Funding Stories
By the Numbers: A look at Midwest tech investment in 2015
Startland News recently distilled a report by Lead Bank and investment research firm CB Insights that analyzed the Midwest tech investing scene. Here are a few more of the findings from the nearly 40-page report, as presented by Startland’s Kat Hungerford.
Shawnee tax incentives aim to lure startups to the ‘burbs
The City of Shawnee is poised to kick off a tax incentive program that hopes to attract “high-growth” tech companies to the area by alleviating initial startup costs. Shawnee City councilman Brandon Kenig said that the “Startup Workforce Relocation and Expansion Program” will encourage job growth and innovation in one of Kansas’ fastest growing cities….
Ag tech firm Farmobile reaps big multi-million dollar investment
Agriculture company Farmoblie reaped substantial funding to accelerate development and distribution of its technology to collect data from farm machinery. The Kansas City-based firm snagged a $5.5 million Series A round of equity investment led by Amsterdam-based Anterra Capital. Founded in 2013, Farmoblie created a device — or Passive Upload Connection (PUC) — that plugs into…
Regional venture capital and why Valley firms moved to the Midwest
In this week’s regional roundup, we have the dish on everything you should know from regional venture capital and cyber security to building a company that survives a dynamic tech market. For more on this series, read our introduction. St. Louis Biz Journal: Big raises, new funds highlight year for venture capital in St. Louis Not only…
‘Happy we don’t have to leave’ Little Hoots’ $450K raise will keep KC home
Once on the verge of departing its hometown, Kansas City-based Little Hoots recently raised funds to boost development of its app, allowing the startup to remain in the City of Fountains. Led by CEO Lacey Ellis, Little Hoots’ memory-keeping app struggled to find traction with Kansas City area investors, which nearly forced the company to…