St. Louis and Missouri

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Benson Hill Biosystems continues strong fundraising efforts

By Tom Chapman / August 8, 2019

In early August 2019, Benson Hill Biosystems filed documents with the Securities and Exchange Commission that the firm had raised $32 million in incremental funds. This fundraising filing follows a November filing of a $65 million raise, including regional funds – Mercury Fund, iSelect Ventures, and Lewis & Clark Ventures. The company provides a variety…

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First fundings research report

By Tom Chapman / August 2, 2019

In talking to Jessica Straus, Dundee Venture Capital’s new Venture Partner, it occurred to me that we should write an update on first fundings in what Strauss called the “mighty middle”. This paper describes first fundings.  First fundings are a recordation of companies that raise capital for the first time.  This paper uses Pitchbook data…

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Compat.io: cloud-based software increasing revenue and margins of businesses

By Justin Krug / July 6, 2019

Compat.io, a Springfield, Missouri based company, recently raised $890K in late June. The purpose of the funding was to help the one-year-old company generate revenue and was completed by an individual angel investor. Compat.io improves the omnichannel retail experience by providing highly accurate product recommendations that increase per-transaction revenue and reduce the costs of product…

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Healium: powering virtual worlds with the brain

By Justin Krug / July 5, 2019

StoryUP, the makers of a virtual stress relief product called Healium, has made some serious headway recently. The Missouri-based startup was selected from a pool of 5,000 applicants from 120 different countries to present at the Global Entrepreneurship Summit at the Hague in the Netherlands June 3-5. “We were delighted to be selected and even…

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Flywheel’s New Owner: About WP Engine

By SPN Team / June 27, 2019

Flywheel is an Omaha-based startup that has helped designers create, build, host, and manage WordPress sites. The deal was described as the largest of its type in the WordPress industry in a press release by the acquiring company – WP Engine.

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Your guide to the Heartland’s 1 Million Cups events

By Razia Aziz-Seible / June 17, 2019

1 Million Cups was developed in Kansas City, MO in 2012 by Co-Founders Cameron Cushman and Nate Olson who were working at the time on the Entrepreneurship Team at the Ewing Marion Kauffman Foundation.  What began as an experiment to bring entrepreneurs in one city together over a cup of coffee towards a goal of…

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St. Louis-based CoverCress Inc. named to Wells Fargo Innovation Incubator’s agtech program

By Christine McGuigan / May 23, 2019

St. Louis-based CoverCress Inc. has been selected for Wells Fargo Innovation Incubator’s (IN2) first agtech cohort. IN2 is a $30 million technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the National Renewable Energy Laboratory (NREL) CoverCress Inc. is one of only five agtech companies selected for the incubator, and will…

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