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
Scaling fintech: Missouri Coast CEO nets solution to Platte River’s fish-flinging kayak attacks
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. A little ripple tears through the muddy water. It’s small. It’s so small,…
Kelce brothers announce $100M ‘landmark deal’ for podcast in sign of audio format’s growth
Editor’s note: This story was originally published by Missouri Business Alert, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon. Click here to read the original story. Travis Kelce is making waves in the podcast world like he does on…
$250K node grant expected to fund AI upgrade at KCSourceLink, part-time navigators for PHKC, Square One, The Toolbox
A hefty new grant is expected to build upon a community collaboration’s framework to help small businesses start and grow over the next five to 10 years in the Kansas City area. The goal: better access to diverse resources for local entrepreneurs. The Missouri Technology Corporation (MTC) earlier this month announced a $250,000 regional node…
Police hold 2 teen suspects in killing of Kansas City chef Shaun Brady, as Irish community mourns
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. Brady & Fox chef Shaun Brady was a key organizer in Kansas City’s Irish Fest, which is scheduled to go on…