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
Spokes Café banks on new downtown coffee spot, cycling operations under same roof as neighboring customers
A new home inside the Commerce Bank Building in downtown Kansas City moves Dan Walsh’s popular coffee shop across the street — and saves him the struggle of finding a different location amid Spokes Café’s pending displacement as a longtime fixture at 10th and Walnut streets. Walsh recently announced the relocation — the artisanal breakfast and…
Three-peat threads: 30+ Super Bowl-bound Chiefs fan fits (haters will say the refs wrote this)
With the Chiefs ready to stand on business in the Big Easy, Kansas City fans — at home or at the big game — will need to dress for the win they want. Here’s how small business owners from across the region stand ready to help them suit up ahead of the Chiefs-Eagles Super Bowl…
How ’bout those cheeeeeese mochis? Korean chicken spot gets into the game with its own head-turning plays
After their decade of conversation got old, three lifelong friends finally achieved their dream of opening a restaurant together, Kue-Jin Hwang shared. Now they’re hoping to capture Chiefs’ fans’ hunger for a three-peat at their Overland Park restaurant. Hwang, Kyoungmin Kim, and Sung Jo — friends for more than 30 years (each represented in the…
KC startup founder pivots into pickleball haters’ biggest complaint, eliminating court noise
SLN/CR is serving the sweet sound of silence to neighbors of outdoor pickleball courts, said Eliot Arnold, a serial entrepreneur-turned avid pickleball player who’s taking a swing at the source of critics’ irritation. His Kansas City-based startup — pronounced “silencer” — offers a fabric-based noise mitigation system that uses nanotechnology to absorb nuisance noise, said…