Funding Stories

InvestMidwest Venture Capital Forum

Nearly 30 percent of InvestMidwest applicants from Kansas City

Young Kansas City companies are hungry for investor dollars and connections — as evidenced by dozens of metro startups and businesses applying for next month’s InvestMidwest Venture Capital Forum. Of the more than 140 applications from entrepreneurs in 19 states seeking to pitch their companies, 18 hail from Kansas City, Missouri, and 10 call Overland Park…

SPN report: KC underperformed on venture deals by $100M in 2018, despite cool jobs and connectivity

Google Fiber infrastructure and cool tech jobs alone aren’t enough to power a vibrant startup ecosystem rich with venture-backed investments, according to a new report that takes a critical look at Kansas City’s place within the Midwest economy. “The [Kansas City] community boasts the fastest broadband speed and is competitive in most of the other…

Bo Lais, Lula

New $750K investment round for Lula comes with partner in apartment management

Closing a $750,000 seed round is even more impactful with a strategic partner like Worcester Investments, said Lula founder Bo Lais. “We did have three other private investors, that were minority investors with two of them local, but it’s [become] more than just investment with [with Worcester],” said Lais, CEO of the Overland Park-based home…

Life Equals shoots $2.35M oversubscribed round led by former Anheuser-Busch InBev exec

Well, that didn’t take long. A freshly raised $2.35 million investment round will be a turning point for Life Equals, taking its brand to the national stage, said Kyle FitzGerald, announcing the funding Thursday at Startland’s Startups to Watch in 2019 celebration. Life Equals was selected as No. 7 on the list of Kansas City…

Sean Null, Erkios

Digital Sandbox charges three new startups with its proof-of-concept challenge

An effort to elevate Kansas City’s creative minds, Digital Sandbox KC is digging deeper in its sixth year of acceleration — adding three new startups to its portfolio, the proof-of-concept program announced this week. “Our initial goal was to find 10 early-stage concepts that had high-growth potential and help them secure follow-on funding,” said Jeff Shackelford,…