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
Community rallies behind Chris Goode after ‘violating’ overnight Ruby Jean’s break-in
Chris Goode isn’t angry, the Ruby Jean’s founder said after an overnight break-in left shattered glass and an empty cash register at his juicery and kitchen on Troost. “When trials come, maintain the faith and just keeping pressing forward,” Goode said. “People responded to that message pretty quickly. We know that the business is supported…
Butter to eSports: Sprint Accelerator draws new class of startups from coasts to Canada
Josh Green is used to navigating the streets of Brooklyn, hand delivering artisanal butters, chilled in the back of a pickup, he recalled. As founder of Brooklyn Buttery — which crafted a line of flavor-packed, sustainably sourced compound butters designed to bring a high end restaurant experience to home cooks — the entrepreneur’s growth has now…
Experts: Coastal VCs getting FOMO on Kansas City; PayIt’s $100M+ investment proves it
Landing more than $100 million in funding is no small feat for PayIt — or any startup, John Thomson said with a mix of humble confidence. “Wins beget wins, and it helps to build the ecosystem,” said Thomson, CEO and co-founder of PayIt. Click here to read more about PayIt’s investment from Insight Partners. For Thomson,…
LA-based ChowNow hungry for its new Crossroads regional office, KC tech talent
Order up! Los Angeles based ChowNow is ready to serve the Kansas City startup space, Candice Taylor said as the company prepares to open its first regional office in the Crossroads Arts District. “It’s really important for us to be somewhere that has an amazing [food] scene and there’s certainly no shortage of incredible local…