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
New batch of techies, educators to revamp learning with Lean Lab
After recently announcing it would award $100,000 for education startups, the Lean Lab on Thursday unveiled the five entrepreneur teams that represent its third cohort. The non-profit for the first time opened its fellowship program to accept international teams, reaping it more than 50 applications — some from as far as Iran and Bulgaria, said…
The Nerdery launches hiring spree at KC office
Nerds abound in Kansas City. Or at least the Nerdery’s local expansion seems to indicate as much. The software design and development firm has added 14 staffers in the last 18 months and is now launching another hiring spree. The Minneapolis-based firm — which opened a Kansas City office in late 2014 — plans to…
Kansas City Developers Conference cultivates community among techies
Hundreds of hardcore techies are gearing up for one of Kansas City’s largest gatherings of developers. The eighth-annual Kansas City Developers Conference is expecting more than 1,300 attendees from regional corporations, startups and universities on June 22. With a focus on building the Kansas City community, the conference features loads of workshops, panel discussions and…
From Slavic studies to coding, LaunchCode helps Kansas Citian find new career
It’s been in Kansas City only four months, but LaunchCode is already making an impact. The St. Louis-based non-profit organization arrived in February to grow Kansas City’s tech sector by organically building its pool of talent. LaunchCode helps educate locals with an interest in changing careers to work in tech, and then connects them with…