Brian Matthews has been launching technology companies in St. Louis for nearly 20 years, and he says the region has more momentum than ever.
The biggest threat to that momentum, he says, is a lack of cash. The region's bumper crop of promising startups need capital to keep growing, and they need it in amounts that may be hard to raise in St. Louis.
Capital Innovators, a downtown accelerator program, showed off a dozen technology companies that are seeking at least $7 million from investors. A half-dozen local medical firms, all of which started with help from the St. Louis Biogenerator, were prospecting for $40 million at last week's InvestMidwest forum.
To read the full, original article click on this link: Startups face a funding gap in St. Louis
