As it looks to go into capital-raising mode, a local homebrew equipment startup has struck a deal with an industry giant.
Richmond startups spent plenty of time at the negotiating table in 2019, with loads of capital raises and other deals struck as the decade wraps up.
Fresh off expansions both locally and in the desert, a local packaging startup has hauled in eight figures’ worth of new capital.
O’My Dairy Free Gelato was founded in Richmond by food industry veterans from Ukrop’s Homestyle Foods and General Mills. The company is amid a $745,000 capital raise.
“Unlike a paper card that’s just an afterthought, every single time you hand someone a metal card, when you have that second conversation, they remember it,” said Ryan Leach, co-founder of Lux Metal Card.
First came the electric scooters. Now electric tuk-tuks have arrived in Richmond.
The Charlottesville social club that’s building a new multistory location in downtown Richmond is looking to bring in some extra cash.
While two electric scooter rental companies are up and running in Richmond, two other competitors have slowed their roll, citing city regulations.
The electric scooter giant, whose unannounced launch in Richmond last year prompted the creation of regulations for the dockless, on-demand vehicles, is giving it another go in the city.
Seven figures’ worth of fresh capital has rolled in for one of the region’s insurance technology startups.