Digital Sandbox taps K-State Olathe for office space
April 18, 2017 | Meghan LeVota
The partnership between Digital Sandbox KC and the City of Olathe, Kan. is now a bit stronger.
Companies funded out of the Olathe program will now have access to an office and coworking space via the Kansas State University Olathe campus, located at 22201 W. Innovation Dr., Olathe, Kansas.
“We’re constantly working to break down the barriers that are impacting startups. For Olathe-based startups, co-working space was an issue,” said Digital Sandbox KC executive director Jeff Shackelford in a release. “Teaming up with K-State’s Olathe campus is the perfect solution.”
In 2016, four Olathe-based companies received funding from the proof-of-concept program — MovinHouz, PreScreend, PerfectCube and Windsor Trucking Solutions. But prior to the support from K-State Olathe, there was no dedicated space available for the Olathe-based startups that participate in the Digital Sandbox program.
Digital Sandbox invests up to $25,000 in area businesses for specific projects that help the firms secure additional funding. The organization has now supported a total of 85 proof-of-concept projects which have gone on to raise almost $30 million in follow-on investment capital.
In 2015, Digital Sandbox expanded its reach and partnered with the city, which is in the southern part of the Kansas City metro area. Olathe city manager Michael Wilkes said he’s pleased with the impact the program has had on Olathe-based early-stage entrepreneurs.
“The first round with Digital Sandbox KC was all that we’d hoped it would be,” Wilkes said in a release. “We’re excited to bring K-State Olathe in on this partnership and do more to support early-stage entrepreneurs in our city.”
In March, Digital Sandbox welcomed a new cohort of six area startups. It welcomed 17° 73° Innovation Co, Anticipate Ventures, FEWDM, Homegrown & Happy, Live-K and TicketRx to the program.
2017 Startups to Watch
stats here
Related Posts on Startland News
KC innovator’s anti-itch spray so natural it was discovered on a front porch lab
Homindy founder Ronan Molloy discovered the benefits of his company’s itch relief spray somewhat by accident. During the summer of 2020, Molloy volunteered to participate in a clinical study for a tea with all-natural ingredients that was supposed to reduce inflammation in his right knee. At that time, he was president of the Innovation Stockyard,…
KC capital implants cattle tech startup with fuel to scale, expanding IVF labs, headcount
Livestock production has seen a remarkable transformation since Kerryann Kocher was growing up on her family’s sixth-generation farm in northeast Iowa, the Vytelle CEO said. Instead of just selecting the cow that looks best and bringing in the neighbor’s bull for breeding, as she remembers it, Kocher and Vytelle — a Kansas City-based precision livestock…
Venture experts: Getting your first check in KC is too difficult, but a record influx of coastal investors isn’t a bad substitute
A new report on Kansas City’s venture-backed companies showed year-over-year growth in multiple areas — impressing industry experts who identified key investment trends in the data. More companies with venture capital backing; higher employee counts; a 58 percent boost in fundraising. Yet growth was not universal. Despite gains in top-line figures, the number of Kansas City-based…
RX Savings Solutions sale would see the startup acquired for up to $875M in KC’s biggest-ever exit
The McKesson Corporation has agreed to purchase Overland Park-prescribed Rx Savings Solutions in a deal worth nearly $1 billion. McKesson announced Monday that it had entered into an agreement with the prescription pricing startup valued at up to $875 million — more than double the $425 million price tag for which Kansas City-built Backlot Cars…