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DC news

DC-startup Emerald AI raises $22.7 million in new funding Emerald AI, a D.C. startup targeting the data center industry and backed by AI giant Nvidia Corp., has landed $22.7 million in new funding, according to a Securities and Exchange Commission filing. The company, founded by former Biden administration official Varun Sivaram, raised the funding from 20 investors. DC …

Niron Magnetics opens DC office Niron Magnetics, a Minneapolis company that makes magnets using U.S.-based raw materials, has opened a D.C. office to showcase how its products can reduce reliance on Chinese materials. The company leased 1,800 square feet at 801 17th St. NW, where it will house three full-time employees focused on government affairs …

DC lobbying shop Public Policy Holding Co. raises $51M in IPO, eyes M&A D.C.’s newest public company, Public Policy Holding Co., aims to continue its rapid clip of acquisitions, now armed with $50.8 million in fresh capital following an initial public offering … Like many government affairs, public relations and strategic communications firms, PPHC got …

DC startup Ressio raises $8.75M to expand AI tools for residential construction D.C. startup Ressio has raised $8.75 million in Series A funding to bring more AI-powered software tools to residential construction. “With this funding, we’re pouring gasoline on our rapid product development model that starts with direct customer input,” (CEO and cofounder, Mitchell) Kasselman …

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