ELYA was forced to reconsider the use of its signature fridges to sell its prepared meals and it launched home delivery service for them instead.
Startups
Coworking, startup incubator in Ashland doubles office space in same building
The expansion boosted the Dominion Energy Innovation Center’s total size to 5,500 square feet and added a kitchen and new conference room.
University of Richmond students sprout bean-based trail mix company
Absurd Snacks, the product of a course called Bench Top Innovations, launched its line of roasted bean trail mixes through its online store this week.
Local packaging firm closes on $140M capital raise to fund expansion
Henrico County-based TemperPack Technologies plans to open two more manufacturing plants and launch new products.
Startup that makes amputee clothing moving headquarters to Richmond
No Limbits was founded in Iowa but was part of Lighthouse Labs’ fall 2021 accelerator class. It will be featured in an April episode of “Shark Tank.”
Regency mall next stop for Short Pump Town Center kids train operators
Two friends noticed the Short Pump kids train stopped running during the pandemic, so they launched PlayRVA to reopen it and give rides at other malls.
Richmond establishes technology zone, raises BPOL tax exemption threshold
It took two and a half years, but Richmond now has a citywide technology zone. The specific benefits of that zone, however, still remain in the works. The Richmond City Council this week finally approved an amendment to the city code establishing a technology zone across the city. First proposed by Councilmember Andreas Addison in… Read more »
Drone attachment startup elevates sales effort with $350K capital raise
Ashland-based Linebird will use the funds primarily for marketing and product research.
Local startup that offers software for nonprofits closes $825K capital raise
Humanitru is using the funds to expand its team as it seeks to make further inroads with museums, humane societies and community colleges.
Local private equity firm exits 2 deals, invests in 3 new companies
Blue Heron Capital got positive returns on PresenceLearning and Verisma, and put money into Cloudtamer, Aware and Shiftmed.