A local real estate agent is opening Point 5, which stocks booze-mimicking brands that make up a small but growing sector in the beverage industry.
Hold the booze: Non-alcoholic bottle shop ready to pop in Carytown
Startups
Midlothian-based investment software startup raises $950K
The funding will be used to launch Caravel Concepts’ products, which are aimed at financial advisors.
Former Saunders Station post office building sold to staffing firm for $4M
Summit Human Capital bought it from local software company Mobelux, which has gone to a fully remote workforce after redeveloping the property five years ago.
Manchester-based vending machine startup plans to unplug operations
ELYA’s closure comes after a run-in with the state health department over its original service model, which caused it to pivot to delivery of its quick-serve meals.
Bon Secours expands small business funding from East End to Manchester
Supporting East End Entrepreneurship Development awarded grants to three Manchester businesses as well as six Church Hill businesses in its latest round.
Dumpster-on-wheels rental company franchising to fuel expansion
Scott’s Addition startup Mobiledumps sold two of its corporate-owned locations earlier this month.
Activation Capital launches new program for minority-led startups
“We have this diverse, multifaceted initiative to look across the entire pipeline and understand where the gaps and needs are,” said CEO Chandra Briggman.
Local vending machine startup pivots after spat with health department
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.
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.