Government Stories
A high-tech funder planted seeds in 135+ Missouri startups; three bloomed into $1B+ unicorns in the past six months
When news broke this week that St. Louis-based plant tech firm Benson Hill reached a $2 billion valuation, it marked the third “unicorn” minted among MTC-funded companies in the past six months, said Jack Scatizzi. “Early-stage investing takes patience and the results can’t be rushed,” said Scatizzi, executive director of the Missouri Technology Corporation, noting…
Missouri House advances pro-entrepreneur bill that would lower taxes on self-starters
A vision to make Missouri more entrepreneur-friendly moved closer to reality Monday as state legislators passed a first-in-the-nation Right To Start Act, advancing the bill to the Senate on an 85-69 vote. “We made progress today to make Missouri a state that welcomes risk takers, the crazy ones, who want to build the next generation…
Overland Park startup secures $41M as infrastructure gets new focus amid COVID, Biden presidency
A massive round of Series B funding will boost Replica’s data platform as it changes how cities are planned and operated — especially in the wake of a global pandemic and a renewed emphasis on infrastructure spending from the federal level down, said Nick Bowden. The $41 million round was led by Founders Fund and…
Mayor announces 500 paid summer internships for at-risk KC youth; employers urged to signup
An effort backed by Kansas City’s mayor and a coalition of nonprofit groups hopes to reduce violence impacting KCMO’s at-risk teens by expanding employment opportunities. The “Working for Youth” formula announced Thursday: 500 paid summer internships to grow the city’s capacity to train, coach and employ young people — specifically focusing on 10 percent of…
Rapid response, rapid scaling: Why the feds prescribed ModRN Health to meet nation’s indefinite demand for holistic virtual care
Kansas City-dispensed ModRN Health is scaling up and scrubbing in — working to help the U.S. government provide critical care on demand. The virtual primary care solutions startup has entered into a two-year indefinite demand and indefinite quantity (IDIQ) contract with the federal government — expanding its offerings beyond primary care and into critical care as…