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
Report: Area Latino business ownership surged in 2015
Latino business ownership is on the rise in the Kansas City area, according to a recent study. While area entrepreneurial activity has largely remained steady, the percent of Latinos that own businesses in Kansas City considerably increased from 2014 to 2015, according to the Ewing Marion Kauffman Foundation’s Index of Main Street Entrepreneurship. Now just…
Events Preview: Happy Thanksgiving!
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. Weekly Events Preview KC Roundtable When: Nov. 24, 7:30 a.m. – 9:00 a.m. Where: Eggtc KC Roundtable is in existence to provide…
Chris Brown: Don’t make this common mistake when signing contracts
Editor’s note: Opinions expressed in this commentary are the author’s alone. This article is general in nature and does not constitute legal advice. Readers with legal questions should consult an attorney. Among the benefits of operating your startup or freelance business as an LLC is the limited liability for the company’s owners. Limited liability means the…
Missouri, Israel join forces to boost tech firms
The Show Me State is working with the nation of Israel to create a co-investment agreement that aims to enhance their respective tech sectors. Missouri and Israel recently signed an agreement that will foster a relationship between the Missouri Technology Corporation and Israel Innovation Authority. The deal aims to advance opportunities for new tech projects…