Funding Stories
Ideem locks in $2.4M seed round for trust tech spinout driven by Toby Rush, startup veterans
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…
C2FO accesses $30M investment with World Bank-backed IFC to expand KC firm’s working capital platform
A just-announced capital infusion for Leawood-built C2FO reflects a shared commitment with global partners to boosting jobs and strengthening economic opportunities — notably for micro, small and medium enterprises in emerging markets worldwide. The $30 million funding round features investment from the International Finance Corporation (IFC), a member of the World Bank Group, and existing…
Just funded: Meet the newest Digital Sandbox KC startups to earn project innovation resources
The latest round of Digital Sandbox KC funding reflects the region’s commitment to emerging digital health companies — as well as industry-agnostic ventures with big, bold ideas, said Jill Meyer. “These seven startups have shown they have what it takes to be pioneers in their industries, and we’re honored to be able to propel them…
Great Jobs KC leaps closer to its $100M goal with massive grant to support adult financial stability
A just-announced $60 million investment by the Ewing Marion Kauffman Foundation marks a significant step in a Kansas City-based nonprofit’s plans to support 50,000 adults on their journeys toward financial stability, said Earl Martin Phalen. The grant to Great Jobs KC serves three priorities outlined within the Kauffman Foundation’s new grantmaking strategy: college access and…
Meet the winners: Pitch Black competition rewards founders’ vision with $60K in prizes
Founder Godfrey Riddle was overwhelmed with emotion Saturday, he said, after accepting the $30,000 grand prize at the Pitch Black Business Summit — a game-changing development for his sustainable, affordable housing venture, Civic Saint. “I’m feeling phenomenal. Shocked, relieved — just elated,” said Riddle, following the announcement of his win. “It’s crazy because when you…
