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
Malisa Monyakula wants to welcome you home for the holidays; she already has an igloo waiting
Adding pop-up holiday experiences at her popular Kansas City businesses is a way for Malisa Monyakula to bring back nostalgic memories of her childhood in Thailand, the restaurateur behind Lulu’s Thai Noodle Shop said. “Christmas is everywhere in Thailand,” she said, noting the classic American holiday celebrations are vibrant despite the country’s predominantly Buddhist population.…
‘The people demand mustard’: This stained glass artist dipped into corn dogs (and hungry shoppers ate it up)
Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. LAWRENCE — Selling holiday shoppers on stained glass corn dogs was unexpectedly easy, said Darleen Schillaci; adding mustard and keeping up with buyers’ appetite, however, proved the meatiest challenge. The…
Skip shopping and shipping: Your guide to last-minute, KC-made gifts you can still get in stores
Forget naughty and nice: one Kansas City-pieced business has a puzzling present for each person on Santa’s “weird and mellow” list. Locals can still find them on KC-area store shelves — while they last. Birdie — a sister company to Stefanie and Tim Ekeren’s popular Kansas City Puzzle Company — packs each eye-catching box with…
One issue cuts across all political lines: How it could be the antidote to a divided America
Entrepreneurship is a way to unify the United States at a time with great political division, said Victor Hwang. “It’s an issue that cuts across party lines,” explained the founder and CEO of Right to Start. “And it’s something Americans really care about.” Hwang, previously an executive at the Ewing Marion Kauffman Foundation, recently published…