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
United WE powers forward with initiative to appoint women into government positions
Kansas Gov. Laura Kelly saluted United WE Wednesday as the women-focused nonprofit celebrated 30 years of change-making across the two-state region — from strengthening workplace benefits to empowering more women into civic leadership. “United WE is making a huge difference. Just this year, United WE partnered with my office to significantly expand parental leave benefits…
KC company packages guilt-free plastic alternative with new fashion line by Grammy-winning Ciara
A Kansas City company’s groundbreaking biodegradable packaging will help send shipping waste from a fashion icon’s new clothing line back to the earth, officials from Biolo announced Thursday. LITA by Ciara — The House of LR&C’s new consciously created, ready to wear collection, inspired by Grammy award-winning singer Ciara — will include sustainable packaging for…
AltCap, GIFT, small business allies partner to expand opportunities for Black-owned ventures
A coalition of Kansas City organizations have joined forces to launch a new partnership that will invest in the region’s Black-owned small businesses through flexible debt and equity financing, grant funding and business advisory services, the group announced Thursday. “Unfortunately, many Black entrepreneurs are left out of the financial mainstream when it comes to business…
No soy tu chacha: How four Latinx moms (and 600+ of their closest friends) are cleaning up gender roles
Editor’s note: Veronica Alvidrez is a member of the education team at Startland, the parent organization of Startland News. This story, detailing Alvidrez’s business, paraMi, was produced independently by Startland News’ independent nonprofit newsroom. One year ago in the thick of the pandemic, Veronica Alvidrez felt like she was losing her voice. Not the literal one —…