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
World Cup is sprinting closer; entrepreneurs should be preparing now, say regional biz leaders
Kansas City is kicking plans into high gear as the 2026 FIFA World Cup heads to the pitch — with local leaders eager to capitalize on the massive economic impact expected from the once-in-a-lifetime opportunity. “The 2026 World Cup will be the largest event mankind has ever put on, and it’s going to be the…
Just funded: LaunchKC unveils 7 newest grant winners, topping $385K in startup capital
LaunchKC’s big reveal Tuesday was about more than checking a box — or getting hands on oversized checks — with grant competition winners taking the stage to introduce their companies to an eager community of supporters, entrepreneurs and investors. “This event is incredible,” said Donnie Hampton, co-founder of Roz, one of seven startups honored Tuesday…
This founder’s own pain point became too painful; Why he’s back to embracing the loss that sparked his startup
When healthtech founder Chris Jones pivoted away from the painful memory of losing his son — a catalyst for launching his medical records startup — he shelved a vital piece of the “why” behind both his company and his passion, Jones said. “I never understood what my power was — not just the technology —…
Fashion Arts Fund names new leader as shift toward new vision comes into focus
A Kansas City nonprofit dedicated to making impact on the city’s fashion scene announced its new executive director Wednesday — stitching a dyed-in-the-wool KC fashion designer into the organization’s new look. Elon Kebede — founder, designer, and creative director for Kansas City, Kansas-based ELU by Elon — is expected to lead the Fashion Arts Fund,…