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
KC-built NFT startup merges with news outlet to ‘create clarity out of chaos’ in volatile industry
It’s time for the NFT industry and digital economy to grow up, said Randy Wasinger, announcing the merger of CryptoSlam and Forkast.News — a move meant to help tame a “Wild West” ecosystem “full of promise, glory and painful outcomes for many” via on-chain data analytics and journalism. “[The NFT industry] shouldn’t lose its fearless…
StratFit secures patent, flexes plans for explosive growth with platform built in Google Workspace
StratFit founder Daniel McKee powered into 2023 with the launch of StratFit Digital MVP, advanced training design software for personal trainers and coaches. Built in Google Workspace, StratFit Digital’s Strategy Design Drive integrates McKee’s “super-system” with advanced tools that make it easy to access and use. “[With StratFit Digital], I have been working on separate…
SpiderOak raises $16.4M for space cybersecurity tech to protect ‘soft underbelly’ of satellites
A Lenexa-based company’s industry-leading technology is taking orbit with new investments that validate SpiderOak’s end-to-end cybersecurity efforts — a “mission critical” platform that reduces the attack surface of satellites and damages the ability of adversaries to jam and disrupt space communications. “Today, space-based assets are mission essential in all civil and military operations and rapidly…
Wichita startup with growing KC team secures $10M from Koch Disruptive Technologies
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. This series is possible thanks to Entrepreneurial Growth Ventures (EGV), a business unit of NetWork Kansas supporting innovative, high-growth entrepreneurs in the State of Kansas. WICHITA — weavix is transforming…