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
Look inside: Plexpod opens coworking oasis amid River Market’s concrete jungle (Photos)
Faux grass lining the walls. Neon signs. A mix of vintage and contemporary stylings. Plexpod’s Eric Milner was initially skeptical of plans for a jungle theme in one of the co-working space’s enclaves — quirky seating areas tucked between offices and amenities at the new River Market location. “It really panned out though. Stephanie [Medina]…
Car vending machine drives into KC skyline with Carvana’s launch off Southwest Boulevard
Towering over Southwest Boulevard, Missouri’s first Carvana location has been parked in Kansas City and it’s finally ready to rev its engine, Amy O’Hara confirmed Thursday. “It’s a beautiful location and we’re looking forward to showing everyone our signature car vending machine experience and the new way to buy a car,” said O’Hara, Carvana associate…
UMKC awards students $75K in prizes at Regnier Venture Creation Challenge
Student startups are growing rapidly on the University of Missouri-Kansas City campus, said Bryan Boots. Such acceleration has been further propelled thanks to the recent distribution of $75,000 in prize money, awarded to a series of winners of the Regnier Venture Creation Challenge Competition May 2-3, split across events at the Ewing Marion Kauffman Foundation…
Techstars KC on hiatus as Lesa Mitchell takes new role with Indianapolis accelerator
Techstars Kansas City is expected to “hit pause” on programming and is not returning for a 2019 cohort, said David Brown, noting the exact timing of the next program is still undecided. “Our full intention is to continue in Kansas City,” said Brown, founder and co-CEO of the national accelerator network. “We love Kansas City…