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
These shoes are made for girls combat sports; now you can buy a pair down the street
A Kansas woman’s mission to bring girls’ athletic gear to traditionally male sports scored a big win this week as Yes! Athletics announced its move from online-only sales to local store shelves. Furthering its reach beyond the Yes! Athletics website, the shoe brand can be purchased at three Jock’s Nitch Sports stores in Kansas —…
Katz cat grins again: KC icon returning to the streets — this time near Liberty Memorial
Editor’s note: The following story was originally published by CityScene KC, an online news source focused on Greater Downtown Kansas City. Click here to read the original story or here to sign up for the weekly CityScene KC email review. The Katz Drug Store sign, a one-time iconic streetscape fixture in Kansas City and beyond with its happy cat…
Pipeline opens application for 2023 fellowship, Pathfinder; boosts its own storytelling
Midwest entrepreneurs deserve the resources they need to scale into high-growth ventures, said Melissa Vincent, announcing the launch this week of applications for Pipeline’s latest fellowship and Pathfinder program for overlooked founders. Tapping into its network of more than 180 entrepreneurs who have generated over $2.2 billion in revenues, Pipeline’s support system ranges from intense…
KC BizCare awarded $300K by Kauffman for small business census, new ESO accelerator
Entrepreneurial support organizations experience many of the same challenges faced by Kansas City’s small business community, stifling their effectiveness, Nia Richardson noted. “This includes staffing and resource constraints, lack of business education and practical experience, and fragmented systems of support. Without addressing these structural and systemic constraints, enabling equitable and inclusive small business growth will…