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
Advancing women as important now as ever, says STEMMy Awards leader
Women leave tech-intensive industries at a higher rate than their male counterparts because of a lack of encouragement and support, said Renee Keffer, citing a 2014 report by Catalyst. The fifth annual STEMMy Awards Gala aims to change that narrative in Kansas City, Keffer, co-chair of the event, said, but organizers need help: Nominations remain…
Kauffman Foundation’s Philip Gaskin sees entrepreneur ecosystems in the humble snowflake
Editor’s note: This content was sponsored by the Ewing Marion Kauffman Foundation but independently produced by Startland News. When it comes to developing a startup, there’s no better training ground than a political campaign, Philip Gaskin said. “You’re building movements of people to do extraordinary things,” said Gaskin, director of entrepreneurial communities and chief of…
Mother-daughter businesses connected by sustainability, faith, yearning for community
Quoleshna Elbert wants to get — and give — the most bang for her buck, she said. “I’m the person who wants to kill three birds with one stone,” explained the founder of Community Local, an eco-friendly T-shirt brand based in Kansas City. Such drive is hereditary. “We want to be able to go deeper…
17-year-old entrepreneurs find financial, moral support for My Social Gain
Entrepreneurship brought Jaden Evans and Benicio Baeza together, they said. The two juniors at Truman High School in Independence, Missouri, started the social media marketing company My Social Gain in early 2018 after realizing the power of social media for companies. Though the company is only a few months old, My Social Gain already has…