Funding
QM Power snags $9M round for high-tech electric motor
Kansas City-based QM Power recently raised significant capital to accelerate development of its electric motor that the company says will transform its industry. The tech firm raised $9.06 million from undisclosed investors to boost development of the “Q-Sync Smart Synchronous Motor.” QM Power says the motor is as much as 80 percent more efficient…
Kansas City’s Five Elms injects $4M in Omaha startup
Kansas City-based Five Elms Capital recently led a round of financing for an Omaha blog-hosting startup. Five Elms led a $4 million round for Flywheel, allowing the startup to add features to its platform for designers and agencies, as well as beef up marketing and sales operations. Linseed Capital and the Nebraska Angels, a network…
Rapid growth propelling grand ambitions for PopBookings
Only weeks after releasing its latest product, event staffing tech firm PopBookings is hiring staff and looking for capital to accommodate for rapid growth. In the last six weeks the Kansas City-based startup has added thousands of users to its platform on which staffing agencies can hire and manage temporary labor for specific events. Now…
LaunchKC, the $500K grant competition, opens applications
The popular LaunchKC grants competition is back for more and is now accepting applications. LaunchKC — which attracted nearly 500 applicants in its inaugural 2015 competition — dishes out 10, $50,000 non-dilutive grants to tech entrepreneurs from around the globe. “We are searching for the best and brightest startups or early stage technology businesses to apply…
Kansas’ angel tax credits sprint to legal finish line
The Kansas House of Representatives nearly unanimously agreed that the state’s Angel Investor Tax Credits program must continue to boost early-stage businesses. The House voted 122 to 3 in favor of a measure that will extend the life of the $6 million program until 2021. Angel investor tax credits, which are set to expire in 2016,…
