News

Lighthouse Labs rebrands as Lighthouse Network, shifts focus to long-term founder development

Longtime Richmond accelerator Lighthouse Labs is rebranding to better reflect its commitment to startup founders.

The organization will now be known as Lighthouse Network and will make a “renewed focus” on long-term, human-centered development of founders, it said in its announcement.

“We’ve always believed that when founders thrive, so do their companies,” Debbie Irwin, who became the organization’s executive director in February 2024, said in a statement. “This transition to Lighthouse Network reflects what we’ve been doing for years — walking alongside founders, helping them navigate the messy middle and building the kind of trust and support systems that aren’t found in a typical accelerator.”

The changes include year-round founder support through mentorship, curated investor connections and targeted programming. That will include strategic events like its Founder Network Summit, Investor Connect and Demo Day. Lighthouse will host just one accelerator cohort per year, something it announced in February when it announced the program’s 18th cohort. It previously hosted two a year.

In the past, companies received $20,000 in equity-free financing for being selected to a cohort. But that ended this year, and it instead expanded what it calls “high-impact services” like fractional CFO support, mental health resources and deeper relationship building with investors.

Lighthouse said it will also work to grow a national network rooted in Richmond of founders, mentors and partners committed more to long-term success as opposed to short-term outcomes.

Along with the new name, the rebrand includes a new visual identity, messaging and website that Lighthouse says better reflects its broader vision and nationwide push.

“This isn’t just a name change,” Irwin said in a statement. “It’s a commitment to the people building bold ideas — and a recognition that founders need more than funding to succeed. They need community, connection and a place that sees them as humans first.”

Read more here.

Recent News

06/02/2025

Virginia Tech researchers find promise in a new peptide drug to combat a deadly brain cancer

A lab-designed molecule developed and extensively studied by scientists with Virginia Tech’s Fralin Biomedical Research Institute at VTC could represent a breakthrough in slowing tumor recurrence in glioblastoma, an aggressive and deadly form of brain cancer. In a study published May 16 in Cell Death and Disease, researchers identified a previously unknown trait of cancer cells that

05/28/2025

Brandy Salmon named Virginia Tech’s first vice president for innovation and partnerships

Brandy Salmon, who since 2017 has led Virginia Tech teams focused on connecting the university with corporations, foundations, and alumni worldwide has been named the university’s first vice president for innovation and partnerships. “True collaboration between higher education, government, and industry is essential for success in today’s evolving landscape,” said Virginia Tech President Tim Sands.

05/28/2025

Avera Joins Civica to Help Minimize Risk of Drug Shortages

Civica, a nonprofit pharmaceutical company created to prevent and mitigate drug shortages, announced today that Avera, a leading nonprofit healthcare provider in the Upper Midwest United States, has joined the company in helping protect patients from the impact of drug shortages of essential generic sterile injectable medicines. Drug shortages are a persistent challenge to the