Funding Stories
Metactive announces nearly $3M combined in funding round, government grant
Fairway-based Metactive has raised a $1.2 million round to accelerate the development of its products for the treatment of neurovascular, peripheral vascular and structural heart diseases. The round included Kansas City-based Mid-America Angels, as well as Serra Ventures. Founded by CEO Nick Franano, Metactive has raised more than $10 million to date. In addition to…
C2FO raises massive $100M round for global expansion
In what is believed to be the largest venture-backed funding round in the Kansas City area’s history, C2FO is lighting the fuse on its global expansion with a $100 million capital raise. The Leawood-based financial tech firm’s round was led by Munich-based Allianz X and Abu Dhabi-based Mubadala Investment Company, and included participation from Temasek,…
Techstars KC alum Grit Virtual posts $840K oversubscribed seed round
Reality is starting to sink in for Grit Virtual, said co-founder Chris Callen. “It’s exciting to finally be able to talk about our funding rounds and the successes we have had,” Callen said. “It’s been an exciting ride so far, and we’re kind of gearing up to make it a real company, not just an R&D…
Mycroft hits crowdfunding goal in hours, raises $400K for Mark II
Mycroft’s Mark II crowdfunding campaign raised eight times its goal — and the tech firm is still counting. The Kansas City-based startup set out to raise $50,000 on Kickstarter and garner support from early adopters for its voice assistant product Mark II — similar to Amazon’s Alexa, Apple’s Siri or Microsoft’s Cortana. Mycroft “blew through”…
Techstars’ Lesa Mitchell: Non-sexy sectors are ripe for disruption
Editor’s note: The opinions expressed in this commentary are the author’s alone. In the process of looking for a new crop of companies to invest in on behalf of Techstars Kansas City, I thought I should highlight the type of companies I think are undervalued and critical to our economy. In 2017 we invested in…
