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
TEDxKC announces a perspective-altering lineup for its summer event
Prepare to shift your perspective. One of the largest, independently-organized TEDx events in the world, TEDxKC has announced perspective-altering speakers for its summer event. With a theme of “perspective,” the ninth-annual TEDxKC is set for Aug. 18 at the Kauffman Center for the Performing Arts. Nearly 3,000 people attended TEDxKC in 2016 and, like years…
CAPS expands innovative education program to 6 KC area school districts
CAPS, an area innovation education network, is continuing to grow its impact in the Kansas City metro as it expands to create two new programs this fall. The Center for Advanced Professional Studies (CAPS) is adding two local programs this fall, bringing its total reach to 14 school districts in Missouri and Kansas. CAPS is…
Fund Me, KC: Wobblrs offers a soccer-specific tailgate game
Editor’s note: Startland News is continuing its new segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs to share their stories to gain a little help from their supporters. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com Who are you?…
Two KC venture capitalists earn scholarships to join Kauffman Fellows
A pair of Kansas City venture capitalists were recently selected to participate in the highly-esteemed investor program Kauffman Fellows. As part of an Ewing Marion Kauffman Foundation program announced in October, Kauffman Fellows awarded scholarships to Stray Dog Capital CEO Lisa Feria and Flyover Capital partner Thad Langford. The program also awarded scholarships to Scott Bernstein, principal…