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
More downtown eats: Chef-driven food hall joining Made in KC on Lightwell’s ground floor
Nearly two years after details of a chef collective at Lightwell were first teased, developers today announced the popular urban Johnson County food experience Strang Hall will indeed open a second location in downtown Kansas City. “Like the original Strang Hall in downtown Overland Park, the concept will be a casual, modern space designed for…
Menufy sale scales HungerRush to more than 500 workers, 20,000 restaurants, KC co-founder says
Growth isn’t new to the menu for Menufy’s Leawood based team, said Sharmil Desai, noting the online platform for restaurants had grown to 140 employees before its freshly announced acquisition by HungerRush. “I can’t think of any point when Menufy has not been adding and expanding,” Desai, co-founder and CEO of Menufy, told Startland News.…
How a new stadium planned for Kansas City’s riverfront could redefine ‘long-neglected’ neighborhood
A $70 million project along Kansas City’s riverfront is expected to be the first stadium purpose-built for a National Women’s Soccer League (NWSL) team, Kansas City NWSL owners announced Tuesday, unveiling early plans for the 11,000-seat complex just north of downtown. “The goals for reclaiming our long-neglected riverfront have been bold but clear – develop…
Leawood-based online restaurant platform Menufy acquired by hungry Houston cloud company
A rapidly scaling Leawood tech company that helped dozens of Kansas City restaurants, as well as eateries across 3,000 other cities, survive the pandemic has sold to a Houston-based cloud software provider for the restaurant industry. Menufy’s vast online food ordering platform and network is expected to be incorporated into the HungerRush 360 cloud POS…