Tag: MTC

‘Shark Tank’ sets stage for Bryght Labs’ new smart play product rollout amid MO funding uptick

By Tommy Felts / March 7, 2023

Fresh off a successful appearance on “Shark Tank,” Olathe-based connected gaming startup Bryght Labs hopes to capitalize on that exposure to build momentum, said founder and CEO Jeff Wigh. Wigh and co-founder Adam Roush were featured on an episode that aired in December, pitching their product ChessUp, a patented chess board that uses AI technology…

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Healium augments funding with $3.6M seed round, adds Mayo Clinic deal

By Tommy Felts / February 20, 2023

Healium, a virtual and augmented reality biofeedback company, announced Monday one of the largest private equity raises for a women-owned business in mid-Missouri history. The startup — which transforms bio-data from any fitness tracker into immersive, reactive media — has also entered into a know-how license agreement with Mayo Clinic. A “virtual firefly release” using mobile…

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Federal funds will power Missouri investments for the next 8 years; here’s how your startup can apply

By Tommy Felts / October 22, 2022

Applications are now open for a popular state-run co-investment program that can provide up to a $2 million equity-based investment in Missouri-based companies that have identified a lead investor for the round. The revived Venture Capital Program and specifically IDEA Fund Co-Investment Programs — coordinated by the Missouri Technology Corporation (MTC) — will be largely funded…

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LaunchKC finalists: Meet 13 tech startups vying for six $50K grants in rebooted competition

By Tommy Felts / October 22, 2022

A revived LaunchKC grants competition is set to return in mid-November with more than a dozen companies vying for $300,000 in non-dilutive funding. Finalists were announced Friday. The 13 Kansas City companies selected to compete Nov. 15 were narrowed from more than 90 applicants, said Becca Castro, strategic initiatives manager at the Economic Development Corporation…

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Missouri receives $95M from federal initiative to boost startup, small business growth

By Tommy Felts / October 12, 2022

A newly announced $27 million in federal funds earmarked to support small businesses, startups, and entrepreneurs is headed to Missouri, representing the first of three awards approved by the U.S. Department of Treasury — totaling $95 million — to be deployed through the Missouri Technology Corporation. The funding comes via the State Small Business Credit Initiative,…

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