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BizJournal 💲📰

BioGenerator portfolio tops $2.5 billion in follow-on capital for St. Louis bioscience companies

2 years 5 months ago
Venture capitalists from around the world are taking note of St. Louis’ bioscience startups and contributing to an impressive $2.5 billion raised by BioGenerator’s home-grown portfolio of companies. In the past year, 94 percent of venture capital flowing to BioGenerator-backed companies came from outside of St. Louis, giving the startup arm of innovation umbrella organization BioSTL a hefty 75:1 leverage for every dollar it has invested. The nonprofit BioGenerator – the only seed or venture…
BioSTL

Purpose-led offices: An emerging trend shaping the future of work

2 years 5 months ago
As employers navigate the twin challenges of a talent shortage and workers’ shifting expectations, a trend in workplace design is emerging. Companies are reconfiguring their office space to create a more enticing and collaborative environment, one that focuses on facilitating high-quality work while also nurturing employees. The designs swap private offices and dedicated workspaces for more creative team zones and comfortable places to land for occasional solo work. In this new trend, offices…
Lauren Lawley Head

Lambert records highest outgoing passenger volume since start of pandemic

2 years 5 months ago
Last week, St. Louis Lambert International Airport saw its highest outgoing passenger volume since before the Covid-19 pandemic began. The airport reported Tuesday that for the week of March 13-19, the Transportation Security Administration at Lambert recorded 124,972 outgoing passengers through its security checkpoints. That is the highest number of passengers Lambert has seen go through security since it started recording those numbers when the pandemic began in March 2020. That number doesn't…
Kelsi Anderson, KSDK

St. Louis gas prices down 7 cents as national average sees first drop in 12 weeks

2 years 5 months ago
Average gas prices in St. Louis saw a dip this week but remained high as the national average saw its first price drop in 12 weeks, according to a recent survey from GasBuddy. Prices were averaging $3.98 per gallon in St. Louis as of Sunday, a drop of 7.5 cents from last week. The average was still 69.6 cents higher than a month ago and $1.18 higher than a year ago. The national average as of Monday was $4.23. The drop comes after weeks of an unprecedented rise in gas prices. In early March, average…
Kelsi Anderson and Michelle Li, KSDK

Family-run restaurant closing on South Grand after nearly 40 years

2 years 5 months ago
A fixture on South Grand will close its doors and usher in new changes after nearly 40 years. Café Natasha owner Hamishe Bahrami announced Tuesday she’s stepping down and will retire at the end of April. Between now and then, the St. Louis community is welcome to dine in and enjoy the Persian stews and kabobs they’ve been serving up for decades. “The St. Louis community has shown such incredible support for Cafe Natasha over the years, and that didn’t even change during the pandemic,”…
Dori Olmos, KSDK