Funding Stories
Black Ambition fund’s $50K gives KC healthech startup the ‘jet fuel we need to propel into 2025’
An initiative led by musician-turned-philanthropist Pharrell Williams to help close the opportunity and wealth gap for Black and Hispanic entrepreneurs has selected Kansas City-based AskSAMIE for its latest cohort of funding, training and mentorship. Through the just-announced Black Ambition cohort, 30 founders are receiving awards between $25,000 and $1 million, totalling $2.7 million. AskSAMIE earned…
It’s sweet victory for Brown Suga; KC’s favorite cookie crew wins AltCap Your Biz (and a $25K treat)
After winning the $25,000 grand prize at Wednesday’s AltCap Your Biz pitch competition, Brown Suga will get some cookie-shaped new wheels, shared founder Ebony Paul. Before opening a brick-and-mortar in Olathe, the cookie bakery launched in 2020 selling at pop-ups and community events. Adding a food truck will help Brown Suga continue to hit the…
Just funded: LaunchKC unveils 7 newest grant winners, topping $385K in startup capital
LaunchKC’s big reveal Tuesday was about more than checking a box — or getting hands on oversized checks — with grant competition winners taking the stage to introduce their companies to an eager community of supporters, entrepreneurs and investors. “This event is incredible,” said Donnie Hampton, co-founder of Roz, one of seven startups honored Tuesday…
KC-built Raven Space Systems awarded $1.8M contract via Air Force’s innovation arm
A LaunchKC alum’s latest stratospheric news: a hefty U.S. defense contract to produce 3D-printed reentry aeroshells for hypersonic flight testing — a breakthrough technology that’s expected to address some of the of most pressing challenges faced by today’s Air Force. Raven Space Systems on Monday announced the $1,800,000 STTR (Small Business Technology Transfer) Phase II contract….
Young mom’s apparel for crawling babies wins best fit for UMKC Side Hustle Challenge
Riley Rhoads knows firsthand how overwhelming it is to shop for baby clothes, the University of Missouri-Kansas City student and new mother shared, so she created a product to help fellow moms. Hold Tight Baby — Rhoads’ venture that earned her first place at UMKC’s Side Hustle Challenge — makes pants for crawling babies. The…
