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
Wave of anti-trans bills in Midwest could turn founders (and their businesses) into political refugees fleeing MO, KS
At 50, Suzanne Wheeler never imagined her government would propose legislation to take her health care away, she shared. In April, Missouri Attorney General Andrew Bailey announced a plan to issue emergency rules on transgender care. The regulations would make Missouri the first state to severely restrict transgender care for adults, in addition to children.…
Wild Way gets its big fika break: KC’s perkiest coffee camper parks a starring role on Peacock series
Seeing her coffee camper featured on the Peacock series “The Gentle Art of Swedish Death Cleaning” is a wild and surreal experience, Wild Way Coffee owner Christine Clutton shared. On top of offering a caffeine boost for the production crew of the series — which debuted at the end of April on NBC’s streaming platform…
KCK startup joins Tulsa Techstars, building toward expected $1.2M funding round
Another Kansas City startup is headed for entrepreneurial resources in Oklahoma with Foresight Reporting’s just-announced acceptance into The Build in Tulsa Techstars Accelerator. “We’re very excited to not only be embedded in the Tulsa entrepreneurial ecosystem, but also in its rich culture and history,” said Jannae Gammage, CEO and co-founder of Kansas City, Kansas-built Foresight.…
Combat to capital: Vetelligence founder secures NMotion investment, accelerator deployment
A Kansas City-based startup focused on guiding military service members into tech careers is among the latest companies selected for a top regional accelerator — strengthened by its founder’s own background as a veteran-turned-entrepreneur. Vetelligence — led by Zachary Oshinbanjo, who served nearly four years as an indirect infantryman and specialist in the U.S. Army…