Tag: Toby Rush

Ideem locks in $2.4M seed round for trust tech spinout driven by Toby Rush, startup veterans

By Tommy Felts / April 15, 2025

The Ideem team has a clear vision for how to make two-factor authentication easy and invisible for users, serial tech entrepreneur Toby Rush said, noting an early investment round will help the rapidly emerging startup double-down. Ideem announced a $2.4 million seed round Tuesday, backed by Sovereign’s Capital, Quona Capital, Everywhere Ventures, Hustle Fund, Oread…

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KC-based Jayhawk startups earn cut of $570K from Oread Angel Investors pitch event

By Tommy Felts / January 8, 2025

LAWRENCE, Kansas — Four Kansas City-area startups with ties to the University of Kansas recently took home funding infusions from a newly formed network of Sunflower State investors — part of a rapidly advancing initiative led by KU Innovation Park. Members of the Oread Angel Investors network, which launched in September and now has about…

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Web3 conference aims to demystify blockchain, making evolving tech more accessible

By Tommy Felts / October 31, 2023

The future of blockchain has arrived, said Shekhar Gupta, noting that since the technology first gained mainstream interest, it has proven critical in a wide range of use cases that could help to reshape the world as consumers and innovators know it. “A lot has changed in the last three or four years in the…

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Web3 startup led by one of KC’s best-known exited founders redeems $2.5M pre-seed round

By Tommy Felts / March 1, 2023

Redeem, a blockchain agnostic connectivity layer for Web3 that leverages phone numbers to send, receive and redeem utility NFTs, announced Wednesday its $2.5 million pre-seed funding round ahead of its launch, led by veteran blockchain investor Kenetic. The round also includes local venture firms Flyover Capital and KCRise Fund. Funding is expected to be used…

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VC summit: It’s a great place to ‘keep your head down and build’ — but is ‘KC nice’ slowing potential?

By Tommy Felts / November 16, 2022

Building a startup in Kansas City comes with a mix of unique benefits and challenges, said serial entrepreneurs Riddhiman Das and Toby Rush, who both agreed the local ecosystem is enjoying “significant” momentum — while pushing the startup scene to be “more aggressive and more brutally honest.” “When you’re on an exponential growth curve, whenever…

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