As the District prepares its tech investments and President Joe Biden drops his own budget for the new year, a local conglomerate is making a $4.7 billion move for local founders.
DC
Technically DC: Resource Roundup: WeWork and Oatly are hosting a pitch competition for climate tech founders in DC
WeWork and oat beverage company Oatly are teaming up to host pitch competitions for sustainability-focused startups.
Technically DC: This Alexandria supply chain startup just nabbed a spot in the FinTech Innovation Lab accelerator
Ion Channel, which was founded in 2016, works in the risk assurance space of supply chain technology for clients in national security, defense and beyond.
Richmond Inno: Babylon taps new markets through international accelerator
Babylon CEO and co-founder Alexander Olesen is singing the praises of an international business accelerator from Virginia, saying his Richmond company’s participation will help the micro-farm business tap into a voracious market abroad.
Technically DC: WeWork is investing $16.3M in startup space in DC
The national coworking chain, which boasts multiple locations in and around DC, will invest $16.3 million in regional office space for entrepreneurs.
Technically DC: This NoVa startup created a ‘dashcam’ for spacecraft
SCOUT, a space tech company based in Alexandria, Virginia, developed a “dashcam” for satellites and spacecraft that allows them to navigate based on their surroundings.
Technically DC: Gig economy app Qwick has arrived in DC
Qwick officially launched in DC, its 16th market, this week. Founded in 2018 in Phoenix, Arizona, the startup connects gig and tourism economy workers like caterers, hotel employees, bartenders and golf course workers with venues, hotels and restaurants in need of talent.
Technically DC: This DC company built a SaaS product to connect manufacturers with local wood
DC-area founder Ben Christensen is a technologist with a background in climate and carbon science. But when he set out to create a startup, he went beyond his education and gathered inspiration from his carpenter father.
Washnington Business Journal: This auto tech startup can’t hire fast enough. It hits the gas with $5M and new leadership.
Rockville’s Autosled Inc. has secured $5 million in new financing to bulk up its team in the face of increasing demand for its tech platform, which facilitates communication, tracking and payments between drivers and shippers.
Lighting the Spark: Community Leaders and Changemakers
On International Women’s Day 2022, Verizon’s SGA team hosted a conversation between GoodrCo.’s Jasmine Crowe, Skills for Rhode Island’s Future’s Nina Pande, Girl Scouts Nation’s Capital’s Lidia Soto-Harmon, and Local Initiatives Support Corporation (LISC) LA’s Tunua Thrash-Ntuk for a conversation about how these women are helping their communities thrive. Watch the full conversation below.