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
Waldo Thai owner serves first chef collaboration for Kemper Museum’s Artist Dinner Series
The first in a series of three dinner events at the Kemper Museum of Contemporary Art is set to feature James Beard semifinalist Pam Liberda, head chef and owner of Waldo Thai — creating a one-of-a-kind dining experiences blending together the creative worlds of food and art. “Kemper Museum has always cultivated connections between contemporary artists…
No ribbon cutting when a business closes, Plowboys founder says: Know how to start (and stop) on your own terms
A year and a half after Todd Johns closed his restaurants to focus instead on Plowboys-branded retail products, Johns would rather leave a legacy that’s felt within the Kansas City barbecue community than be known as a legend, he shared. “I’d rather know that I helped someone here,” the president of Plowboys Foods told attendees…
KU Innovation Park names new CEO as business incubator ramps up regional eco devo efforts
LAWRENCE — A longtime financial executive at the KU Innovation Park who successfully led funding efforts for the nonprofit economic development organization’s sprawling campus has been officially named its CEO. Adam Courtney most recently served as CFO for the Lawrence-based KU Innovation Park before being named interim CEO in September 2023 after the passing of the…
Book lovers can finally go down The Rabbit Hole at a new North KC children’s literature museum
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. The new museum in North Kansas City’s Iron District is dedicated to immersing kids and their parents in the world of…