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
Real-life KC startup bros create virtual basement gaming vibes, turning once-isolated streaming into a familiar party
In today’s connected world, gaming with or against relative strangers — or “friends” a player only knows from a specific game or platform — is the norm. A Kansas City startup’s new streaming venture aims to recreate old school gaming-with-friends-in-the-basement vibe in the digital world. Available on Steam for free when its beta goes live…
KC’s college education gap is widening based on income; new effort targets barriers to dreams after high school
A just-announced initiative — backed by the Bloch Family Foundation — has a straightforward goal: put more college advisors in Kansas City Public Schools and develop a strategic plan to boost access to quality, affordable college education or career training after high school. The newly launched Kansas City College and Career Attainment Network (KCCAN) already…
Growth-fueled HR tech startup moving to Crossroads after announcing $9M defense contract
Jumping from a handful of employees to 15 over the past year has come with growing pains for Piccadilly Software Group, said co-founder Abe Dick, but the flip-side comes in the form of enhanced community presence, new office space, and greater opportunity for its signature product. The company this month announced its move to a…
Muralist Sike Style tapped to bring Buck O’Neil’s legacy to life along bridge honoring KC baseball icon
A new mural project honoring legendary baseball player Buck O’Neil not only helps capture the spirit of a Kansas City icon, artist Phil “Sike Style” Shafer said; it bridges a cross-generational legacy for the barrier-breaking sports icon. “Meeting Buck O’Neil at the K was a moment I’ll never forget,” said Shafer, a renowned Kansas City…