Newspaper article St Louis Post-Dispatch (MO)

Ag Venture Company Expands to St. Louis

Newspaper article St Louis Post-Dispatch (MO)

Ag Venture Company Expands to St. Louis

Article excerpt

TechAccel LLC, a Kansas City-based venture and technology development organization, is expanding to the St. Louis area, where it has leased space at the Donald Danforth Plant Science Center in Creve Coeur.

Terms of the lease agreement were not disclosed.

The company, founded in 2014, invests in early-stage ag tech companies. Among startups with St. Louis ties that it has funded are Benson Hill Biosystems and Agrivida Inc.

TechAccel and the Danforth Center collaborated previously when the ag venture group provided $250,000 in grants to Danforth Center to demonstrate proof-of-concept or commercial feasibility studies with principal investigators affiliated with the Danforth Center.

In St. Louis, TechAccel is looking to make equity investments in small companies as well as help extend companies' technology to additional markets. …

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