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
Gains you can see: StratFit’s new gym in Waldo reps digital fitness platform’s heavy lifting
With his NYC-inspired training studio in Waldo opening earlier this spring, Daniel McKee wants to keep busy professionals motivated to stick to their fitness goals — and use the space to refine and advance adoption of his tech platform. “Everyone that comes to the door is very impressed with the place, we tried to make…
Former college startup founders reunite for brunch concept: Why they jumped at this franchise twist
WICHITA, Kansas — Jacob O’Connor and Jon Peterson — two former Wichita State students turned entrepreneurs — are teaming up once again, this time for brunch, they shared. The high school friends and co-founders of 618 Ventures and Player Card are partnering with a mentor to bring the upscale, Orlando-based brunch concept Another Broken Egg…
Meet LaunchKC’s latest crew of social changemakers; cohort excited for connectivity
Seven Kansas City social ventures are expected to get a boost from LaunchKC’s latest cohort — with entrepreneurs already eager for the human support and resources offered by the popular venture studio program. “I’ve had an opportunity to interact with some of the previous participants and mentors, so I know the value of an organization like…
Transportant’s newest partnership gets KC startup’s smart dashboard onto more school buses
Buses equipped with advanced technology from Transportant are expected to enhance safety for students and drivers — as well as peace of mind for parents and school administrators — thanks to a new multistate partnership. RWC Group, a commercial truck and bus dealership that serves five states, on Wednesday announced a new collaboration with Lenexa-based Transportant…