Ag venture group TechAccel invests $250K in research partnership
December 9, 2016 | Meghan LeVota
A new partnership will advance agricultural innovation in the state of Missouri.
TechAccel, a Kansas City-based technology and venture development firm, recently announced it will work with the Donald Danforth Plant Science Center, a St. Louis-based nonprofit research institute.
TechAccel will provide $250,000 in grants to the Danforth Center to help it demonstrate proof of concept and commercial feasibility with research projects affiliated with the research center. The two organizations will split returns on the technology they commercialize.
Founded in 2014, TechAccel specializes in ag and animal health technology. The firm invests in, sources and acquires early-stage innovations through collaborations with various institutions.
TechAccel CEO Michael Helmstetter said that the partnership is an important milestone for the company as well as the agricultural ecosystem.
“Agriculture research can and will change the world, but only if it has the backing to move from concept to proof to product,” Helmstetter said in a news release. “We bring capital coupled with science advancement to support that push to the finish line — the commercial market.”
The Danforth Center’s mission is to improve the human condition through plant science. Although the nonprofit has received grants in the past, the partnership with TechAccel marks the first grant specifically targeted at commercializing its innovations.
“The Path to Commercialization program provides a new tool for translating our discoveries into real-world solutions,” Danforth Center president James C. Carrington said in a release. “We look forward to seeing even more of the Danforth Center’s research delivering transformative products and technology to market.”
TechAccel participates in a similar research partnership with the University of California-Davis established in April 2016. As part of the Science Translation and Innovative Research program at UC-Davis, TechAccel invested $400,000 for grants to commercialize or prove out agriculture- and animal health-related innovations.
2016 Startups to Watch
stats here
Related Posts on Startland News
Ready to bet big? Kansas wants to help entrepreneurs win more federal innovation grants
Kansas innovators now have access to a new tool designed to help them compete for major federal funding. The Kansas Department of Commerce has opened applications for the state’s SBIR and STTR Matching Program, which provides financial support and hands-on guidance for entrepreneurs pursuing federal innovation grants. The matching initiative is part of ACCEL-KS, a…
New Maker of the Year: Why this mom’s side hustle for the girly girls couldn’t stay at home
A hobbyist venture that began with making shirts for her kids has earned Julie Swopes a spot on Made in KC’s shelves for her Chiefs- and Royals-inspired tees — along with one of the local-first retailer’s top honors: KC New Maker of the Year for 2025. “I’m just a stay-at-home mom that has turned her…
Don’t be a stranger: When this Crossroads refuge closes, another chapter begins for Afterword (and the space it leaves behind)
With two more Open Mic Nights and more than a month left on its lease at Afterword Tavern & Shelves — a cozy corner hotspot where patrons leisurely bond over drinks and good reads — the popular Crossroads third-space isn’t finished telling its story despite losing the space to its new landlord, said Kate Hall.…
Exporting KC to the world: Esports leader revs come-from-behind global takeover amid World Cup’s big draw
As the metro bundled up and showed out Friday, getting its latest taste of what the 2026 World Cup has in store, the Kansas City Pioneers dropped new heat — raising the thermostat on their commitment to seize the moment brought forth by the global gathering as a net for esports. “Now is the time for…