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
Mid-America Angels makes 5 new investments, setting record pace
The Mid-America Angels Investment Network is maintaining its fast dealmaking pace in 2017. Based in Fairway Kan., the network recently closed on more than $1 million of investments, putting it on pace to once again exceed its annual investment totals. The new deals bring the value of the group’s total investments in 2017 to over…
Study: St. Louis, Springfield, KC earn high marks for cities to startup
Though still performing well on a national level, Kansas City, Mo., was recently rated as the third-best large city in Missouri for founders to start a business, according to a recent study. Personal finance website WalletHub found that St. Louis and Springfield are the No. 7 and No. 11 best large cities to start a…
Startland News wins 2017 EDCKC Cornerstone award
Thanks to a talented team and supportive community, I’m proud to announce that Startland News has won a 2017 Cornerstone Award. Presented by the Economic Development Corporation of Kansas City for 30 years, the Cornerstone Awards recognize people, projects, businesses, programs, initiatives and events that drive economic development and growth in Kansas City. On behalf…
Listen: KC transportation leaders examine Smart City, Hyperloop, smart pavement
Judging by the popularity of our recent Hyperloop One coverage, the future of transportation has become a hot topic in the metro. It’s crazy to imagine that, in the near future, we may be living in a world of subsonic rail travel, smart pavement and autonomous vehicles. But before we get too excited about the…