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
FCC commissioner Ajit Pai’s six strategic steps to close the digital divide
In his second visit to Kansas City within the last six months, Federal Communications Commission Commissioner Ajit Pai stopped by Think Big Tuesday as part of his fight to close the digital divide. Growing up in a small Kansas town three hours south of the metro, Pai said he’s familiar with the energy and vitality…
New regulations yield opportunity for animal feed tech startup
Editor’s note: This content is sponsored by LaunchKC but independently produced by Startland News. Growing up, Gretchen Henry’s family farmed cotton in Southeast Missouri. Although most are familiar with the white, pillowy substance we find in our clothes, use to wash our face or clean our ears, animals also eat it. Livestock feed features many…
EyeVerify CEO Toby Rush offers an update on hiring plans, global expansion
When your goal is to more than quadruple your company’s user base — from 450 million to 2 billion people — it usually entails a world of change. And such is the case for Kansas City-based EyeVerify, a biometrics startup that recently sold to Alibaba affiliate Ant Financial for more than $100 million. Startland News spoke…
Global content marketers dub DivvyHQ as their No. 1 platform
Editor’s note: In response to readers’ desire for quick-hitting stories, Startland News is launching a new segment, “News Flash,” to enable more coverage. Let us know what you think! DivvyHQ is riding a wave of excitement after its peers in the world of content marketing recently voted the company as the best solution in its…