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
RNAi-tech startup takes lead from psychotropics, medical cannabis veteran with new CEO pick
ST. LOUIS — Steve Meyer sees opportunity in RNAissance Ag — an offshoot Kansas City-grown TechAccel — especially its portfolio of safe biopesticides and novel RNAi manufacturing technology. “I believe the full potential of RNAi-based solutions in agriculture is yet to be seen,” said Meyer, the company’s new CEO. “This innovative technology not only has…
KC firm invests $56M in LGTB+ owned 10KC to reimagine a more inclusive workplace (that employees won’t want to leave)
A funding infusion from a leading Kansas City venture capital firm comes at a critical time as employees struggle to connect in a hybrid work world, said Ten Thousand Coffees (10KC), announcing its first institutional raise since the company’s 2014 formation in Toronto. Originally bootstrapped, 10KC will use the $56 million investment from Five Elms…
Boulevard, Vine Street hop to ‘inspire our city’ with a brew in honor of KC baseball icon Buck O’Neil
A new ale crafted in collaboration between one of Kansas City’s biggest brands and the city’s first Black-owned brewery is expected to commemorate “a true American treasure,” said Kemet Coleman — as well as send 100 percent of its proceeds to the Negro Leagues Baseball Museum. The Buck O’Neil Barrel-Aged Saison honors the late first…
Mid x Midwest aims to connect 50 VCs with 50 startups; why this new meetup is coming to KC
Traveling throughout the U.S. for business, Dan Kerr regularly comes across investors who have heard rumblings about the burgeoning Kansas City tech startup ecosystem, he said. But one problem persists: most of these potential funders have never stepped foot in Kansas City. “Really what got my gears turning is that I have a big network…