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
Ancestry.com founder-turned-AI evangelist says rapidly advancing tech can uplift humanity, families
People across the globe are caught in an internet malaise, said Paul Allen, and tech visionaries’ response should be to renew humans’ dependence on faith and family and friendship and local community. One of their most critical tools, he said: decidedly non-human solutions from the rapidly evolving landscape of artificial intelligence. Allen — founder of…
KC filmmaker sees pleasure as a prequel to dystopia hiding ‘In Plain Sight’; His brave new wake-up call
Thomas Rex’s new proof-of-concept film project envisions a near-future world where society is on the verge of totalitarian control, he said, describing a cautionary tale about being unknowingly controlled by a culture of escapism through pleasure and pharmaceuticals. “In Plain Sight” serves as a prelude to Aldous Huxley’s novel “Brave New World,” an acclaimed but…
New owner plans Vietnamese redux with modernized experience at Northland bánh mi spot
Quick service. Customization. Simple menu. Meals made-to-order in front of the customer. Chipotle was built on this service model. Now Peter Nguyen wants to bring it to his new Vietnamese restaurant, and even use that system to start a franchise of his own. In August, Nguyen purchased the former Bun Mee Phan restaurant at 4011…
Office with a pew: Coworking veterans hail ‘untapped potential’ of unused space within churches
A coworking space and a church — united around the idea of building community — formed a unique partnership earlier this year in Kansas City’s northland, said Bob Martin. The CO-OP at Shoal Creek — which Martin and Heather Heckroot opened in January — has taken up residence at Shoal Creek Community Church in Pleasant…