packaging, has raised $22.5 million in Series B financing led by D.C.-based Revolution Growth.

December 13 - January 9

OccasionGenius raised over $1 million!

Inc. magazine ranks Richmond as 35th best city to start business; Virginia Beach also on the list

Richmond Startup EdConnective is Giving Teachers a Leg Up in the Classroom
A teacher would never dream of giving students 10 months of assignments and then offer feedback two to three times during the year. But when many U.S. educators first take up their position in front of the blackboard, that’s the scenario they face.

Startup Spotlight: Maple seeks to be an all-in-one organizational tool for 'goals and visions'
New Year’s resolutions are easy to make and hard to keep.  Chris Dawson and Scott Waletzko have a startup business whose mission is to help people remain persistent and focused on whatever personal and professional goals they’ve set.

Second women-centric coworking space opens downtown
A soft shade of pink adorns many walls in the city’s latest coworking venue.  Pinq Inc., a coworking space for women only, opened last month in the newly rehabbed building at 1 W. Cary St. in Monroe Ward downtown.

Shawn Boyer's goHappy app has Facebook-like characterists but promises a quieter, more private social media experience
Shawn Boyer thinks there is a sea change coming in how people consume social media.  The big social media platforms such as Facebook have become “noisy” places, and often maligned for selling their users’ personal data without permission, said Boyer, a Richmond-area entrepreneur best known as the founder and former CEO of the job search site Snagajob.com, now named Snag.

Startup Spotlight: The Giving Wall helps people help themselves
Opportunities to help people in need often come in the form of food or clothing or toy drives, or money-raising events such as auctions or charity runs for various philanthropies.  Sometimes, though, the most effective form of giving can be providing one thing that people need the most to help them help themselves.

Hatch Kitchen RVA serving up coworking space for food makers
A former tobacco warehouse just off Maury Street in South Richmond has been converted into a coworking space designed to nurture local food businesses.  Hatch Kitchen RVA has a 9,000-square-foot kitchen designed for multiple users and outfitted with an array of cooking equipment and work stations. The coworking space is expected to be operational early in 2019 with a variety of food makers as members.

Co-founder of startup company Painless1099 returns to Richmond
Ace Callwood is the co-founder of Painless1099, a startup created in 2015 that developed a website and a mobile app that enables independent contractors and people who work freelance jobs to manage their money, including automatically setting aside money for taxes.

Larkin Garbee looks to spread support networks for entrepreneurs
Larkin Garbee has been working for more than a decade to spark the Richmond region’s entrepreneurial environment.