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
DivvyHQ lauded as one of industry’s best at content marketing conference
Kansas City-based software platform DivvyHQ nabbed two top awards at the Content Marketing World convention earlier this month in Cleveland, Ohio. For the second consecutive year, the startup received the audience choice award for the top content creation and workflow platform from the Content Marketing Institute — an industry leader with which DivvyHQ has an established…
Video: Hammerspace fueling maker community through supportive network
Since its launch in 2011, Hammerspace has served as a community space for hundreds of Kansas Citians. Unlike coworking spaces with traditional desks and chairs, Hammerspace gives members access to lasers, 3-D printers, sewing stations, radio components, and equipment for welding, sculpting, woodworking and other art forms. In April, Hammerspace moved out of its Brookside…
Hammerspace grows maker mission on Emanuel Cleaver Boulevard
Dave Dalton is a maker — a blacksmith, a bladesmith, a woodworker, an artist and a jack of all trades. More than just a sum of his skills, being a maker is all about perspective, said Dalton, founder of Hammerspace Community Workshop. And when a friend dared him to give his tip jar an upgrade, Dalton…
Innovation Stockyard selects first St. Joe startup for Digital Sandbox
A curbside recycling service is expected to be the first startup to receive Digital Sandbox KC proof-of-concept funding through the Innovation Stockyard incubator. Toss it Curbside, a service with which customers place unwanted items on their curbs to be recycled or donated, plans to use the funds and the St. Joseph-based incubator program to optimize…