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
Report: Nearly 10 percent of KC’s economy is tech; How AI is reshaping the way world sees Kansas City
Kansas City now has one of the densest tech workforces in the Midwest, said Kara Lowe, emphasizing that the City of Fountains has surpassed larger cities like Chicago, Houston, and Nashville, with a greater economic impact on the local population than in any of those metros. More than 77,000 skilled professionals, representing 9 percent of…
Just funded: Digital Sandbox KC drops the hook for three more emerging tech startups
From optimizing trucking logistics to revolutionizing peer-to-peer recommendations and streamlining compliance with AI, the latest startups funded by Digital Sandbox KC are poised to make a significant impact in their industries, said Jill Meyer. “We’ve been truly impressed by the expertise and passion these founders bring to the table,” said Meyer, senior director of Technology…
Tech champion tapped to lead Patterson Family Foundation; How Maria Flynn plans to ‘make opportunity happen’ for rural communities
A startup leader, exited executive, and tech advocate who emerged from Cerner to become one of the most prominent voices for investing in Kansas City will now champion the region in a new way: as president and CEO of an influential nonprofit that bears her former boss’ name. Maria Flynn was announced Tuesday as the…
Lei Away staycation: Festival celebrates shared language of Aloha, tiki culture and creativity in KC
What began as a celebration of tiki vibes and tropical aesthetics has danced into an all-out luau that showcases authentic Polynesian traditions, culture and makers alongside local businesses and island enthusiasts, said Johnny Dawbarn. The three-day Lei Away 2024 festival returned this weekend to the Crossroads with events ranging from a talk on the history…