While his previous business made him a reality TV star by helping hoarders dig out of their junk, the quick growth of Matt Paxton’s latest Richmond startup has forced him to make sure the company doesn’t get buried in other people’s stuff.
Startups
Local startup caps $10M equity raise
A Henrico-based financial firm has completed its second multimillion-dollar capital raise in a year, with plans to use this latest haul to continue its national expansion.
Startup incubator gets another boost to its wallet
One of Richmond’s finance giants is contributing $100,000 to a local nonprofit program that nurtures a class of entrepreneurs for three months each year.
Downtown VC group takes stake in Alexandria food startup
A local venture capital firm was one of five investors that raised a total of nearly $7 million for a NoVa-based prepared meal delivery company.
Digital music platform powers down streaming service
A music streaming service that picked up some local recognition after setting up shop in Richmond last year has turned down the volume, at least temporarily.
Train conductor changes tracks with scruff-styling startup
Following his recovery from cancer, a freshly minted — and bearded — entrepreneur is trying his hand at the manscaping market.
Capital One pays $1.8M for future Shockoe Bottom incubator
The credit card giant has opened its wallet to buy a downtown building and back the area’s startups, one of which has already signed on as a tenant.
Ride-sharing app finds way around DMV obstacle
After a hitting a legal speed bump last year that threatened its ability to do business in its home state, a Richmond-based ride-sharing startup has gotten the green light from the General Assembly.
Party planning firm launches second capital raise
The startup’s most recent funding round comes on the heels of a $150,000 capital raise, as well as financial awards from a local accelerator and a startup competition.
Is this thing on? Startup teaches tech to older generation
A mother-son duo is flipping the script on traditional tutoring, as it sends millennials to teach older generations how to be tech savvy.