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
Leave KC better than you found it: How matching growth to city’s needs is paying off
Editor’s note: The following is the first in a four-part series exploring the verticals and impact of initiatives within the Economic Development Corporation of Kansas City through a paid partnership with EDCKC. Wrong tool can wreck a neighborhood; Precision development key to avoiding gentrification’s negative impacts Homegrown startups can redefine KC; they just need help…
Brothers bringing Jerusalem Cafe, Chick-In Waffle, sober bar mashup to Power & Light
The Kansas City Power & Light District is getting a new flagship venue that will combine two popular local restaurant brands and a new mocktail bar/coffee shop concept. Brothers and second-generation restaurateurs, Dennis and Adam Alazzeh, are taking a 6,300-square-foot space at 131 E. 14th St. and — after a major renovation — plan to…
Chicken footstools gain fine art foothold through collaboration with no pecking order
A pair of two-dimensional designers at Ampersand Design Studio and their three-dimensional collaborators at The City Girl Farm just flocked together to release a new collection of two-foot-tall fiber-feathered fowl “footstools.” “Birds of Feather” — a 19-piece assortment of sculptural chickens crafted by the two women-owned businesses (inspired by Ampersand’s bold and colorful brand; translated,…
UMKC pitch challenge awards $95K+ for ‘entrepreneur state of mind’ in and outside the classroom
Winning $15,000 in Friday’s pitch competition at UMKC’s Regnier Venture Creation Challenge felt like the culmination of years of hard work and development, said Iyshia Sims. “Oh my gosh, I’m just so proud of myself,” said Sims, founder of ‘Amir’acle Body Butters and More. “I felt really good after the pitch, I have pitched a…