Funding Stories
Likarda scaling up biotech research firm with $4M angel boost, new lab
An animal’s diabetes diagnosis comes with a heavy burden for the pet’s owners, Lisa Stehno-Bittel said. And it’s not just the cost of treatment, the president and co-founder of Likarda added. “Of those who will try twice-daily insulin injections, within a year, half of those have given up,” she said. “A lot of that is…
CEO: Infusion Express $13.5M round proves realistic investment can come to KC
When Kansas City-based Infusion Express closed a $13.5 million Series B round earlier this month with McKesson Ventures as its lead investor, the move wasn’t a fluke, Don Peterson said. “If you build something really great, the money will find you,” said Peterson, CEO of Infusion Express. “I didn’t call McKesson, they called me. When…
Ag tech startup Farmobile raises $18M round for global expansion
Ag tech company Farmobile has reaped a substantial Series B funding round that positions the firm to rapidly accelerate across the world. The Overland Park-based company announced Friday that it raised $18.1 million to expand its data platform to help farmers mitigate risks and generate a revenue from the data they own. The round includes…
$1.6M grant will create incubator for low-income, minority entrepreneurs
A large federal grant will help reanimate an older industrial building in Kansas City to serve as a small business incubator. The U.S. Economic Development Administration recently awarded a $1.6 million grant to the Hispanic Economic Development Corporation of Kansas City, Missouri. The Kansas City organization said that the grant should create about 90 new…
Pipeline receives up to $2M from Kauffman Foundation grant
Pipeline Entrepreneurs announced Tuesday that the fellowship program is deepening its relationship with the Ewing Marion Kauffman Foundation and receiving a challenge grant of more than $2 million over the next four years. The grant amount is dependent upon private fundraising with the foundation matching dollar-for-dollar, a release said. Launched in 2006, Pipeline offers an…
