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
Planned serendipity: Endeavor Heartland’s launch aims to put founders in the right place at the right time
A global nonprofit that supports high-impact entrepreneurs is gearing up for its March 6 regional selection panel in Kansas City — the organization’s next big step in establishing a KC footprint, said Shawn Morris. “This will double as our launch into the Kansas City market and our commitment to our office expanding there,” said Morris,…
Why this KC social entrepreneur pivoted from drilling wells with Matt Damon to tapping micro-loans for water projects
Identifying unmet needs is just as critical for social entrepreneurs as their counterparts at more traditional for-profit ventures, said Gary White, explaining how Water.org needed to find its missing piece to truly tap the non-profit’s potential. “Go after those unique insights at the intersection of a great social gain and a market,” said White, offering…
Newly relaunched PR platform connects small brands to freelance journalists eager to tell their stories
Blish Mize Connor and Allison Hogan are working to change the landscape of the public relations game, they shared, starting with firing themselves. The PR veterans — with a combined 35 years of experience — have launched DeskSides, a dual-sided digital hub to connect brands with journalists/freelancers. “We were tired of traveling and schlepping goods…
US company lands on the moon: Here’s how a KC firm helped boost its flames of innovation
For the first time ever, a commercial spacecraft has touched down on the moon and Kansas City-based Burns & McDonnell provided innovation that helped to make it possible for Intuitive Machines and its Odysseus IM-1 lander, shared Brittney Swartz. The local engineering, construction and architecture firm served as the designer and builder of Intuitive Machines’…