Angel investors recommit to KC with new fund
September 8, 2015 | Ashley Jost
A new micro venture investment fund launched in Kansas City last week is targeting local, regional and national technology and science startups for funding.
The fund, run by Angel Capital Group, is targeting $1 million to $5 million in capital to invest.
This isn’t ACG’s first funding effort in Kansas City. The organization has a chapter dedicated entirely to the Kansas City region, and has a history of investing in seven different regional companies, including Innara Health, ABPathfinder, TVAX Biomedical and Venture360. ACG’s area chapter has operated since summer 2012.
The investor group tapped Shane Spencer, an area consultant and portfolio manager, to be the fund’s general manager.
“It is an exciting time for this chapter and Angel Capital Group as they recommit to Kansas City through the transition to a fund model which will allow us to better support the entrepreneurs, startups and investors in our region,” Spencer said in a news release.
The announcement comes on the heels of Angel Capital Group announcing a merger last year with RAIN Source Capital of Minneapolis, creating a national syndicate of angel groups and funds.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
KC welcomed Baba’s Pantry with open arms; now a family bakery shows off Palestinian treats
Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. After their cafe was named one of 2022’s best new restaurants by Bon Appetit magazine, the Kamal family is expanding its…
How Trump’s views on climate raise questions for Kansas’ biggest bet: a $4B Panasonic plant in De Soto
Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. Headwinds don’t dampen enthusiasm of company executives, government officials The mammoth $4 billion…
Lula builds $28M round with bicoastal investor; plans deep expansion into new markets
Securing Lula’s Series A funding round is not only validation for the Kansas City proptech startup, Bo Lais said; the $28 million in capital means a greater opportunity to enhance the ecosystem for all of his company’s stakeholders, he added. The funding will allow Lula — a leading platform for streamlined property maintenance solutions and…
Invary’s $3.5M seed round gives startup homefield advantage to rewrite the rules of cybersecurity
A $3.5 million seed round backed by two high-profile Kansas City funds is expected to help Invary redefine runtime security, said Jason Rogers, CEO of the Lawrence-based cybersecurity startup — making new funding headlines from within the KU Innovation Park. Invary — a pioneer in Runtime Integrity solutions built on NSA-licensed technology — announced the round…