See which 25 companies made the cut in BizSense’s annual list of the region’s fastest-growing companies. The full rankings will be unveiled at the Nov. 6 awards ceremony.
Startups
After layoffs and office closures, moving company WayForth files for bankruptcy
The company, which offers moving and related services with a focus on seniors, filed for Chapter 11 bankruptcy protection last week in federal court in Richmond.
Shockoe-based footwear startup Kinis developing new AI-powered insole
Founded in 2018 by Vincent Vu, the company recently completed a proof-of-concept prototype for a new insole product designed to predict the wearer’s risk of falling.
Local indoor farming startup among finalists for piece of $500k Verizon climate tech prize
Scott’s Addition-based Babylon Micro-Farms, which sells and leases modular vertical indoor micro-farms to businesses and individuals, is one of 10 finalists for the Verizon Climate Resiliency Prize.
Moving firm WayForth laying off hundreds as it ends operations outside Richmond area
Left scrambling after a failed merger, the once fast-growing company is moving rapidly to restructure by shrinking from nearly 500 employees to 50, leaving only its Richmond operations intact.
Record label caps first year with new events, artists, business partner
A cluster of concerts that kick off today as part of the newly created Richmond Music Week cap a productive first year for Shockoe Records.
Local baker looks to leverage Lighthouse Labs program to grow snack foods offshoot
Keya Wingfield said she hopes to take her Bombay Chips brand to a new level as one of eight startups making up the accelerator program’s latest cohort.
Richmond juice bar owner taking local dumpster franchise to West Coast
The owner of Beet Box is diving into the dumpster business while helping another Richmond company expand to the other side of the country.
Stymied by the state, upstart kava bar in the Fan readies legal fight with VDH
A kava kerfuffle between the state government and a new specialty bar in the Fan is taking a litigious turn.
Local startup Naborforce moves HQ from the Fan to Scott’s Addition in step toward continued growth
The company, which offers a Uber-like service connecting elderly people with contractors who can provide household assistance and companionship, is tripling the size of its headquarters.