Agricultural Biotechnology Firm, Benson Hill Biosystems, Expands Its St. Louis, Missouri, Research Facility
08/01/2013
The Missouri Technology Corporation invested $175,000 in the agricultural biotechnology startup company through its Missouri IDEA Funds. The Missouri Technology Corporation, housed within the Missouri Department of Economic Development, is a non-profit corporation focusing on promotion of entrepreneurship in Missouri and fostering the growth of emerging high-tech companies.
Missouri and the Donald Danforth Plant Science Center in St. Louis offer resources uniquely catered to Benson Hill’s mission, the state Department of Economic Development said. The state’s leadership in the life science industry and startup friendly environment played a key role in the company’s decision to locate here, state officials said.
“Missouri is the place to be for budding tech companies and we’re excited to announce Benson Hill Biosystems as our newest partner,” said Bill Anderson, Acting Executive Director of the Missouri Technology Corporation. “Missouri’s extensive plant science resources and world class talent provides the infrastructure for high tech companies to grow and succeed. And Benson Hill’s decision to locate here further solidifies that.”
In addition to MTC’s investment, Benson Hill Biosystems received an additional investment from BioGenerator, a private entrepreneur support organization and early-stage capital fund based in St. Louis, as well as the Helix Fund, an early-stage plant and life sciences investment fund administered by the St. Louis County Economic Council.
“The team at Benson Hill is world-class and the company’s existing research and industry partnerships position it well for growth,” said Dan Broderick, Vice President of Investments at BioGenerator. “Benson Hill’s expansion in St. Louis will enable the company to take advantage of the region’s unique collection of ag bioscience assets – including preeminent research facilities and talent, startup support, and networks to agtech investors.”
Project Announcements
Flash Steelworks Expands St. Clair County, Michigan, Operations
02/09/2025
Coast Packing Company Establishes Amarillo, Texas, Operations
02/09/2025
CC Patio Establishes Phoenix, Arizona, Manufacturing Operations
02/09/2025
Cold-Link Logistics Plans Lumberton, North Carolina, Warehouse Operations
02/09/2025
PBS Aerospace Plans Roswell, Georgia, Headquarters-Research Operations
02/09/2025
Aster Brands Plans Little Traverse Township, Michigan, Headquarters Operations
02/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024