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
I’m with Hank: Meet the tribute-turned-brew child of these beer-drinking serial entrepreneurs
A limited-release craft lager at Jim’s Alley Bar and Alma Mader Brewing pays homage to classic American brewing traditions and a shared family name, said Nick Mader and Eric Flanagan. The duo joined forces this summer to release “Hank” — in honor of several family relatives with the middle name “Henry,” as well as Flanagan’s…
CPKC Stadium, Rabbit hOle named to TIME magazine’s list of ‘World’s Greatest Places’
Two recently opened Kansas City attractions were announced today among 100 extraordinary destinations to visit; named to TIME’s list of the World’s Greatest Places. TIME’s annual feature includes CPKC Stadium, home to the KC Current and the first stadium in the world purpose-built for a women’s professional team, and The Rabbit hOle, a North Kansas…
Kansas artist carves Kamala Harris’ portrait into a field — and left room for her VP pick
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. World-renowned crop artist Stan Herd is almost finished with the portrait of the presumptive Democratic presidential nominee outside Lawrence, Kansas, near…
Tesseract cultivates military drone tech for ag use; targeting American farmer impact
A new vertical for Overland Park-based Tesseract Ventures opens a new crop of opportunity as the cutting-edge company retools its military tech and specialized robotics platform for additional use in the precision agricultural sector. “This technology is a game-changer for U.S. farmers, providing technological advantages previously unavailable on a single platform,” said John Boucard, CEO…