Funding
Olathe partnership bears fruit in latest Digital Sandbox cohort
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…
Meet Techweek Kansas City’s 2016 LaunchKC winners
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…
Mycroft raises $335K for artificial intelligence platform
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…
Kauffman Foundation, Uber launch grant contest for women-led startups
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…
EyeVerify sells to Alibaba affiliate for more than $100M
In what represents one of the metro’s most notable exits in the last decade, Kansas City-based startup EyeVerify announced Tuesday that it has been acquired. Ant Financial — the payments affiliate of Alibaba Group Holding — purchased EyeVerify for more than $100 million, according to an unnamed local source familiar with the deal. Ant Financial…
