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
Why one entrepreneur is Swiftly rolling up the warehouse doors for thirsty Chiefs parade-goers
Wednesday’s Chiefs victory parade will be the city’s third in four years, but for East Crossroads-based Wild Way Coffee, the 2024 rolling downtown-to-midtown event hits different, said Christine Clutton. The brand’s iconic mobile coffee camper — stationed in the Wild Way warehouse at 708 E. 19th St. for the winter — will once again open…
Fit for a champion: 20+ Super Bowl-inspired Chiefs shirts that won’t run out the clock
Repeat play: How hometown merch makers are running it back after another Super Bowl win for Kansas City Taking a cue from Chiefs head coach Andy Reid, Kansas City makers pounced on a proven, championship play Sunday night — quickly launching a range of new Kingdom-inspired celebration apparel to capitalize on their hometown team’s latest…
Will the street car still run? Is Taylor Swift coming? Your guide to the Chiefs’ Super Bowl victory parade in Kansas City
Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. When the Kansas City Chiefs won the Super Bowl last year, close to 1 million flooded the streets of downtown for…
KC artist featured in ad during SNL, named to global cohort of young social justice leaders
Being recognized for his work training local artists on the intersection of art and public policy, Logan Stacer said the honor from an global-facing nonprofit highlights Kansas City’s collective effort and passion for using art as a force for positive change. Stacer, an artist, youth pastor, educator and non-profit executive with Heartland Arts KC, this…