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
Beach-loving couple hopes to dissolve fear of sharks with Shark OFF repellent bracelets
Saving limbs, lives, and long-villainized, cartilaginous creatures of the sea — it’s the mission behind a first-of-its-kind Overland Park startup, Shark OFF, said Shea and Geoff Geist. “You’re more likely to get killed by a cow. You’re more likely to die falling out of bed,” said Geoff Geist, half of the husband-wife duo who founded…
LA transplant encourages online shoppers to Continue Good after the sale
Online apparel store Continue Good inspires each customer to complete a small act of kindness, said Mollie Beck, noting the organization’s donations to KC-based anti-trafficking nonprofit Exodus Cry turn the small deeds into a more tangible impact. “I love inspiring people to continue to do good to others, but I wanted to just do more…
Fund Me, KC: Clean Slate hopes to give homeless fresh start with mobile shower unit
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like those behind Clean Slate Mobile Shower Unit — to share their crowdfunding stories to gain additional support. Who are you and what is your organization? My name is Kelsha James I am…
WiGo trips isolated travel in its tracks, connecting like-minded journeys through years-in-the-works app
WiGo Trips takes the isolation out of globetrotting, said Jaqui McCarthy, connecting people on a “LinkedIn for travellers” social networking app set to launch Saturday. Soon to be available on iOS and Android, WiGo is expected to feature a marketplace through which users can display and discuss travel plans, CEO and co-founder McCarthy said. Selected…