Despite the heat, it was a busy month of getting things done in DC! We love reading DC Money Moves in Technical.ly, so we were thrilled to make the headline this week. The Rhizome team is proud to be highlighted alongside some major headlines. A big thank you to Kaela Roeder and Sameer Rao for the spotlight! #TechNews #AI #funding #DC #Startups
Rhizome, a DC-based software company, raised an additional $1M seed for their new platform helping electric utilities alleviate wildfires. Defense tech giant Honeywell acquired Arlington’s CAES Systems Holdings, hoping to grow their aerospace business. Prince George’s HighT-Tech INC will use $3M seed to continue developing their efficient heating technology. And that’s not all — find more DC Money Moves this month here. https://lnkd.in/gq86uZxy #DC #MoneyMoves #Funding #Acquisition