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
1 Million Cups credits its six-year run to the strength of its volunteers, entrepreneurs
After six years, the connectivity at 1 Million Cups remains as strong as the coffee, organizers said. The Kansas City-born event series is celebrating the anniversary of its first pour 9 a.m. May 2 with the program’s trademark brew — two startups delivering 10-minute pitches to an audience with the intent to educate, engage and…
Duo creates app-based audio tour exploring KC’s history of segregation
Most Kansas Citians are uninformed on the area’s segregated past, Nathaniel Bozarth said. “To be quite honest, I’m convinced that this ignorance is by design,” said Bozarth, a Kansas City ethnographer and host of the Wide Ruled podcast. “White America does not want to deal with the sins of our fathers and our own sins…
KC suburb ranked among nation’s best cities for Hispanic entrepreneurs
Strong purchasing power for Hispanics in one Johnson County community helped land the suburb on a new ranking of the best cities for Hispanic entrepreneurs. Overland Park, Kansas, cracked the list’s overall top 25, according to WalletHub, a personal finance website that examined more than 180 cities across the United States. The survey pool included…
Fund Me, KC: East Aster Brewing hopes to heal Kansas City from the soil up
Editor’s note: Startland News is continuing its “Fund Me, KC” feature to highlight area entrepreneurial efforts to accelerate businesses or projects. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com. Today’s featured campaign from Kansas City-based East Aster Brewing, which applies lessons from microbiology and microbrewing to gardening in…