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
Back2KC sets return date for its 2024 homecoming effort, scouting familiar faces to build an even stronger KC
When Back2KC returns this fall, the homegrown talent recruitment initiative will lean on unexpected connections to entice former residents — now out-of-town professionals — to give Kansas City’s recent Golden Age another look, organizers said. “The biggest win we can have is if these expats and ex-Kansas Citians come back, move their families here, move…
‘A piece of something bigger’: Makers help raise fabric of community with Union Station quilt project
A trio of Kansas City maker businesses wove together their talents this spring in support of a new, local health initiative — culminating in a towering expression of hope and healing at Union Station. Ampersand Design Studio, Tia Curtis Quilts, and Collective EX spent the past three weeks designing, fabricating, and displaying a colorful quilt…
Crack open ice cold nostalgia for summer; this flea market is selling a vintage party experience
A monthly pop-up flea market in the Crossroads Arts District taps into nostalgia — and a thirst for unexpected but inclusive finds, said Alex Uritis. “It’s one of my favorite things to do with my best friends,” explained the Goldie’s Flea Market founder. “You go, you get a giant, ice cold beer and you walk…
Bardavon releases enhanced wearable sensors, easy-use app to prevent worker injuries
New sensor technology from an Overland Park health tech and preventative safety startup is expected to simplify data collection and lessen the burden on workers wearing the devices. Bardavon this week announced significant enhancements to its injury prevention solution, Preventure, which includes next-generation wearable technology and a brand-new kiosk app designed to revolutionize workplace safety.…