Funding
One Kansas City startup survives national Kauffman contest
After about a month of public deliberation, the 1 in a Million pitch competition has narrowed participating startups down to a top five — and one hails from Kansas City. Although five area companies advanced to the top 40, The Grooming Project is last startup standing from Kansas City. A panel of Kauffman fellows will…
KCRise Fund makes first area investments in SpiderOak, Innara Health
Only a few weeks after closing on its first $10 million, the KCRise Fund announced Wednesday that it has invested in its first Kansas City-area companies. Launched in February in conjunction with the KC Rising economic initiative, the KCRise Fund is joining ongoing investment rounds in SpiderOak and Innara Health. The fund, led by Darcy…
Magic Johnson, David Stern headline $5M round in ShotTracker
A sojourn to the City of Angels has taken on magical meaning for ShotTracker. The Merriam-based firm announced Wednesday that basketball legend Earvin “Magic” Johnson and former NBA Commissioner David Stern are among a group of investors that have injected $5 million into its coffers. The duo of high-profile investors will help accelerate the wearable…
Royals, entrepreneurial stars fielding pitches from Kansas City educators
Children today require more than just a pencil and paper to complete their lesson plan. Thanks to a booming education technology market, teachers’ out-of-pocket spending goes far beyond the occasional pen, pencil or box of tissues nowadays. In 2013, teachers spent $1.6 billion annually to support their classroom. To alleviate the climbing prices of basic…
Batch of startup funding news kicks off Kansas City’s autumn
In response to readers’ desire for quick-hitting stories, Startland News is launching a new segment, “News Flash,” to enable more coverage. Let us know what you think! Fall in Kansas City is off to a solid start for area startups. Several firms in the metro area have recently raised capital that they hope will accelerate…
