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
Kansas City startup ‘walks the talk,’ bungee jumps
Sara Davidson doesn’t lightly espouse a message of fearlessness in business. And that’s why Davidson, the founder of Hello Fearless, is live broadcasting her jump off a cable car in Switzerland. Davidson is hoping to inspire other women around the world to conquer their fears not only with a live-streamed bungee jump — out of a…
Kansas City seeks leaders for Smart City board
The City of Kansas City, Mo., is now seeking nominations to lead the city’s smart city efforts. City leaders hope to attract citizens with experience in smart city technologies to help advise the City of Fountain’s coming Cisco Smart City project, in addition to its other smart city efforts. The newly authorized “Smart City Advisory…
RECAP: 1 Million Cups focuses on time with Mixtape, Flowh
There was a theme at today’s 1 Million Cups KC, and it was time. Two startups presented their businesses, both at different stages, and both in different industries, but both dealing with time — how we remember it and how we manage it. Mixtape founder Joel Johnson was first to present his firm, which created…