Funding
Mobility Designed raises nearly $900K from iiM, local investors
The seed round for Kansas City-based Mobility Designed is approaching seven figures following the support of a local investment firm. Overland Park-based Innovation in Motion (iiM) recently joined the medical device startup’s round, which is approaching $900,000 and comprised mostly of individual investors. Led by CEO Liliana Younger, Mobility Designed created the M+D Crutch, a…
After St. Joseph tech firm acquisition, Online Tech expands to KC
Ann Arbor-based Online Tech has acquired a St. Joseph, Mo. cloud firm, paving the way for its expansion into Kansas City. The cloud security company announced Thursday that it purchased St. Joseph-based Echo Cloud, which provides colocation and cloud hosting services. Echo Cloud CEO Bill Severn said he’s pleased to be joining the Online Tech…
Survey: Most regional investors want a better due diligence process
For investors, investigating deals isn’t always an easy process. From examining an industry’s opportunity to loads of legal analysis, the amount of work in the due diligence process is often enough to deter financiers from investing in a firm. That’s why in a recent survey, a majority of regional investors said they’d love a better…
Investor dinners, KC hospitality garner praise at Rise of the Rest Summit
Kansas City’s hospitality recently took center stage at the national Rise of the Rest Summit in Washington, D.C. Addressing ecosystem leaders around the nation, KCRise Fund managing director Darcy Howe shared strategies she’s used to build the KCRise fund, including a tactic that’s nourishing area startups — literally and figuratively. In addition to showcasing her…
Royal Street Ventures, Kauffman Foundation announce KC University Venture Program
The early-stage capital scene in Kansas City is getting a youthful shot in the arm. Designed to give Kansas City-area university students interested in entrepreneurship and private finance deep and real-world experience, the newly announced Kansas City University Venture Program aims to create a pipeline of experienced, young early-stage investors. Led by Royal Street Ventures…
