Mid-America Angels race for record-setting investment year
April 30, 2015 | Bobby Burch
After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet.
Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the year. Mid-America Angels — whose investments include such companies as EyeVerify, Novita Therapeutics, RareWire and others — is managed by the Enterprise Center of Johnson County.
The investment group recently backed Olathe-based TVAX Animal Health with a $696,000 investment that will offer the company funds to kickstart clinical chemotherapy testing in dogs. TVAX Animal health is a subsidiary of Lenexa-based TVAX Biomedical.
Mid-America Angels also supplied $178,000 to Kansas City-based Rawxies, which makes raw, vegan snacks. The new funds will allow the company to build out its sales and marketing channels, as well as expand its product offerings.
“We’re proud to welcome two additional companies to our MAA portfolio, and look forward to working with the management teams of TVAX Animal Health and Rawxies to ensure both their continued growth and job growth in our region,” ECJC CEO George Hansen said in a release.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
LISTEN: Ground Truth Ag puts real-time objectivity into grain grading; here’s how it makes your food safer
On this episode of our 12-part Plug and Play Topeka podcast series, we speak with Kyle Folk, CEO and founder of Ground Truth Ag — a next-gen ag-tech company using AI, machine vision and near-infrared spectroscopy to deliver real-time grain-quality data across the farm-to-market workflow. Folk shares how his upbringing on a Canadian farm inspired…
Peek inside: Buffalo State Pizza takes another slice of ownership with fresh-baked downtown OP relocation
Three decades of pizza at a popular downtown Overland Park corner might have come to a close this week, as the crew at Buffalo State Pizza Co. picked up the last of what they could carry and walked it a half block down the street to the shop’s new home near another local favorite, The…