SafeTrek Raises $3.2M Series Seed Preferred Round to Build Personal Safety

Financing Led by Cultivation Capital with Participation from NEA, Maveron, Aspect ST. LOUIS (MO) August 30, 2017 – SafeTrek, a leading personal safety focused technology company, today announced it has closed a $3.2M Seed round of financing led by Cultivation Capital, with participation from global venture capital firm New Enterprise Associates (NEA), Maveron (former Starbucks’ CEO Howard Schultz’s venture firm), and Aspect–a 100% women-founded venture...

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Silicon Valley Investor Ups Biotech Startup’s Latest Funding Round to $57 Million

“Galera Therapeutics, a biotech startup born out of research in Dennis Riley’s lab at Monsanto Co., has added $15 million to its latest funding round, bringing the raise to $57 million overall. The new money comes from Sofinnova Ventures, a Silicon Valley-based clinical-stage biopharmaceutical venture capital firm with approximately $2.2 billion under management.” Read the full Business Journal article here.

2016 Was A Very Big Year For New Venture Funds Launched In St. Louis

“2016 was the best year for launching new venture funds in St. Louis history. RiverVest, Cultivation Capital, and Lewis and Clark each raised new funds for the second consecutive year. Both SixThirty and The Yield Lab launched new accelerators in 2016. Notable numbers include: $218 million raised by 8 venture funds $133 million was raised by bioscience and plant science funds $85 million raised by...

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Hexanika Looks To Lead The RegTech Revolution

“Want to overhaul a traditional industry? Take a problem, stir in technology and voila: Uber and Lyft upend standard transit options, AirBNB takes on the hospitality industry and Square revolutionizes how both small and big businesses make transactions.  We can easily reference the game-changers above because they’re companies that often directly affect us; we use the apps and reap the benefits. But there are still plenty...

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ST. LOUIS, MO (November 29, 2016) – SixThirty, a St. Louis-based business development accelerator and venture fund that invests in late seed-stage financial technology (FinTech) startups, is accepting applications for its spring 2017 cohort. SixThirty invests in FinTech startups with working products and focuses on business development and revenue acceleration. Selected companies will receive up to a $100,000 investment in exchange for a negotiated percentage of...

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Bluebridge Sells Business Units for $8M to Focus on Emplify’s Growth

“Bluebridge, a Fishers, IN-based software company specializing in mobile apps for churches, employers, and tourism entities, announced last week that it sold off two of its business units in order to devote its energy to Emplify, its fast-growing employee engagement app. PushPay‘s e-church division, based in Redmond, WA, acquired Bluebridge Churches, while Tucson, AZ’s Simpleview bought Bluebridge Tourism. The two separate transactions netted Bluebridge a total...

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Meet Tim Stern: General Partner Of Cultivation Capital

“Timothy Stern, a General Partner at Cultivation Capital, knows what it takes to build a company. He also believes that innovation and a focus on technology is what will keep St. Louis thriving. We sat down with Stern to discuss his path to becoming a successful investor and the future of STL’s tech scene.” Read the full EQ article here.

The Best Survivalist Apps To Get You Out of Tight Situations

“Your phone can entertain you, inform you, and keep you connected to the people that matter the most—but it can also be a help in times of emergency. Whether you find yourself in a genuine life-and-death situation or just an awkward social encounter, your phone can help you escape. These are the apps you should keep installed in case of emergency.” Read the full Gizmodo...

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Wind Info and BondIT Establish Strategic Partnership to Bring AI to Fixed Income Markets

“SHANGHAI, November 7, 2016 /PRNewswire/ — Wind Info and BondIT have established a strategic partnership to bring AI and machine learning techniques to global fixed income markets, with an initial focus on more mature international markets, followed by rollout to the Chinese market. The partnership will build on BondIT’s global expertise in big-data and machine learning, and will leverage Wind Info’s comprehensive data-sets and distribution...

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