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
JuneteenthKC, Black businesses bake celebration of culture into holiday at 18th & Vine
Thousands descended on the 18th and Vine Jazz District Saturday for the 12th annual JuneteenthKC Heritage Festival, a celebration of the Juneteenth holiday that greeted attendees with vendor tents, food and drink and musical performances. Makeda Peterson, program director for JuneteenthKC, described the weekend event as a celebration of the struggle for liberation and an…
Pipeline gala salutes ‘thriving, ever-evolving’ Midwest startup scene boosted by its fellows
The 2023 edition of the Pipeline Entrepreneurs Annual Innovation Gala honored a slate of innovators and inspirational forces from across the region, hailing the growth of entrepreneurship in the heartland — and a handful of top award winners. Melissa Vincent, executive director of Pipeline Entrepreneurs, credited the fellows with fostering a now-thriving entrepreneurial ecosystem in…
Esports league brings new Midwest Fest event to KC, launching new Army National Guard partnership
Gamers and esports enthusiasts around the Midwest are invited to congregate, connect and create at the first annual Midwest Fest. Midwest Fest, organized by the Kansas City Pioneers and LEVELUP Arena, is a gaming and streaming convention featuring multi-title gaming tournaments for amateurs, opportunities to meet with popular creators, workshops and giveaways. The event is…
J Rieger wants to be a ‘showpiece for Kansas City’ as distiller takes its whiskey international
Editor’s note: The Greater Kansas City Chamber of Commerce is a non-financial partner of Startland News, which serves as the media partner for the Small Business Superstars program. On the heels of expanding its distribution into several European countries in 2022, J. Rieger & Co. on Wednesday earned the 2023 Weida Award for International Small…