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
M25 rankings: Startup hubs are slowing; why KC could be losing ground to Midwest neighbors
Kansas City’s startup scene is walking a fine line between flat and stagnant, said Victor Gutwein, teasing caution and other insights into KC’s No. 11 ranking — a position it’s held since 2022 — on M25’s latest Midwest startup cities list. “We’re seeing fewer startups (registered in our datasource Pitchbook) than we used to in Kansas…
Wichita Startup Week rallying nonprofits (and Bill Nye ‘The Science Guy’) to celebrate entrepreneurs
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. WICHITA — Entrepreneurship and innovation advocates on Tuesday announced plans for an unprecedented, power-packed week of high-profile events and programs — all fueled by a new coalition of nonprofits that support…
Venue design for 2028 LA Olympics scores early win for KC firm on Intuit Dome team
As eyes turn from Paris to the 2028 Summer Games in Los Angeles, Lenexa-based Henderson Engineers is finishing its work on a $2 billion NBA arena project that ultimately will host games for the LA Clippers and Olympians from across the globe. “It’s no secret that Kansas City is a sports mecca when it comes…
Kansas City entrepreneurs chosen for startup competition focused on health tech
WICHITA — Health innovation is a global priority, said organizers of the latest NXTSTAGE cohort, announcing nearly a dozen finalists and solutions hailing from Kansas City to France. Ten companies were selected for the 2024 NXTSTAGE Community Health and Vibrancy Pilot Competition, presented by Blue Cross and Blue Shield of Kansas (BCBSKS). Finalists include startups working to…