Funding Stories

Silicon Valley accelerator 500 Startups invests in KC tech firm

A Kansas City firm planning to transform the world with its artificial intelligence tech recently landed in a highly-esteemed startup accelerator in Silicon Valley. Mycroft announced Wednesday that it’s in the latest cohort of 500 Startups, a global venture capital seed fund and startup accelerator that manages $200 million in assets and has invested in…

With investors clamoring for more, Blooom raises $9.15 million

One of the area’s top startups, finance tech firm Blooom has landed a significant round of financing to accelerate its online tool to boost users’ retirement savings. The firm announced Monday that it raised $9.15 million in an oversubscribed Series B round that features some behemoths in finance tech investing. The round was co-led by…

Life Equals raises $780K, opens larger West Bottoms office

Health supplement startup Life Equals is the latest firm to outgrow the entrepreneurial hamlet known as the Kansas City Startup Village. Thanks to a growing team, the Lenexa-based company — which sells vitamins and supplement products — is ditching its quaint 900-square-foot office in the village to create a spacious 3,700-square-foot event space in the…

How Kansas City’s accelerators are fueling area innovation

In partnership with Think Big Partners, the Innovation Exchange offers Kansas Citians context and behind-the-scenes details on newsmakers in the area entrepreneurial ecosystem. This month, area leaders — including the Techstars Kansas city managing director Lesa Mitchell — discussed the impact that accelerators have on the metro’s entrepreneurial community. If you missed the event, you…

With KC expansion set, EquipmentShare raises $28.4M

A firm that’s planning to open a Kansas City tech office snagged millions in equity financing for its platform touted as the “Airbnb for construction equipment.” Based in Columbia, Mo., EquipmentShare raised about $28.4 in a Series B round that will accelerate its expansion to major metros around the nation, according to a filing with…