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
Coffee shop owner (and superhero super fan) pours himself into the pages of Darkmoon Comics
Mike Gladney might not be living in the Marvel or DC universes, but he is dwelling within the realm of his own dream world surrounded by comic books, he shared. Gladney — and his wife, Vania — own Comic Coffeehouse in Olathe, and now he’s also the editor-in-chief for Kansas City-based Darkmoon Comics. “I’m doing…
Tax service wins Missouri Startup Weekend as entrepreneurs embrace ‘building great stuff’
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. COLUMBIA, Missouri — St. Louis natives David Beach and Bryan Edelman won Missouri Startup…
Theme park developer plans year-round getaway alongside Barbie’s lakeside beach house in KCK
Barbie’s Beach House is just the beginning. The developer behind a planned a new theme park centered around Mattel toys this week released more about its vision for Destination KCK, a year-round entertainment destination coming to Bonner Springs, Kansas, in Wyandotte County. “The development will bring a whole new set of adventures just west of…
She refused to back down; how this gamechanger earned a spot on the field with the KC Current
As a history-making season rolls on for the Kansas City Current, a recent match proved the perfect opportunity to honor the founder and CEO of WeCode KC, said Christina Lively, detailing Tammy Buckner’s selection as the first “Gamechanger” award winner. “Tammy’s story is the perfect example of pursuing your dream and refusing to back down…