Funding

KCRise fund lands $10M to kickoff startup investing

By Tommy Felts / September 22, 2016

Kansas City-area startups have a new, local fund to boost their investment rounds. The KCRise fund announced Thursday the closing of $10 million that will co-invest with institutional venture capital groups in early-stage companies based in the Kansas City area. Launched in February in conjunction with the KC Rising economic initiative, the fund was created…

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Olathe partnership bears fruit in latest Digital Sandbox cohort

By Tommy Felts / September 21, 2016

With the buzz of Techweek KC still in the air, Kansas City-based incubator Digital Sandbox reveals the four new startups in their program. Directed by Jeff Shackleford, Digital Sandbox invests up to $25,000 in area companies and provides proof-of-concept resources. Launching in 2013, the incubator has worked with over 300 entrepreneurs and early stage companies…

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Meet Techweek Kansas City’s 2016 LaunchKC winners

By Tommy Felts / September 16, 2016

After a morning evaluating 20 pitches at Union Station, a panel of LaunchKC judges revealed the 10 startups that each snagged a $50,000 grant. LaunchKC — which distributes $500,000 via 10, $50,000 non-dilutive grants — drew more than 400 tech startup applicants for the second year in a row. The 20 finalists included 11 from…

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Mycroft raises $335K for artificial intelligence platform

By Tommy Felts / September 14, 2016

Weeks after becoming a finalist in the LaunchKC grants competition, Lawrence-based startup Mycroft is riding a hot streak with the closing of its angel investment round. Mycroft — which developed an open-source, artificial intelligence device similar to Amazon Echo — recently raised $335,000 from Kansas City’s Northland Angel Investor Network and Star Power Partners. An affiliate…

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Kauffman Foundation, Uber launch grant contest for women-led startups

By Tommy Felts / September 13, 2016

Female entrepreneurs in Kansas City may not have the luxury of riding a “glass escalator,” but on Oct. 26 they can take an Uber ride for a chance at $120,000. The Ewing Marion Kauffman Foundation on Tuesday announced UberPITCH, a nationwide pitch competition in partnership with Uber and business accelerator The Refinery. Women-led startups will…

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