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
MoCannaHub lights up information prohibition; launches cannabis resource-finding app
Rolled in entrepreneurial opportunity, tech companies shouldn’t be afraid to take a hit of the growing marketplace that is cannabis, said Andrew Ellis, explaining the methodology behind MoCannaHub — the app that connects curious consumers with experts and information of various strains. “Some of the platforms out there are banning cannabis-related content,” explained Ellis, president…
InnovateHER KC founder leaving KCSF as womxn’s community-building startup scales
It’s time to set InnovateHER KC on the path to long-term growth, said Lauren Conaway, announcing her plans to leave the Kansas City Startup Foundation in early July to lead the womxn-focused startup full-time. “InnovateHER KC’s No. 1 priority right now is building out our community with intention,” said Conaway, founder of InnovateHER KC and…
Photos: Sprint Accelerator leaders salute former managing director at demo day
Gratitude powered down the sixth cohort of the Sprint and Dairy Farmers of America-backed Corporate Accelerator Thursday. “I do have one more person that I need to acknowledge and that person is Doug Dresslear,” Tina Peterson, manager of the Sprint Accelerator, told a packed crowd at the National World War 1 museum’s J.C. Nichols Auditorium. …
LaunchKC, Nueterra Capital announce health accelerator with $50K, plus resources for each startup in cohort
Adding its third vertical in less than a year, LaunchKC will expand its grant opportunities deployment with the new LaunchKC Health Accelerator aimed at improving patient outcomes, the program announced Thursday. “LaunchKC continues to see momentum, headed into its fifth year, having invested over $2 million in cash grants to attract or retain 38 tech…