Since raising $172 million from investors, drug development startup Wugen has made significant progress on its efforts to develop new cancer treatments, including the launch of a clinical trial.
As a teenager, inspired by the stories of some of America’s top technology entrepreneurs, Jim Eberlin began to be interested in launching companies of his own. He was motivated by the likes of Bill Gates of Microsoft, Apple’s Steve Jobs and Larry Ellison of Oracle Corp. Decades later, Eberlin has created a story of his own that can inspire other nascent entrepreneurs.
Nerdy and Benson Hill's transition from 'unicorns' to publicly trade companies may not have been as smooth as hoped, but each company's CEOs say their trajectory is far stronger than the price of their shares.
Fire Awards: Finalist - Fire starters/community builders
Responsible for leading entrepreneurship initiatives at Washington University, the Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship helps the university’s students, faculty and alumni launch and grow their own startup ventures. With that, the center has had an active role in developing the next generation of local entrepreneurs. In the 2021-22 academic year, it provided nearly $100,000 in nondilutive funding to startups.…
Since its launch in 2021, the Harris-Stowe State University Minority Entrepreneurship Collaborative Center for Advancement, or MECCA, has moved fast to be a resource for minority entrepreneurs.
As an innovation hub focused on advancing the region’s bioscience industries, BioSTL has placed an emphasis on promoting diversity, equity and inclusion in St. Louis’ innovation economy by helping minority entrepreneurs create and grow startups in the bioscience sector.
UMSL Accelerate, the entrepreneurship program of the University of Missouri-St. Louis, has played a key role in seeking to boost the diversity of St. Louis’ startup economy. In 2021, it launched its UMSL DEI Accelerator, which has provided $50,000 to 11 startups led by minority founders.
Since inking a partnership with the Donald Danforth Plant Science Center in 2018, the Wells Fargo Innovation Incubator (IN2) has placed a focus on elevating agtech startups in St. Louis.
Fire Awards: Finalist - Catalysts/investors
In April, Cultivation Capital celebrated a major milestone, marking a decade of startup investments in St. Louis. With its launch in 2012, Cultivation Capital sought to fill what it believed was a funding gap locally for early stage software startups. Since then, it’s amassed an investment portfolio of more than 150 startups, backing companies in the software, agtech and life sciences sector. In 2021, it expanded its investment thesis, launching a…
With a 32,000-square-foot, high-tech knit manufacturing facility in Grand Center, Evolution St. Louis aims to help companies keep their manufacturing in the U.S. and continue St. Louis’ prowess in garment manufacturing.
Missouri’s Lt. Gov. Mike Kehoe said help is on the way for struggling businesses and families impacted by Tuesday’s floods.
Kehoe said everything is in order to get Federal Emergency Management Agency (FEMA) help. He expects the damage total to far surpass the threshold to qualify.
He visited St. Peters and St. Louis on Wednesday. In St. Peters he was accompanied by Missouri Reps. Ron Hicks and Tony Lovasco, Republicans from O'Fallon and Defiance, respectively. Kehoe said his office has also…
The carpenters union — dogged by scandal — has been writing some pretty big political checks lately. They’re mostly aimed at influencing Republican primaries in state Senate races.
Spirit's board of directors reversed their decision Thursday after repeatedly rejecting JetBlue's unsolicited bids on the grounds that a Spirit-JetBlue deal would not withstand regulatory approval.
Stifel’s chairman and CEO noted that the Federal Reserve Board has become “very hawkish” in addressing inflation. “Going forward, I expect increased volatility and more uncertainty. We will manage our business accordingly,” he said.
Most of the tenants are signed and nearing construction for the first phase of a developer’s new $70 million Metro East shopping complex, with a restaurant tapped as the latest tenant.
Ferguson-based technology and engineering firm Emerson Electric said its new software subsidiary, Aspen Technology, has made its first acquisition under Emerson's majority ownership, a deal that likely foreshadows future deals.
One of the region's largest caterers has opened its newest event venue — called 18 Rails | The Venue @ City Foundry STL — after first announcing the project in 2019.
"We know that the modernization of finance continues to be a strong tailwind of the economy, and we are well-positioned to use these changing times as an opportunity to source strong deals and support budding companies…"
Metro Transit warns customers that its services are delayed due to flash flooding conditions on Tuesday.
Historic rainfall moved into the St. Louis area overnight Monday and into the early morning Tuesday, causing flash flooding.
Metro Transit announced that its MetroBus, MetroLink and Metro Call-A-Ride are all affected by these conditions.
KSDK talked to Taulby Roach, president and CEO of Bi-State Development, which oversees Metro Transit. He said he's asking the Federal Transit Administration…
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