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
SPN report: KC underperformed on venture deals by $100M in 2018, despite cool jobs and connectivity
Google Fiber infrastructure and cool tech jobs alone aren’t enough to power a vibrant startup ecosystem rich with venture-backed investments, according to a new report that takes a critical look at Kansas City’s place within the Midwest economy. “The [Kansas City] community boasts the fastest broadband speed and is competitive in most of the other…
CB Insights calls KCRise most active VC in Kansas; Fund credits work of small team, innovative portfolio startups
Kansans don’t fear hard work, said Darcy Howe. An investment in such a mindset has come with big returns for the KCRise Fund, newly proclaimed the most active venture capital fund in the Sunflower State, according to CB Insights. “Perhaps overused but Margaret Mead’s quote, ‘Never doubt that a small group of thoughtful, committed citizens…
Overland Park-based CAPS education network launching cross-cultural program in India
The Center for Advanced Professional Studies’ (CAPS) first international affiliate program in India has the potential to break down geographic barriers to provide students with exposure to real workplace experiences on a global stage, said Corey Mohn. “I think [the American School of Bombay] is really the perfect partner to get started with,” said Mohn,…
New $750K investment round for Lula comes with partner in apartment management
Closing a $750,000 seed round is even more impactful with a strategic partner like Worcester Investments, said Lula founder Bo Lais. “We did have three other private investors, that were minority investors with two of them local, but it’s [become] more than just investment with [with Worcester],” said Lais, CEO of the Overland Park-based home…