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
Why this ‘monstrous Midwesterner’ started the presses for a sacred space in KC’s West Bottoms
Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. Thayer Bray loves printmaking, but he gets just as…
Kansas City ESO icon Maria Meyers championed for bringing SourceLink to the world stage
A decades-long effort to grow inclusive entrepreneurial communities by strengthening access to critical resources began as a grassroots movement in Kansas City, said Maria Meyers, whose work recently earned her global recognition — and a rare honor in recent years for an American recipient. Meyers, the founder of SourceLink — a first-of-its-kind platform boasting more…
How this startup founder earned $200K in unrestricted, trust-based funding to transform KC’s relationship to food
Long-term community change comes one meal at a time, acknowledged one of Attane Health’s biggest supporters, reflecting on the Kansas City startup’s growth from the “spark of an idea to a full-fledged solution” — ultimately earning its founder a game-changing funding boost. The St. Louis-based Missouri Foundation for Health this month announced its inaugural Spark Prize…
Kauffman awards $5.8M funding pipeline to research how to close wealth gaps in KC, beyond
Eight newly announced research grants from the Ewing Marion Kauffman Foundation are expected to help catalyze research-based efforts aimed at growing equitable economic mobility in Kansas City, regionally, and nationally. More than $5.8 million in research funding will be disbursed over the next three years through this first round of grantmaking through Kauffman’s new research…