Here at the Norfolk Innovation Corridor, we understand that creating a thriving technology zone is only possible through the help and assistance of our talented and innovative members. Having the leadership of our board and the businesses they have a hand in helps to attract, retain and create lasting opportunities for Norfolk and the growing […]
Read MoreIn looking back on 2022, we wanted to highlight one of our favorite moments with the Norfolk Innovation Corridor, which took place in September. Fourteen representatives from the NIC team traveled to Austin, Texas, to visit the Siemens Ingenuity Center and the Austin Innovation District. The Norfolk Innovation Corridor aims to encourage growth in entrepreneurship […]
Read MoreWARSAW, Ind., Jan. 5, 2023 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that it has reached a definitive agreement to acquire Embody, Inc., a privately-held medical device company focused on soft tissue healing, for $155 million at closing and up to an additional $120 million subject to achieving future regulatory and commercial milestones […]
Read MoreWe are excited to formally introduce you to the front door of the Norfolk Innovation Corridor: Assembly! Assembly, located in the heart of downtown Norfolk, Virginia, is designed to foster connections and spark new ideas. It stands as a symbol of inspiring creators and tech innovators together in one iconic building campus. Assembly intentionally placed […]
Read MoreWe 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 […]
Read MoreFunds 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 […]
Read MoreNORFOLK, 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%.
Read MoreThe 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 […]
Read MoreRICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 11 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy.
Read MoreSMITHFIELD, 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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