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
E-Scholars rebrands, extending Regnier legacy deeper into influential UMKC accelerator
E-Scholars — the University of Missouri-Kansas City’s flagship accelerator program — isn’t going anywhere, Alex Matlack shared, but it is getting a rebrand. After listening to feedback from alumni, mentors, and community members, the program formally known as Entrepreneurship Scholars is now the Regnier Venture Accelerator, joining the likes of the Regnier Venture Creation Challenge…
Plaza-based beauty influencer draws upon her own experience to launch signature brow line
Bella Jimenez built a real-life following in the local beauty industry, perfecting brows across Kansas City for eight years (four on the Country Club Plaza). But with that influence, she realized, came a responsibility to be authentic and honest about brands — ultimately creating her own line of brow products. “I wanted a professional line from…
KC Bier Co’s immersive biergarten set to open in Lenexa before thirsty World Cup visitors arrive
A popular Kansas City brewery officially broke ground Friday on a highly anticipated, border-hopping expansion that will bring one of the nation’s largest authentic Bavarian-style biergartens to Johnson County. “This project has been a long time coming,” said Camille Christie, Vice President of Development and Leasing at West Star Development, which is adding KC Bier…