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
He wanted a dress shoe as comfortable as bare feet; How Joey Ahearn is reimagining wingtips to boots one step at a time
A newly unboxed, Kansas City-laced premium shoe company offers a single promise: to make often-uncomfortable men’s dress shoes healthy to wear — without stomping out fashion. “I grew up wearing Converse and Vans and socks and lacing really tight every day,” recalled Joey Ahearn, a physical therapy assistant, as well as founder and CEO of Free…
Moss-backed design studio nurtures nature indoors with sustainable pieces ‘neither living nor dead’
Green statement pieces across Kansas City’s Midtown and Crossroads neighborhoods — from Westside Flats to the spas at The Laya Center and the herb dispensary at Fresh Karma — boast just a snapshot of the story behind the mossy growth of The Fat Plant Society. The eye-catching biophilic designs — which have the appearance of a…
A test of Fit Truk’s core strength: People assume it’s a franchise, mobile gym owner says
One of Hailee Bland Walsh’s biggest affirmations came in the form of a question: Is Fit Truk a franchise? “As someone who has built businesses from the ground up, that is very validating and a huge compliment,” said Bland Walsh, co-founder of the fully-equipped outdoor gym truck, as well as the owner of City Gym…
Demo Day: UMKC E-Scholars partners with KC Arts Institute for more authentic entrepreneurial representation, director says
Art and entrepreneurship so often go hand-in-hand, noted Alex Krause Matlack. “Many artists will inevitably become entrepreneurs because they can create their own brand or business to showcase their craft,” explained Krause Matlack, the director of Entrepreneurship Scholars (E-Scholars) at the University of Missouri-Kansas City. “This semester, E-Scholars has a new partnership with Kansas City…