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
How this Andre’s Valentine collaboration celebrates the friendship that sparked Kate Spade
The favorite hometown chocolate of one Kansas City’s best-known fashion designers and entrepreneurs serves as just one ingredient in a new Valentine’s Day collaboration from André’s Confiserie Suisse. The local chocolatier just rolled out a limited edition line alongside Frances Valentine to mark the holiday, as well as celebrate the friendship between Elyce Arons and…
Electric Americana: How singer Teri Quinn broke from the pack (and found her own in KC)
Members of the Kansas City-based band Teri Quinn & The Coyotes are carving a distinctive space within the local music scene. From Appalachian banjo riffs to punk-inspired beats, their sound reflects diverse influences — howling loudest from the woman in front. Attendees at Startland News’ Jan. 23 reception for the Kansas City Startups to Watch…
C2FO hits its first billion-dollar day; marks $400B in funding to customers as global finance shifts
A record-breaking year for C2FO serves as a proof point itself, said Sandy Kemper, revealing the Kansas City-built fintech surpassed $400 billion in lifetime funding to its customers in 2024 and achieved $1 billion of daily funding for the first time. “The success of the past year only demonstrates the tremendous need for more efficient…
KC Biohub leader bullish on Tech Hubs funding after region missing from latest grants list
Kansas City is still in the running for a chunk of the remaining $280 million in expected funding for federal Tech Hubs implementation grants, said Melissa Roberts Chapman, emphasizing the region remains primed and competitive in the process despite the KC BioHub not being among the latest awardees announced by the program. Six other projects…