Funding Stories
Rack Performance beefs up with seed investment from former Perceptive Software execs
Lenexa-based Rack Performance has raised a seed investment round that will fuel the exercise tech startup’s sales and development. Rack Performance has raised $300,000 from perceptiveEQUITY, a new early-stage investment firm that’s managed by three former executives at Lenexa-based Perceptive Software, which was purchased by Lexmark International for $280 million in 2010. Lexmark recently sold…
After 2014 departure, Lyft operations return to KCMO
Kansas Citians now have more ridesharing options than just Uber. After nearly a three year hiatus, the ride-sharing giant Lyft on Sunday re-launched its operations in Kansas City, Mo., including Kansas City International Airport. Lyft’s arrival represents more local competition among Uber and Lyft, and more choices for riders in Kansas City. Lyft already was…
Fund Me, KC: Edcoda engages students with 3D adventure learning game
Editor’s note: Fund Me, KC is a series highlighting area entrepreneurs’ efforts to accelerate their businesses via crowdfunding campaigns. If you or your startup is running a campaign, let us know by contacting news@startlandnews.com Who are you? Clarence Tan, founder and CEO of Edcoda. What’s your product? Edcoda is an educational technology startup with the…
JE Dunn leads $500K round in smart apartment startup Homebase
A handful of Kansas City firms both large and small are partnering to advance smart home technologies. JE Dunn Construction Group and Sunflower Development Group have led at $500,000 investment round in Kansas City-based Homebase, a tech firm building an IoT smart apartment and building platform for multi-family properties. Will Winkler of PSW Real Estate,…
SoftBank’s $100B fund manager: Kansas City is a place people want to stay
SoftBank Capital managing partner Ron Fisher recently said he’s open to deploying some of the $100 billion fund he helps manage in the Midwest, including Kansas City. In an interview with VentureBeat, Fisher discussed Tokyo-based SoftBank’s bold plans to dish some $50 billion in venture capital to U.S. firms and thereby create 50,000 jobs. SoftBank…
