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
Idle Smart posts Series A round with KCRise Fund, multimillion-dollar investment support
A multi-million dollar investment round has Kansas City-grown Idle Smart revving its engine and accelerating toward rapid growth in 2019, revealed Jeff Lynch, company president. “I think it’s a reflection of what the team has been able to create over the past few years,” Lynch said of Idle Smart’s completion of a milestone Series A…
LaunchKC winner Erkios: Hacking attacks will come from inside — Fortifi intellectual property
Tinkering with old technology defined childhood for Philip Van Der Straeten, COO of Kansas City tech startup Erkios Systems. Such adventures could one day provide a nationwide payoff for his company, he said. “Our organization was built by tinkerers and critical thinkers attempting to break things down and get a better grasp of what they…
WISE Power generates plans for 9,000-square-foot entertainment lounge at Hy-Vee Arena
Hy-Vee Arena is the perfect place for a WISE Power demo site, said Brittany Williams, but it also is an opportunity to bring innovative leisure to Kansas City. The startup’s new showroom doubles as an entertainment lounge providing food, drink and virtual reality. “We figured we needed demo space — like the Tesla space on…
Pure Pitch Rally winner says local investment will push Fast Democracy toward focus on KC politics
Offering voters a crystal clear look at the legislative process is winning support for Fast Democracy within the Kansas City startup ecosystem, said Jill Kline, the CEO behind the evolving bill tracking platform. “This was always the roadmap. We started out with some of these basic features, wanting to help the general public get their…