DC Inno Fire Awards: Learn Why These DC-area Firms are on Fire

DC Inno Fire Awards: Learn Why These DC-area Firms are on Fire

In the world of entrepreneurship, we know all the feasible outcomes.

A company could go up in flames. Its business model could fizzle out. Its operations could flicker on reliably for years. Or it could just really be on fire, enough to, maybe, perchance, conceivably, explode into a raging success, disrupting its industry and creating a corporate legacy.

These companies you’ll read about below? They’re on fire. Whether they fizzle or remain fiery, time will tell. Some have raised millions — in some cases, hundreds of millions — while others have bootstrapped. Some have expanded locations, others have pivoted in new directions. Some have hoisted up their revenue, others their hiring. Some are younger than we’d normally spotlight, but have shown some veteran hustle on the pitch competition circuit, so we wanted to highlight them now. Some are making their industries more equitable, others are making their industries more efficient.

Either way, they’re all worth your attention. We’ve selected these companies based on nominations to the Washington Business Journal and DC Inno, as well as our own news coverage from the past year. We categorized them by what they do or whom their products are targeting.

For each category, we have selected a “Blazer,” an entity so red-hot that it’s just plain dangerous to ignore it. So take some time and get to know our 2022 class of Fire Awards honorees.

Robotic Research — Blazer winner

The Clarksburg autonomous and robotic systems company was already one of the region’s fastest-growing companies in 2020. Now imagine its speed with another $228 million in hand from a Series A funding round in December from such high-profile names as SoftBank Vision Fund 2, Crescent Cove Advisors, Henry Crown and Co., Luminar Technologies Inc. and Chevy Chase private equity firm Enlightenment Capital, which focuses on the government contracting sector. Robotic Research, which serves several government and military agency clients, was founded in 2002 by CEO Alberto Lacaze, who holds 100-plus patents in robotics technology.

For Full Story, Please Visit: https://www.bizjournals.com/washington/inno/stories/awards/2022/08/26/dc-inno-fire-awards.html?b=1661517607%5E22130112

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