As the year winds down D.C. tech companies are racing to get the last projects and funding rounds closed. Last week a number of acquisitions and funding rounds were announced, as well as new office openings in the D.C. area. Here’s the tech news you may have missed last week. This is the Built In D.C. weekly refresh.
Robotic Research raised $228M. The Series A round marks the company’s first time raising outside capital and will be used to further innovate and expand its commercial division. This division develops and deploys autonomous vehicles — such as buses and various transport trucks — integrating its AutoDrive ADS into these vehicles to handle complex driving environments. [Built in DC]
Symplicity acquired Orbis. The Arlington-based higher education career and student engagement platform acquired Orbis, a Canadian experiential learning company, for an undisclosed amount. Together the two companies will have access to a more expansive employer network. The deal will also bolster Symplicity’s experiential learning offerings. [Built In DC]
D.C. Tech Quote of the Week
Tribaja opened a new office in Richmond. The diverse talent recruitment platform introduces Black, Indigenous and people of color (BIPOC) tech workers to equitable workplaces looking for new talent via its robust Slack community. Before working with a company, Tribaja goes through a vetting process to make sure the employer is dedicated to diversity, equity and inclusion (DEI). [Built In DC]
Xometry acquired New York-based Thomas. The deal was valued at $300 million in cash and stock and is expected to expand Xometry’s customer base as well as its digital marketing capabilities. Thomas, an industrial sourcing and marketing company, connects 1.3 million registered industrial professionals with more than 500,000 businesses. Xometry will be able to offer its new expanded customer base on-demand manufacturing of parts and prototypes. [Built In DC]
Adlumin brought in $25M. The cybersecurity company uses an AI-enabled approach to automate compliance and security issues. The funding will allow Adlumin to make investments in the platform’s channel program. [Built In DC]
These tech companies moved their headquarters to D.C. this year. Companies new to the DMV migrated from all over the world, some moving from as close as the next town over while others based in Finland opted to open a new U.S. headquarters in the region. Walkability, better transit and comparative affordability enticed many of these companies to move east. Companies making the move include Cybrary, Amazon and Cloudpermit, to name a few. [Built In DC]
