Missouri Minute: Benson Hill raises $60 million; Zane Burke leaving Cerner

Here are today’s top headlines from across Missouri:

Agtech firm Benson Hill raises $60 million round led by Alphabet VC arm

St. Louis-based biotechnology company Benson Hill Biosystems announced Monday it has raised $60 million in a Series C funding round led by GV, the venture capital arm of tech giant Alphabet, Inc. Benson Hill will use the capital to work on its CropOS technology, which aims to accelerate the development of new crops through the use of machine learning and big data. Read more

Cerner President Zane Burke leaving company

Zane Burke is stepping down as president of Cerner, and the North Kansas City-based health care IT company has not named a replacement for the role. The company, which is Kansas City’s largest private employer, did not offer a reason for his departure. Read more

MU Health Care reports progress on acquisitions, increase in annual revenue

University of Missouri Health Care’s negotiations to purchase two mid-Missouri hospitals are “progressing nicely,” the health system’s chief executive reported at a board meeting Monday. Also at the meeting, MU Health shared financial results for its 2018 fiscal year, reporting revenue of more than $1 billion — up 7.4 percent from 2017 — and operating income of $104 million. Read more

Sugarfire to continue growth with debut of Cape Girardeau restaurant

Sugarfire Smoke House is set to open its 11th restaurant next week in Cape Girardeau, marking the latest in a series of expansionary moves by the St. Louis barbecue restaurant. The restaurant opened its 10th location in Colorado in June, and it announced in July that it will open store 12 next year in Kentucky. Read more

Washington University, Truman State earn state’s top marks in U.S. News ranking

Washington University in St. Louis tied for 19th among “national universities” in the annual Best Colleges rankings published by U.S. News and World Report. That’s down one spot from last year’s list but still represents the top ranking of any Missouri institution on the list for national universities. Several Missouri schools ranked near the top of the U.S. News list for “regional universities” in the Midwest. Truman State University led the local contingent at No. 9. Read more

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