Investors

Beyond borders: Federal grant equips KC to build regional $5M seed fund

Pushing aside the Kansas-Missouri “border war,” a bi-state effort has earned a federal grant that will help create a $5 million fund for startups, which could begin investing as early as 2018. The Enterprise Center in Johnson County announced Monday it secured a $150,000 Economic Development Administration Seed Fund Support grant. The grant — which…

With fund now slashed, LaunchKC alumni say MTC vital to early success

PopBookings probably wouldn’t be in business today without the early support — and more critically the investment dollars — of the Missouri Technology Corporation, Erika Klotz said. “It really allowed us to do more quicker,” the PopBookings co-founder and CEO said. “For any startup, speed is everything. It allowed us to get credibility right out…

Greitens eyes private investment dollars to fill MTC budget gap

A new, privately-managed innovation fund could replace a popular startup investment program that was dramatically slashed for 2018 amid Missouri’s budget crunch. The potential strategy change comes as a suggestion from the Hawthorn Foundation’s report to Missouri Gov. Eric Greitens, following the months-long work of an innovation task force charged with assessing the current state…

JE Dunn leads $500K round in smart apartment startup Homebase

A handful of Kansas City firms both large and small are partnering to advance smart home technologies.  JE Dunn Construction Group and Sunflower Development Group have led at $500,000 investment round in Kansas City-based Homebase, a tech firm building an IoT smart apartment and building platform for multi-family properties. Will Winkler of PSW Real Estate,…

SoftBank’s $100B fund manager: Kansas City is a place people want to stay

SoftBank Capital managing partner Ron Fisher recently said he’s open to deploying some of the $100 billion fund he helps manage in the Midwest, including Kansas City. In an interview with VentureBeat, Fisher discussed Tokyo-based SoftBank’s bold plans to dish some $50 billion in venture capital to U.S. firms and thereby create 50,000 jobs. SoftBank…