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
Nonprofit Village in Midtown aims to cut costs, attack basic needs for mission-based groups
An area investment firm has opened a new collaborative working space to help support Kansas City’s vast network of nonprofits. Led by Jon McGraw and Mehgan Flynn, 31w31 investment group launched the Nonprofit Village, a 6,300-square-foot space at the recently-renovated historic building at 31 W. 31st St. The village hopes to soothe the pervasive challenge…
Merchtable powers a chorus of online stores for emerging bands, artists
Lawrence-based Merchtable plays the tune of an accidental tech company, said co-founder Burton Parker, but it’s proven to be a song of success. Operating 200 online merch stores for such varied artists as singer-songwriter Rufus Wainwright, comedian Maria Bamford, avant-garde metal band Neurosis, and a host of podcast, DJ, dance and EDM clients, the business…
Made in KC launching Country Club Plaza marketplace with taproom, food, makers
A new Made in Kansas City retail concept on the Country Club Plaza will offer local makers and food vendors space to grow their product lines, as well as a prominent showcase in one the city’s busiest shopping destinations, said Made in KC co-founder Tyler Enders. “The whole goal of this — which we feel…
I-70 wage gap? Kansas City lags St. Louis on tech pay, snapshot analysis says
St. Louis might be the gateway to higher tech pay — but not by much, according to a new nationwide snapshot analysis of tech industry jobs. The Kansas City metro logged an average tech wage of $90,940 in 2017, falling slightly behind the St. Louis metro at $96,370, based on data released in the Cyberstates…