Mid-America Angels race for record-setting investment year
April 30, 2015 | Bobby Burch
After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet.
Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the year. Mid-America Angels — whose investments include such companies as EyeVerify, Novita Therapeutics, RareWire and others — is managed by the Enterprise Center of Johnson County.
The investment group recently backed Olathe-based TVAX Animal Health with a $696,000 investment that will offer the company funds to kickstart clinical chemotherapy testing in dogs. TVAX Animal health is a subsidiary of Lenexa-based TVAX Biomedical.
Mid-America Angels also supplied $178,000 to Kansas City-based Rawxies, which makes raw, vegan snacks. The new funds will allow the company to build out its sales and marketing channels, as well as expand its product offerings.
“We’re proud to welcome two additional companies to our MAA portfolio, and look forward to working with the management teams of TVAX Animal Health and Rawxies to ensure both their continued growth and job growth in our region,” ECJC CEO George Hansen said in a release.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
Techstars Spotlight: Hanzo’s e-commerce tools designed to make you money
When a small business uploads its products to a third party e-commerce platform like Amazon, it’s giving away control, David Tai said. “With things like Etsy and Amazon, it’s very hard to communicate and build your brand because you’re building your brand on their platform,” said Tai, CTO of Hanzo. “Your products are next to…
‘Badasses’ at Women’s Capital Connection double dollars invested since 2015
More women in Kansas City are realizing the valuable opportunities offered by early-stage investing — and it’s translating into significant growth for the Women’s Capital Connection. The regional investment network has grown not only its number of member investors by about 40 percent in the past three years, but also has more than doubled the…
Events Preview: Women in science, Friday the 13th Second Fridays
There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Are you hosting a relevant community event? Add it to the KCSourceLink Calendar for increased exposure. Email info@kcsourcelink.com for assistance. International Trade…
Cerner ‘call for innovation’ hopes to bring brand to life alongside KC startups
One of Kansas City’s largest employers is looking for help from the smaller firms in its backyard. Health IT giant Cerner Corp. is looking to collaborate with startups and entrepreneurs to feature their innovative custom furniture, properties or experiential design elements for a coming conference. If selected, each startup’s work would be featured in front…