The growing business is the brainchild of Lori Coulter and Reshma Chattaram Chamberlin, serial entrepreneurs with complementary skill sets who managed to find each other and make a go of an ambitious business plan from their shared home of St. Louis…
News
Downshift Puts Balto Back on Track
Its team may be 60% smaller, but Bernstein contends Balto is a better business today than it was as a faster growing enterprise. The layoffs and cost-cutting measures helped it to refine operations, particularly around product development and sales, which are up nearly 150% from where they were…
Cultivation Partners Active in Supporting WashU Entrepreneurs
Five years ago, WashU Olin launched a new opportunity for budding student entrepreneurs to earn their first outside investment in a startup idea. The Holekamp Seed Fund premiered in October 2018, thanks to a gift from Cliff Holekamp, MBA 2001, who served as the first academic director for Olin’s entrepreneurship program…
The Yield Lab Sees Opportunity in Animal Tech
Animal health is often viewed as a difficult play for VC funds and other investors. Long development cycles, complexity of regulations and the markets, low margins, and costs pressure for farmers without mentioning the strong push to shift from animal protein to plant-based meat and milk…
Microsoft Offers Be My Eyes Customer Support
Microsoft Corp. is teaming up with Be My Eyes, an app for blind and low-vision people, to make it easier for them to access the company’s customer service. Founded in 2015, Be My Eyes connects blind or low-vision individuals with sighted volunteers who can help them tackle tasks that otherwise might be impossible to accomplish…
OpsLab Raises $5M Seed Round
OpsLab, an Austin, TX-based provider of smart assistants to solve operational planning, tracking and recovery problems at scale, raised $5M in Seed funding. The round was led by Cultivation Capital and joined by Storm Ventures…
Geneoscopy Signs Distribution Agreement with Labcorp
Geneoscopy Inc., a life sciences company focused on the development of diagnostic tests for gastrointestinal health, today announced a strategic collaboration with Labcorp, a global leader of innovative and comprehensive laboratory services. This multi-year agreement will increase access to Geneoscopy’s next-generation colorectal cancer screening test, which offers at-home collection and high sensitivity for early cancer detection…
MTC Awards Funding to iSite Media and Aptimmune
Missouri Technology Corp. (MTC) has committed funding to five St. Louis-based startups in its newest batch of venture capital investments. MTC said last week it has awarded $2.4 million in equity funding to 10 startups, five of which are based in the St. Louis region…
Ad Age Recognizes Reshma Chamberlin
Growing up in Mumbai, India, Reshma Chattaram Chamberlin had several strong female role models, including her grandmother, the actress and director Shobhana Samarth. So, it’s unsurprising that the entrepreneur and brand executive has made female empowerment a cornerstone brand trait of Summersalt, the direct-to-consumer swimwear brand she founded in 2017 with Lori Coulter…
Don Hardison Appointed Board Chair at Geneoscopy
Geneoscopy, a life sciences company focused on developing diagnostic tests for gastrointestinal health, has appointed Don Hardison to Chairman of its Board of Directors. With a career spanning over 40 years in executive leadership roles in emerging and Fortune 500 diagnostics, biotechnology, and life sciences companies…