Connect with us

Technology

Virginia Ranked Top 10 in U.S. for Venture Capital Investment by National Venture Capital Association – Virginia’s Highest Ranking in Over 15 Years

Published

on

$2.5 Billion of Venture Capital Investment Poured into Virginia in 2023

RICHMOND, Va., Sept. 30, 2024 /PRNewswire/ — The Virginia Innovation Partnership Corporation (VIPC) hosted the President of the National Venture Capital Association (NVCA), VIPC Board members, and local ecosystem stakeholder leaders at Amazon Visitors Landing at Amazon HQ2 in Arlington, Virginia to celebrate Virginia’s top 10 national ranking for venture capital investment activity during 2023, as reported by Pitchbook-NVCA’s latest Venture Monitor industry data. NVCA reported approximately $2.5 billion of venture capital investment activity during 2023 in Virginia, ranking Virginia the 8th highest state in the country and ahead of other states such as Illinois, Pennsylvania, Maryland, New Jersey, North Carolina, Tennessee, Georgia, Delaware, and Ohio. This is Virginia’s highest venture capital national ranking, and the first time Virginia has climbed back into the top 10, in over 15 years according to Pitchbook/NVCA reported data.

Virginia Nationally Ranked In The TOP 10 for Venture Capital Investments

A theme at the VIPC hosted event was Virginia cultivating a culture of growth, opportunity, and collaboration that is contributing to a thriving business environment for entrepreneurs, innovators, startups, businesses, and investors. Virginia’s top 10 national ranking for venture capital investment also coincides with Governor Glenn Youngkin recently announcing Virginia being ranked #1 Top State for Business in America by CNBC and Virginia realizing a record 10,000 new high-growth startups launched in the Commonwealth over just the past two years. 

The President of NVCA delivered a keynote address at the event which was attended by Virginia Secretary of Commerce Caren Merrick, State Senator Saddam Azlan Salim, and local stakeholder leaders representing Arlington, Alexandria, Fairfax county economic development authorities; Northern Virginia Black Chamber of Commerce; George Mason University and Virginia Tech Innovation Campus; the Commonwealth of Virginia; and the entrepreneur startup and venture capital community.

VIPC President and CEO, Joe Benevento, remarked, “Virginia’s top 10 national ranking demonstrates how dynamic high-growth companies in Virginia are offering VCs from across the country compelling opportunities to deploy capital. Capital fuels growth and VIPC looks forward to fostering continued private sector engagement and investment within our thriving entrepreneur ecosystems, including through our new Virginia Invests venture capital partnership initiative.”

Bobby Franklin, President and CEO of NVCA, commented, “Virginia is asserting itself as a key leader in the venture capital industry. The Commonwealth is not only competing but outpacing other states in attracting investment, thanks to its supportive innovation landscape and growing pipeline of startups.”

VIPC & Virginia Invests

VIPC is Virginia’s statewide economic development authority for advancing innovation, technology, commercialization, entrepreneurship, startups, and venture capital investment. Since 2004, VIPC has helped catalyze and leverage over $2 billion of cumulative investment capital from the private/public sector which has supported Virginia-based early-stage companies, technology commercialization, and innovation ecosystems.

In May 2024, VIPC launched a new venture capital partnership initiative called Virginia Invests, which is designed to expand access to early-stage capital and catalyze investment from both in-state and out-of-state investment fund networks into Virginia-based startups.  VIPC has initially partnered with seven venture capital fund managers who combined have committed to invest at least $100 million in Virginia-based startup companies as well as participate in a number of local entrepreneur ecosystem events and engagements throughout Virginia over the next five years.  Two of these fund managers have also relocated their headquarters, or plan to expand new offices, in Virginia.  VIPC expects Virginia Invests to attract at least $10 of private sector investment for every $1 committed by VIPC (10:1 leverage).

VIPC’s Virginia Venture Partners Managing Director, Tom Weithman, stated, “Our top 10 national ranking by NVCA is a testament to Virginia’s sustained commitment to a robust innovation and technology landscape which supports the next generation of great companies to launch, grow, and scale here in the Commonwealth.” 

Learn More about VC opportunities and VIPC: www.VIPC.org.

About Virginia Innovation Partnership Corporation (VIPC)
Connecting innovators with opportunities. VIPC operates as the nonprofit corporation on behalf of the Virginia Innovation Partnership Authority (VIPA). VIPA / VIPC is Virginia’s designated authority for leading innovation and economic development in the Commonwealth of Virginia through research, commercialization, and technology advancement; entrepreneurship, startup, and venture capital growth; and regional ecosystem, innovation network, and industry sector expansion. As part of its operations, VIPC helps attract and catalyze private investment into early-stage startup companies, provides research and technology commercialization grants to universities and entrepreneurs, and offers resource and funding support for entrepreneurial ecosystems, innovation networks, and public-private partnerships at local, state, and federal levelsVIPC’s programs include: Virginia Invests | Virginia Venture Partners (VVP) | Commonwealth Commercialization Fund (CCF) | Entrepreneurial Ecosystems Development | Regional Innovation Fund (RIF) | Smart Communities | The Virginia Smart Community Testbed | The Virginia Unmanned Systems Center | Virginia Advanced Air Mobility Alliance (VAAMA) | The Public Safety Innovation Center (PSIC) | Federal Funding Assistance Program (FFAP) for SBIR & STTR | University Partnerships | Startup Company Mentoring & Engagement.

For more information, please visit www.VIPC.org. Explore the latest news from VIPC and images from VIPC-supported stakeholder events. Follow VIPC on FacebookX, and LinkedIn.

Contact
Angela Costello
VIPC, VP of Communications & Marketing
Angela.Costello@VirginiaIPC.org
757-870-6848

View original content to download multimedia:https://www.prnewswire.com/news-releases/virginia-ranked-top-10-in-us-for-venture-capital-investment-by-national-venture-capital-association–virginias-highest-ranking-in-over-15-years-302262894.html

SOURCE VIPC

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

First Characterizer for Both Flour and Dough Takes Guesswork Out of Quality Control

Published

on

By

WESTBOROUGH, Mass., May 19, 2025 /PRNewswire/ — As experienced master bakers leave the workforce, commercial bakeries are struggling to maintain consistent product quality. Even when bakeries have skilled staff, subjective assessment of doughs may allow product variations that impact consumer acceptance. 

To address this challenge, KPM Analytics www.kpmanalaytics.com introduces a first-of-its-kind dual universal analyzer, the Mixolab 300, that objectively measures the characteristics of both flour and dough. Using its technology, milling and bakery operators can realize more reliable quality control, avoid customer complaints, reduce costly waste, and operate more efficiently. 

The new analyzer overcomes the longstanding problem of trying to predict baking performance from flour analysis alone. Analyzing both flour and dough (including reactions between flour, salt, yeast, fat, sugar, and improvers) gives a more complete and more accurate picture. 

Improving on the company’s popular flour-based Mixolab 2 dough characterizer, the Mixolab 300 adds a unique mixing bowl, dedicated software, and an introduction chimney that makes it easier for the operators to introduce doughs and batters for at-line quality analysis. Both the flour mixing bowl and the dough mixing bowl have the capability to heat samples, enabling sophisticated analysis not available in other dough characterizers. By selecting the bowl and software mode, users can easily switch between flour and dough analysis depending on their needs. 

The company also introduces the Mixolab 200, an evolution of the Mixolab 2, equipped with a flour mixing bowl. As user needs evolve, they can upgrade the Mixolab 200 to a Mixolab 300, which will include a dough kit, a specialized dough mixing bowl, and software for both flour and dough analysis.   

Gain Greater Insights on Dough and Production Process Performance
Unlike instruments limited to testing flours, the Mixolab 300 can anticipate baking performance by analyzing actual dough. Installed in quality control labs or near production lines, the Mixolab 300 dough characterizer can collect data on dough consistency and rheological properties, including starch behavior, providing key quality measurements. 

Thanks to a liquid-tight mixing bowl, a wider funnel, and an improved dough introduction chimney, Mixolab 300 can analyze all types of doughs and liquid batters ranging from bread doughs to cake and wafer batters.  It comes with two different dough testing modes. The first is the “Instant Consistency” test mode that provides quality-control data in minutes for production monitoring. The second mode offers a comprehensive “Full Test” that analyzes how ingredients interact during temperature changes—ideal for R&D and new product development.  

Help Millers and Ingredient Manufacturers Analyze Wheat and Additives
The benefits of dough analysis extend beyond the baker. The millers that supply bakeries with flours can use the Mixolab 300 to analyze wheat and flour behavior and use that understanding to improve wheat selection, optimize wheat and flour blends, and smartly use functional additives. Likewise, manufacturers of enzymes and additives can use the Mixolab 300 in their quality control and research and development. What’s more, research centers and universities can use the analyzer for scientific exploration. 

Availability 
The Mixolab 300 and Mixolab 200 flour and dough analyzers are available for order now. The Mixolab 300 will be on display in Düsseldorf at IBA, booth 11.F38.  

For an evaluation of how the analyzers will perform in specific applications, contact KPM Analytics at sales@kpmanalytics.com

About KPM Analytics 
KPM Analytics is a global leader in scientific instrumentation, focused primarily on analyzing critical parameters within the food, feed, agriculture, and environmental sectors. We provide a comprehensive range of products and services to uniquely solve our customers’ problems. Our product brands are AMS Alliance, Bruins Instruments, CHOPIN Technologies, EyePro System, Process Sensors Corporation, Sensortech, Sightline Process Control, Smart Vision Works, and Unity Scientific. Each has a long history of delivering advanced and reliable analysis solutions to ensure product quality and optimize process efficiency, with customer service at the center of everything we do. Visit www.kpmanalytics.com to learn more. 

Media contacts:   

Delphine Cornic

dcornic@kpmanalytics.com

+33 6 32 86 38 99

 

SOURCE KPM Analytics

Continue Reading

Technology

Denmark Ministry of Defence and Lockheed Martin Skunk Works® Prove F-35 Interoperability in Flight

Published

on

By

SKRYDSTRUP AIR BASE, Denmark, May 19, 2025 /PRNewswire/ — Lockheed Martin (NYSE: LMT) Skunk Works and the Danish Ministry of Defence (MOD) completed a successful live F-35 interoperability demonstration. This is another success in a series of Multi-Domain Operations (MDO) demonstrations proving the F-35’s ability to serve as a powerful force multiplier, enabling allied forces to rapidly deploy ready-now capabilities to connect systems across the battlespace.

Danish F-35s flying out of Fort Worth, Texas, shared classified data via DAGGR-2, a Skunk Works’ Open Systems Gateway (OSG) developed under a partnership with the Missile Defense Agency (MDA), through commercial satellite communications and displayed at Skrydstrup Air Base in Denmark.

“This marked a significant milestone toward enhancing Denmark’s capabilities, as it enabled our MDO staff to witness in real-time the potential of the F-35’s ability to collect, analyse and share advanced data across geographically dispersed networks,” said Danish Air Chief, Maj. Gen. Jan Dam. “Our close collaboration with Skunk Works has been instrumental in accelerating the rapid deployment of such capabilities, and we’re very pleased with the results.”

“This collaboration with the Danish MOD enabled us to do what we do best at Skunk Works – rapidly deploy ready-now capabilities at a pace unparalleled in the industry and prove it through real-world flights,” said OJ Sanchez, vice president and general manager, Lockheed Martin Skunk Works. This demonstration builds on our successful track record of collaboration with international partners and defines what truly sets us apart: our commitment to Open Systems Architecture, which enables seamless integration across any platform, sensor, or shooter – regardless of the manufacturer.”

Lockheed Martin is committed to delivering open architecture solutions that enhance multi-domain integration capabilities across allied forces.

For additional information, visit our website: https://www.lockheedmartin.com/en-us/capabilities/multi-domain-operations.html

About the F-35
More than 1,170 F-35s are currently operational around the globe, and the fleet surpassed 1 million flight hours. The combat proven F-35 operates from 50 bases worldwide, including 10 nations operating on home soil. As adversaries advance and legacy aircraft age, the F-35 is critical to maintaining air dominance for decades to come.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/denmark-ministry-of-defence-and-lockheed-martin-skunk-works-prove-f-35-interoperability-in-flight-302458078.html

SOURCE Lockheed Martin Aeronautics

Continue Reading

Technology

TeamViewer launches first Digital Workplace platform combining endpoint management, remote connectivity, AI, and DEX

Published

on

By

With hybrid work and digital complexity on the rise, TeamViewer ONE empowers organizations of any size and across industries to solve IT problems faster, simplify support, and power a frictionless, productive work environment where employees stay seamlessly connected.

GÖPPINGEN, Germany, May 19, 2025 /PRNewswire/ — TeamViewer, a global leader in digital workplace solutions, today launches TeamViewer ONE, a unified digital workplace management platform powered by advanced AI features, and designed to help organizations reduce downtime, optimize IT support, and elevate employee experience at scale. The company presented the new platform at the Gartner Digital Workplace Summit in London.

Managing a patchwork of disconnected IT tools has become a significant challenge for organizations, leading to increased complexity, higher costs, and operational inefficiencies. Many IT leaders are now prioritizing vendor consolidation to streamline operations and reduce these burdens. A recent CIO survey found that 95% of IT executives plan to consolidate vendors within the next year, with 80% citing the need to reduce the number of point solutions. This growing shift highlights the demand for unified platforms that simplify IT operations while boosting performance, security, and scalability.

TeamViewer ONE was built to meet exactly this need. It’s the first unified digital workplace platform that brings together real-time device monitoring, intelligent automation, secure remote access, and contextual diagnostics—all in a single, scalable solution. Whether global enterprise or small business, it empowers organizations of all sizes to reduce tool sprawl, streamline operations, and deliver exceptional digital experiences across a distributed workforce, spanning traditional IT endpoints as well as a wide range of connected and operational technology devices.

“The digital workplace is no longer a future vision, it’s the reality of how every business operates today,” said Mark Banfield, Chief Commercial Officer at TeamViewer. “Almost all workplaces are digital nowadays, and companies need to support their employees whether they work in an office, at home, on the shop floor, or out in the field. As the number of tools and technologies has exploded, so has the complexity for IT teams and end-users. With TeamViewer ONE, we’re helping customers cut through that complexity with a unified platform that meets their needs today and evolves with them tomorrow—whether they’re just starting out or managing thousands of endpoints globally.”

TeamViewer ONE brings together remote monitoring and management (RMM), remote connectivity, DEX, and AI-powered features into one comprehensive solution under a single license, making it the only platform to deliver all these capabilities seamlessly for businesses of any size.

TeamViewer RMM: Proactive device monitoring and management with built-in endpoint security, mobile device management (MDM), and patching, helping IT teams stay ahead of potential issues, reduce disruptions, and ensure device compliance across the workforce.TeamViewer Intelligence: AI-driven support tools like CoPilot provide real-time diagnostics and context-aware troubleshooting recommendations, while Session Insights generate automatic, structured reports to help IT teams analyze trends and improve performance.TeamViewer Remote Connectivity: Secure, reliable and industry-leading remote access and control, enabling IT teams to provide seamless assistance across distributed workforces and devices, wherever they are.TeamViewer DEX: Designed to monitor and improve digital employee experience (DEX), which has been recognized as a leader in the Gartner® Magic Quadrant™. With real-time visibility into endpoint health, performance trends, and user-impacting issues, DEX allows IT to prioritize actions that drive productivity, reduce downtime, and foster long-term employee engagement.

“Companies today can’t afford to fly blind when it comes to employee experience and IT health,” said Mei Dent, Chief Product and Technology Officer at TeamViewer. “With rising pressure to consolidate fragmented tech stacks, strengthen security, and meet evolving compliance standards, TeamViewer ONE brings intelligence, automation, and visibility into a single platform, enabling IT teams to replace siloed tools with a seamless, AI-powered experience. This frees IT teams from repetitive tasks and manual troubleshooting, allowing them to focus on higher-impact initiatives that drive real value for the business.”

This combination of capabilities enables companies to create a more connected, efficient, and productive environment where employees stay engaged and supported with minimal distractions. TeamViewer ONE is available in tailored Business and Enterprise packages with all features delivered through a single agent license to support the evolving demands of today’s hybrid workforces. For more details, visit TeamViewer ONE.

About TeamViewer

TeamViewer provides a Digital Workplace platform that connects people with technology—enabling, improving, and automating digital processes to make work work better.

In 2005, TeamViewer started with software to connect to computers from anywhere to eliminate travel and enhance productivity. It rapidly became the de facto standard for remote access and support and the preferred solution for hundreds of millions of users across the world to help others with IT issues. Today, more than 660,000 customers across industries rely on TeamViewer to optimize their digital workplaces—from small to medium-sized businesses to the world’s largest enterprises—empowering both desk-based employees and frontline workers.

Organizations use TeamViewer’s solutions to prevent and resolve disruptions with digital endpoints of any kind, securely manage complex IT and industrial device landscapes, and enhance processes with augmented reality powered workflows and assistance—leveraging AI and integrating seamlessly with leading tech partners. Against the backdrop of global digital transformation and challenges like shortage of skilled labor, hybrid working, accelerated data analysis, and the rise of new technologies, TeamViewer’s solutions offer a clear value add by increasing productivity, reducing machine downtime, speeding up talent onboarding, and improving customer and employee satisfaction. The company is headquartered in Göppingen, Germany, and employs more than 1,800 people globally.

In 2024, TeamViewer achieved a revenue of around EUR 671 million. TeamViewer SE (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com.

Logo – https://mma.prnewswire.com/media/2639323/5324341/TeamViewer_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/teamviewer-launches-first-digital-workplace-platform-combining-endpoint-management-remote-connectivity-ai-and-dex-302458159.html

Continue Reading

Trending