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
ShotTracker, NBA champ Klay Thompson set for virtual camp
The Golden State Warriors weren’t the only team elated from its Tuesday night NBA Championship win over the Cleveland Cavaliers. Overland Park-based ShotTracker also snagged a win alongside the Warriors’ first championship since 1975, as the wearable tech firm’s recent endorsement deal with Golden State guard Klay Thompson received another coat of varnish. Golden State’s…
Digital Sandbox helps entrepreneurs fight summer slump
With summer knocking at the door, Digital Sandbox KC is taking initiative to provide resources and instruction to keep entrepreneurs engaged and on-point. Digital Sandbox, a proof-of-concept program that expedites area businesses’ projects, will host the third-annual “Summer in the Sand Series” as a way of prompting discussion around relevant topics for entrepreneurs. “The Summer…
Techstars acquires UP Global, expands KC footprint
The global business accelerator firm that operates the Sprint Mobile Health Accelerator announced a major acquisition Tuesday that will expand its reach in Kansas City. Boulder-based Techstars reported Tuesday morning that it acquired UP Global, an international non-profit that fosters entrepreneurship with a variety of events and programs around the world. UP Global operates the…
Stackify continues global growth ahead of HQ move
Kansas City-based tech firm Stackify is posting a solid year of growth that’s leading it to hop the state line for more office space. Led by CEO Matt Watson, Stackify is moving its headquarters and 15 staff members from Kansas City’s Waldo neighborhood to Leawood, Kan., for larger and swankier offices. Watson said that Stackify…