The company’s plan, which was announced last year by the governor’s office and packaged with financial incentives, was to relocate from Texas and bring 155 jobs to Richmond.
Startups
Shockoe Bottom-based tutoring software company raises $4.8M in new capital
Pearl, formerly known as Trilogy Mentors, is looking to capitalize on a tutoring boom initiated by the pandemic.
Lighthouse Labs shifts focus to fewer, more mature early-stage startups
The accelerator will use the smaller class size to conduct a review of its offerings and gather feedback to learn how it should move forward as it marks a decade of operation.
Local notary business puts its stamp on a new headquarters
The owner of Notary2Notary and On Time Notary is moving up from Hopewell and into Chester.
Startup paint company opening retail storefront in Manchester
“We did a lot of direct-to-consumer and that’s been great, but we’ve been exploring how to bring a more personalized experience to paint,” Hound Paint Co.’s owner said.
Local sneaker cleaning service cleans up in startup contest
Sudsy Soles, soon to rebrand as Drip Fixx, just scored $50,000 in an Activation Capital startup program for minority-led businesses.
Moonshine maker pouring fresh investment into online expansion and tasting room
The Manchester-based distillery is in the midst of a $3 million capital raise to make a bigger push into direct-to-consumer sales.
Jackson Ward Collective founders launch new business accelerator
After pivoting into a nonprofit umbrella organization, the group is starting a program to train black business owners and those who aspire to be in topics like marketing, financing and bookkeeping.
Local anti-fog eyewear line featured on ‘Good Morning America’
Showerspecs were developed and patented by local marketing executive Donna Spurrier, CEO and namesake of Richmond firm Spurrier Group.
Local food delivery firms ChopChop and LoCo merge to keep up with the big boys
“With the merger, we don’t have to really fight, we can kind of facilitate,” said Chop Chop’s Chris Chandler, who teamed up with LoCo’s Daquan Woodberry.