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
Report: Black women’s impact overlooked in KC startup community and beyond
Raise a hand if you know that black women have created more than 1 million jobs, Dell Gines challenged. A statistics-based question –– frequently answered with an expected, yet glacial silence –– acknowledges an unprecedented phenomenon in both the small business community and within the confines of the often-exclusive startup ecosystem, said Gines, Federal Reserve…
‘Class reunion’ collides with newer generation at Top VC-Backed Companies celebration (Photos)
It was a night of old school collisions, said Adam Arredondo, bringing together founders, executives, investors and a curated group of younger startup leaders for Startland’s Top VC-Backed Companies celebration. “The energy in the room was palpable. Many people said it felt like a class reunion, which in a way it was,” added Arredondo, CEO…
Techweek KC addition: Smart City Innovation Workshop builds bottom-up brainstorming
Kansas City residents, entrepreneurs, corporate partners, and city officials plan to come together during the Smart City Innovation Workshop at Techweek KC to brainstorm solutions to day-to-day challenges using smart technology. The workshop pulls into Union Station Oct. 8 — the first day of Techweek KC, which runs through Oct. 12 and is presented by…
Plexpod offers sneak peek at new women-centric Herspace concept (Photos)
Herspace — a freshly renovated wing at Plexpod Westport Commons, part of the KC-based Plexpod coworking community — is designed for women, said Gerald Smith, and it’s a long time coming. “This is front and center. It isn’t tucked away in some far away corner of an upper floor,” said Smith, noting 90 percent of…