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
KC cannabis dispensary workers win union to gain leverage in a growing industry
Editor’s note: This story was originally published by The Kansas City Beacon, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and Missouri Business Alert. Click here to read the original story from The Kansas City Beacon, an online news outlet focused on local, in-depth journalism…
Squirrel dinner: Families turn to bushy-tailed mammals for nutritious, sustainable meat
Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the KC 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. LAWRENCE, Kansas — A line formed around a conference table as folks helped themselves to bowls…
Worlds of Fun owner, Six Flags to merge into ‘largest amusement park operator’ in US
Editor’s note: The following story was previously 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. Cedar Fair — the parent company of Worlds of Fun in Kansas City — and Six Flags plan a merger…
Sneak peek: Plaza’s two-floor, chef-driven food hall and late-night hangout opening Monday
With the Strang Chef Collective’s third location set to open Monday on the Country Club Plaza, the food hall concept is expected to help serve transformation within Kansas City’s iconic shopping and entertainment district, said Shawn Craft. “To get in on the ground floor and to be a part of that is exciting for us,”…