Bethesda PE firm closes its third and largest fund
Bethesda’s Rotunda Capital Partners has raised $405 million in capital commitments for its third fund, which it will use to…
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GMU gets $3.75M to grow Virginia’s nanotech industry
Starting next week, George Mason University will launch a new program to catalyze the growth of the nanotechnology industry in…
Lanham ed-tech player 2U rumored to be offered a potential $1B buyout by India’s Byju’s
Lanham education-technology company 2U Inc. may still be processing its recent $800 million acquisition of another industry player’s assets —…
Local restaurant tech startup reserves more space — for a new, expanded HQ
MarginEdge Co., a local tech startup with a restaurant management platform, is now reserving more headquarters space for itself. The…
CertifiKid says family deals business mostly back on track after Covid disruption
Jamie and Brian Ratner had been running their family-focused daily deals company for a decade when the Covid-19 pandemic changed…
The Pitch: This e-learning startup wants to help people get jobs — and build a workforce
Editor’s note: Welcome to The Pitch, a DC Inno special feature in which we spotlight young local startups led by…
ASGN closes acquisition of Massachusetts company
ASGN Inc. (NYSE: ASGN), a publicly traded IT services company based in Glen Allen, said Wednesday it closed its $350…
Seth Goldman’s new tea line just got a name. It’s ‘moving fast’ for an October launch.
Seth Goldman’s next venture has a name — and it’s racing to a rollout. The Honest Tea founder has unveiled…
The funding rundown: These companies locked in new money in June
D.C.-area startups across sector, size and stage raised new funding at a steady clip in June. At the highest end…
On heels of $25M raise, consumer research firm Collage Group is planning for a more competitive future
Bethesda consumer and market research company Collage Group wants to hire, innovate and achieve scale — at the same time.…
Sudsy Soles, a Richmond sneaker restoration marketplace, wins $50K pitch prize
A Richmond sneaker restoration online marketplace that connects owners with rehab and cleaning specialists is looking to increase its staff…
Viewpoint: A firm’s values mean little if its actions don’t match its words
June is wrapping up, and so too is LGBTQ Pride Month, with its accompanying corporate “rainbow washing.” However, this year,…
These 6 founders are participating in the latest Covintus Tech Tank accelerator program
Short Pump software firm Covintus Inc. has kicked off the third cohort of its Tech Tank accelerator program with six…
D.C.’s EAB to add 200 Richmond-area jobs
EAB Global Inc., the D.C.-based education data, direct marketing and recruitment firm for colleges and universities, is expanding its Richmond-area…
Utrain, maker of a basketball training app, is raising money to make the leap to the pros
Utrain, a Charlottesville company that offers an “all-in-one basketball training software solution” via an app, is seeking to raise $1…
Connecticut Avenue NW corridor revamp will prioritize bike lanes, less parking
The D.C. Department of Transportation will slow traffic along a 2.7 mile-stretch of Connecticut Avenue NW, make room for cyclists…
Dcode nabs $45 million DOD contract, aims to double revenue
D.C. tech accelerator Dcode is counting on a major government contract to turbocharge its growth. The firm recently won a…
Rockville biotech Shuttle Pharmaceuticals files for its IPO — for the second time
Rockville biotech Shuttle Pharmaceuticals Holdings Inc. is looking to raise up to $15 million in an initial public offering —…
Health care firm Aledade speeds up its national expansion after raising $123M
Aledade Inc. is hitting the gas on its national expansion, with plans to hire hundreds of new workers and open…
Hilton expands its pet-friendly offerings across the U.S. and Canada
Hilton Worldwide Holdings Inc. (NYSE: HLT) continues to bet big on travelers who want to vacation with their pets. The…
Roe v. Wade overturned: Law professors cite what the Supreme Court ruling means — and what’s next
After half a century, Americans’ constitutional right to get an abortion has been overturned by the Supreme Court. The ruling…
Viewpoint: For LGBTQ+ leaders, our full selves are our best selves
It’s almost as if all the honorees of this year’s Business of Pride Awards read my recent column about local…
Q&A: One year in, American Cancer Society’s new leader sees a sharpened focus coming out of the Covid pandemic
Karen Knudsen thought she knew about the American Cancer Society from her days as a physician heading the Sidney Kimmel…
Facing mounting losses, CarLotz shutters 11 locations
CarLotz Inc., a Richmond-based company facing mounting losses in a tough auto resale market, said this week it is closing…
