Author Archives: lpeck

FDA Clears ReAlta Life Sciences’ Phase 2 STAR Trial

Norfolk, VA, March 30, 2022 – ReAlta Life Sciences (“ReAlta”), Inc., a clinical stage, rare disease company dedicated to harnessing the power of the immune system to address life threatening diseases, today announced U.S. Food and Drug Administration (FDA) clearance of an Investigational New Drug (IND) application for a Phase 2 clinical trial of RLS-0071 in […]

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RISE Challenge Winner FloodMapp Launches Integration With Waze to Help Drivers Avoid Flooded Roads in Real Time

NORFOLK, Va., Jan. 4, 2022 — RISE joins climate tech startup FloodMapp to announce the launch and integration of FloodMapp’s forecast flooding technology with the navigation app Waze. Funded as a winner of the RISE Urban Mobility Resilience Challenge, FloodMapp’s innovative solution allows Waze to offer drivers real-time, street-level alerts of flooded roads. FloodMapp is piloting the program […]

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RISE Challenge Winner FloodMapp Launches Integration With Waze to Help Drivers Avoid Flooded Roads in Real Time

NORFOLK, Va., Jan. 04, 2022 (GLOBE NEWSWIRE) — RISE joins climate tech startup FloodMapp to announce the launch and integration of FloodMapp’s forecast flooding technology with the navigation app Waze. Funded as a winner of the RISE Urban Mobility Resilience Challenge, FloodMapp’s innovative solution allows Waze to offer drivers real-time, street-level alerts of flooded roads. FloodMapp is piloting the program […]

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SVT Robotics Raises $25M in Series A Funding for Software

SVT Robotics Inc. yesterday announced the close of its $25 million Series A funding round. The Norfolk, Va.-based startup has developed its SOFTBOT platform to accelerate and simplify the integration and deployment of robots. SVT claimed that companies can use its software to integrate any enterprise system with automation for any task, without custom code, in […]

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Norfolk Innovation Corridor Appoints Linda Peck as Its First Executive Director

NORFOLK, VA – (July 13, 2021) – Norfolk Innovation Corridor (NIC) announced the appointment of Norfolk native Linda Peck as its first executive director. A public-private partnership, the recently launched Norfolk Innovation Corridor (NIC) will develop and attract technology businesses along with entrepreneurs and innovators specializing in resilience technologies, products and services, whether combating sea […]

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APRIL 28, 2021 ReAlta Life Sciences Closes $20 Million Series A3 Financing to Advance Multiple Programs into Phase 2 Clinical Trials

Norfolk, VA, April 28, 2021 — ReAlta Life Sciences, Inc., today announced that the Company has successfully closed a Series A3 financing of $20 million. The financing was led by Marathon Pharma, with support from existing Series A investors and new, undisclosed investors. Funding obtained in this financing will advance multiple programs addressing ALI and HIE, […]

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Norfolk Innovation Corridor Launches New Technology Zone to Attract Start-up Companies, Skilled Talent & Catalyze Growth

The coastal city of Norfolk, Virginia, known globally for its expertise in resilience and strong entrepreneurship ecosystem, is emerging as a tech hub for companies supporting products, technologies and services in the resilience sector. Today, Daniel Peterson announced the launch of the Norfolk Innovation Corridor (NIC), an area paralleling the Elizabeth River Trail designated as […]

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