Newsletter

DC daily roundup: How to fundraise in this economy; meetups return; Pentagon satellite launcher concerns

Plus, the Johns Hopkins lab targeted by pro-Palestine protestors — and its $12 billion in federal awards.

The National Museum of the American Indian in Washington DC on January 29, 2024. (Robb Hill for Technical.ly)

Welcome to the daily roundup of the latest from DC's tech and entrepreneurship scene. Want this in your inbox? Subscribe for free.

Storytelling, relationships and more fundraising tactics

At Technical.ly’s recent annual Builders Conference, CEOs working in wearable devices and fusion energy joined a fund manager to discuss financing and investor relations with fellow entrepreneurs.

One key takeaway: Funding is much harder to nab now than in recent years, so how you pitch is everything.

“You have to be able to tell a story,” said Amit Kumar Singh, CEO and cofounder of NearStar Fusion in Chantilly. “Why are you going to succeed where others are not?”

➡️ Read more about the discussion in my latest article.

Tech meetups bounce back

Attendance may never fully recover, but the promise of making friends and learning new skills keep the groups popular, organizers told Technical.ly.

“I love these kinds of events where you just get to come together,” one organizer with Philadelphia JavaScript club told Philly reporter Sarah Huffman. “It’s great to meet as many people as possible and just talk about code.”

➡️ Learn more about the importance of meetups in Sarah’s latest article.

News Incubator: What else to know today

• The Pentagon expressed concern that its primary satellite launcher cannot keep up with and counter China. [Washington Post]

• Fans of Maryland indie music festival All Things Go described frustrating experiences securing tickets. Many are blaming Ticketmaster. [WTOP]

• Students at Johns Hopkins University are calling on the school to divest from Israeli companies. Protestors particularly focused on a university research facility, based in Laurel, that receives more than $1 billion every year from the Pentagon. [Baltimore Banner]

• Northern Virginia is the fastest-growing data center hub in the US, according to data from CBRE Research. Atlanta is following behind. But electricity demands are undercutting green energy goals. [Wall Street Journal]

•  A Maryland Institute College of Art alum developed a play system that can connect and adapt to Expo dry-erase markers for team-building exercises. [Technical.ly]

🗓️ On the Calendar

• The Women Tech Leaders Summit, which brings together women working in the federal government, takes place on May 15. [Details here]

• There’s a planned breakfast on May 16 for recently laid-off tech industry workers [Details here]

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Major state funding boost means more Maryland college students can get tech internships

Cal Ripken Jr. essay: The MLB legend explains his drive to build STEM centers in schools across the nation

The end of software as technology

From quantum to biotech, meet this year’s Maryland Tech Council ICON nominees

Technically Media