Category Archives: Uncategorized

Embody – A Leading Soft Tissue Healing Company Based in the NIC

We are excited to highlight a longtime partner of the Norfolk Innovation Corridor: Embody, a Norfolk-based sports medicine company that is pioneering the next generation in soft tissue healing with collagen-based biofabrication techniques and biologic products. Founded in 2014, the company continues to develop unique biomaterials providing healing solutions for challenging orthopedic procedures involving foot […]

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Embody, Inc. Announces $10.4 Million Series C Funding Round

Funds to Support Commercial Expansion and Post-Market Clinical Studies of Tapestry® for tendon and ligament injuries. Norfolk, VA, September 20, 2022 — Embody, Inc., a privately-held medical device company focused on soft tissue healing, announced today that it closed a $10.4 million Series C funding round led by Genesis Innovation Group’s cultivate(MD) Capital Funds LP. The financing will enable Embody to […]

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RISE Launches Flood Insurance Innovation Challenge

NORFOLK, Va., Oct. 4, 2022 /PRNewswire/ — RISE, a Virginia-based, non-profit organization providing one-stop-shop resources to coastal resilience entrepreneurs, today announced the launch of its Flood Insurance of the Future Challenge. The innovation competition will award up to $1.5 million to businesses with solutions that reduce flood insurance premiums and payouts by 50%.

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ReAlta Life Sciences – Making a Difference in Norfolk and the Healthcare Industry

The Norfolk Innovation Corridor is honored to be partnered with ReAlta Life Sciences, an innovative biotech firm, focusing on solutions for rare diseases using top-tier technology, passionate staff and employees, and a resilient attitude in all that they approach. We invite you to check out our latest video highlighting this cutting-edge Norfolk-based company, as it […]

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CAI Software, LLC Acquires xTuple Strategic acquisition leverages growth in ERP for manufacturing

SMITHFIELD, R.I., July 13, 2022 (GLOBE NEWSWIRE) — CAI Software, LLC (“CAI” or “CAI Software”), a leader in the delivery of mission-critical enterprise resource planning (ERP), manufacturing execution systems (MES), eCommerce EDI (electronic data interchange) and warehouse management software (WMS) and services, today announced that it has acquired OpenMFG LLC, which does business as xTuple. […]

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DroneUp Lands New Head of European Airspace Innovation

Commercial Drone and UTM Industry Expert Sebastian Babiarz to Lead DroneUp Technology, Regulation, and Safety Across Europe.  DroneUp, LLC, an autonomous drone delivery platform and leading drone services provider, today announced the appointment of Sebastian (Seb) Babiarz as its head of European airspace innovation based in Poland.

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Germany’s BfArM Approves ReAlta Life Sciences’ Phase 1b Study

Norfolk, VA, May 10th, 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 the company secured regulatory approval from Germany’s Federal Institute for Drugs and Medical Devices (Bundesinstitut für Arzneimittel und Medizinprodukte, BfArM) to conduct a […]

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TechArk Solutions to Expand in the Norfolk Innovation Corridor

On April 12, the City of Norfolk’s Department of Economic Development announced that TechArk plans to expand its Norfolk-based headquarters, investing over $100,000 to improve its present facility located within the Norfolk Innovation Corridor (NIC) – a Technology Zone – and creating eight new high-tech, high-wage jobs in Norfolk. This announcement came soon after the […]

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Breeze Airways announces 4 new coast-to-coast destinations from Norfolk

NORFOLK, Va. (WAVY) – Breeze Airways is expanding its flight offerings from Norfolk International Airport to new locations in Florida, California, Georgia and Nevada. City and airline officials made the announcement during a Tuesday morning news conference. Breeze, a low-fare airline, is adding four new coast-to-coast destinations from Norfolk this summer.

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