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
Big wins up the odds: KC’s standing among Midwest peer cities rises in new M25 ranking
Headline-grabbing success stories and newly boosted state funding for startup support are a powerful combination, said Victor Gutwein, detailing Kansas City’s higher 2022 spot on M25’s annual ranking of Midwest startup cities. Kansas City rose to No. 11 of 59 in the deep dive report — which explores how micro-environments in the Midwest are performing…
They told him to build it in California; this agtech founder came back to Kansas instead
When it came time to plant Trevor McKeeman’s agtech startup, he refused to farm the groundbreaking company’s future out to the coasts — specifically California where potential funders said he could find “money and talent.” “I was actually in Boston at the time,” explained McKeeman, founder and CEO of HitchPin, a digital marketplace for farmers…
Stream smarter, safer: Former Cisco engineer aims to replace Zoom as top video conferencing platform
Kenneth Yancy has been live streaming since the early 2000s — a time when not many were interested in the technology, he said. But 20 years later, a virtual-hybrid work model featuring video conferencing is the norm. “In 2001, I was working for Cisco as an engineer. My team and I built the first live…
‘Fan favorite’ among KC startups joining Wichita cohort; the prize: a playbook for reaching corporate customers
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 the Ewing Marion Kauffman Foundation, which leads a collaborative, nationwide effort to identify and remove large and small barriers to new business creation. WICHITA…