Fringe closed on a $4 million seed round in February and AnswersNow took in $1.8 million from investors.
Capital raises net nearly $6M for two Richmond-based tech startups
Startups
Recently acquired startup Workpath swaps offices in Scott’s Addition
The Richmond tech company is growing and moving from 1717 Summit Ave. to a bigger space at 3005 W. Marshall St.
Startups ARtGlass, Babylon Micro-Farms fill coffers with capital raises
The Richmond software firm took in $500,000 recently and the indoor farming equipment maker has gathered $2.7 million.
Helbiz challenges Bird and Bolt for Richmond’s e-scooter market
The company was awarded a one-year permit to operate 500 rentable electric scooters on the city’s streets and they can already be seen parked in Carytown.
Local food delivery service gets grant to chop commission rate to 7 percent
Richmond’s EDA is awarding $120,000 to Chop Chop RVA to help restaurants survive the pandemic by making to-go orders more profitable.
Transportation startup shifts into expansion mode with $1.5M raise
The co-founders of Social Auto Transport previously worked together at CarMax, which they now count as a client.
UVA grads reconnect and launch online wine selling startup in Richmond
The co-founders of RichWine grew up together in Hanover and were living in New York City when they decided to turn their love of wine into a business.
$125M pharmaceutical plant to be built in Petersburg will create 200 jobs
Civica, which is partnering with Phlow, VCU’s Medicines For All Institute and AMPAC, plans to manufacture generic drugs and create 200 jobs.
Two bodybuilders, pumped to open their own gym, see strong market
RVA Iron Gym, which is launching at 3910 Adams Road in the spring, will cater to competitive powerlifters.
Pandemic Pivot: Vending and catering company launches ghost kitchen
“We’re kind of in the bull’s eye of COVID across our business sectors. People aren’t in offices and we can’t do catering,” said co-owner Scott Halloran.