Funding

What the Flokk? Startup to connect residents with area events

By Tommy Felts / July 26, 2016

For Trey Rhedrick, the alarm sounds at 5 a.m. He rises before the sun to work at Black & Veatch as a chemical engineer project manager. When finished at 5 p.m., Rhedrick conducts a couple meetings for his other gig before heading home to snarf down dinner. For the next six to eight hours —…

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Fishtech Labs invests $3M in Overland Park security firm

By Tommy Felts / July 21, 2016

Tech accelerator Fishtech Labs on Thursday announced its first major investment in Foresite, an Overland Park-based managed security provider. Founded by serial entrepreneur Gary Fish, the Kansas City-based accelerator is investing $3 million in Foresite, which offers cyber security and compliance services for businesses. Unlike most managed service providers, Foresite uses a “white label” approach…

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Mid-America Angels set for second consecutive record-breaking year

By Tommy Felts / July 18, 2016

The Mid-America Angels is poised to make 2016 a record-breaking year. The area investment group already has deployed $1.7 million via seven deals in the first six months of 2016, setting pace for its biggest year of investment in its ten-year history. In 2015, the firm set a record for its amount of capital deployed,…

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With a fresh $2M, Athlete Network sets ambitious growth goals

By Tommy Felts / July 15, 2016

Athlete Network has scored a slam dunk with a $2 million seed round raise. The Lenexa-based firm that created a social network for athletes announced Thursday it had closed its first funding round after bootstrapping for two years, Athlete Network CEO Chris Smith said. The platform aims “to keep athletes competing in life” by enabling…

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Digital Sandbox expands to Independence, Mo.

By Tommy Felts / July 14, 2016

Digital Sandbox KC is expanding into more surrounding Kansas City suburbs. The business incubator has partnered with the City of Independence and the Independence Economic Development Council to help early-stage entrepreneurs grow their businesses in the municipal directly east of Kansas City. Digital Sandbox — which provides up to $25,000 to area businesses for specific projects…

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