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 hosting global animal health investor forum
The premier animal health innovation conference is coming to Kansas City. The KC Animal Health Corridor — an area animal health development organization — expects about 40 venture capital funds to attend the 2015 KC Animal Health Investment Forum, set for Sept 1. Kimberly Young, president of the KC Animal Health Corridor, said that hundreds…
Who’s who of KC tech industry on Techweek 100 list
If you’ve ever worked in the Kansas City tech industry, chances are you know dozens of the faces appearing on the Techweek 100 list. Featuring such figures as Sprint CEO Marcelo Claure and Think Big Partners Managing Director Herb Sih, the list “identifies leaders who have made a significant impact on the technology and innovation…
Education innovation puts KC on the map
Kansas City and education don’t always receive positive press, but this week, the tides have changed. Kansas City is one of 27 “education innovation clusters” worldwide recognized by digital publication Education Week. Included for multi-district efforts to improve education, Kansas City was recognized by Education Week in particular for partnerships among the Ewing Marion Kauffman Foundation, Think…
Events Preview: Forward to the Future, Brews & Big Ideas
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Disruption Institute Demo Day When: August 13 @ 6:00 pm – 8:00 pm Where: The Disruption Institute This Kansas City code school is…