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
Pipeline unveils first-ever double cohort in bid to develop region’s next great serial entrepreneur
Twenty-five founders are entering the Pipeline network this week, Melissa Vincent said Thursday, revealing the newest additions to its elite fellowship, as well as the just-debuted Pathfinder cohort for earlier-stage, underserved entrepreneurs. “We were blown away by the response,” said Vincent, executive director of Pipeline, noting the fall 2021 recruiting period was the most vigorous…
10-year plan to create more ‘equitable downtown’ would remove interstates, make way for ballpark in city’s core
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. A strategic plan that encompasses neighborhoods more than a mile from the skyscrapers of its central business district and…
Kanbe’s Markets selected for $30K in marketing services from surging Crux KC team
Kanbe’s Markets is expected to harvest boosted visibility and functionality thanks to a newly announced donation of $30,000 in pro bono marketing services from one of Kansas City’s fastest-growing agencies. Crux KC selected the nonprofit for its annual “Crux for a Cause” initiative, which is expected to provide an entire year of services from a…
LaunchKC opens applications for new Social Venture Studio; five slots expected for cohort focused on KC
Entrepreneurs hoping to provide both social impact and return on investment are encouraged to apply for the inaugural cohort of LaunchKC’s Social Venture Studio — an effort focused on creating sustainable business models to tackle social, racial, or environmental issues. Click here to apply through March 30. The studio is seeking a diverse cohort of leaders,…