DC's been seeing some historic cash flow. Companies raised $5.4 billion in VC in 2025 — second highest annual total in a decade — though only certain (established) companies are getting the big bucks. I've got all the numbers and analysis below.  

Speaking of unparalleled money, Commanders owner Josh Harris just bought a $28 million Georgetown mansion in a record-breaking home sale. Why am I telling you about a sports owner purchasing real estate? He's the new owner of the former Halcyon House. 

—  Kaela, Technical.ly lead reporter in DC and Virginia

Ending the year with a $5.4B 🎇

DC-area startups raised $5.4 billion in 2025, closing in on the region’s decade-high venture capital peak. However, the annual total this time came from just 323 deals, about 25% fewer than four years ago.

That’s according to the latest PitchBook-NCVA Venture Monitor report, which showed $2 billion across 84 deals in the Q4, on par with the previous quarter. A handful of mega-rounds carried the year, while early-stage fundraising remained uneven.

“Even though the deal flow had a nice uptick in 2025,” Tommy White, the director of the Veloric Center for Entrepreneurship at American University, told me, “I would say it is a mixed message for startups, particularly those at the early stages of fundraising.” Continue reading ... 

Trading pitch decks for footballs

Before this $28 million sale, startup accelerator Halcyon had used the historic Georgetown mansion as a hub for global entrepreneurs to grow their businesses, with fellows traveling across the world to take part in accelerators and live in the house.

The organization recently relocated its programming to a downtown DC WeWork. 

The 30,000-sq.-ft. building, formerly owned by Sachiko Kuno, Halcyon cofounder and pharmaceutical entrepreneur who turned her millions to philanthropy and social enterprise, will likely be converted back into a single-family home as Harris takes over. Continue reading ...