Monsanto Co. said Tuesday it entered into an agreement for a multi-year collaboration with Sapphire Energy Inc. to leverage Sapphire’s algae research to discover genes that could be applied to agriculture.
Under the agreement, Creve Coeur-based Monsanto, led by Chairman, President and CEO Hugh Grant, and San Diego-based Sapphire, led by CEO Jason Pyle, will collaborate on algae-based research projects, and Monsanto will make an equity investment in Sapphire. Financial terms were not disclosed. Sapphire Energy applies synthetic biology to produce drop-in replacement fuels such as gasoline, diesel, and jet fuel from algae.
St. Louis and Kansas City were recently named the number 1 and number 10 cities, respectively, in the U.S. for fastest-growing startup scenes in the tech sector. The accolade came from ... Read More
Edison Agrosciences, a biotech company originally from Durham, North Carolina, announced Monday it plans to relocate its headquarters to St. Louis. To help facilitate the move, the BioGenerator and Missouri Technology ... Read More
Vinuity, an IT services company, is adding 50 jobs over the next three years in Cape Girardeau. ... Read More
Square Inc. has started the transition from its temporary office space in the CIC@CET building to its newly developed space in @4240, where it plans to hire 200 workers for its ... Read More
Charter Communications plans to bring more than 200 new jobs to the St. Louis-area with the development of a new call center. Formerly Northwest Plaza Shopping Center with its trademark rotunda, ... Read More
Among the headlines for this week’s development news: 2015 was another great year for Missouri, State’s general revenue report shows growing economy, Automotive sector helping drive state’s economy, Missouri’s graduation rate ... Read More
Earlier this week in Detroit, representatives from the U.S. automotive industry met with Missouri Governor Jay Nixon, along with Mike Downing, Director, Missouri Department of Economic Development during the Missouri Partnership’s “Missouri ... Read More
The federal government is funding a monumental project to map 200,000 human genomes in an effort to understand the genetic causes of common diseases such as cardiovascular disease, diabetes, epilepsy and ... Read More
The Missouri Department of Economic Development today announced that a Windsor-based company specializing in industrial food processing equipment is adding a second location in Windsor where it will add eight new ... Read More
Industrial plastics manufacturer PolySol is relocating its headquarters from Michigan where it was founded nearly two years ago to Farmington, Missouri, where it plans to create 17 jobs and make a ... Read More