Funding Stories
Meet the 10 startup winners of LaunchKC’s $50K
LaunchKC announced the winners of 10, $50,000 grants Friday during a celebration at the inaugural Techweek Kansas City conference. More than 40 judges evaluated pitches from 20 contest finalists, who pitched their companies Friday morning at Union Station before a crowd of about 100 people. LaunchKC kicked off in February and nabbed nearly 500 total applicants…
Neighborly nabs $5.5M from Formation 8, Ashton Kutcher
Neighborly, a San Francisco-based startup with an office in Kansas City, recently landed a multi-million dollar investment for its community investment marketplace. The company, which relocated its headquarters from Kansas City to San Francisco after struggling to raise local capital, raised $5.5 million from venture capital firms Formation 8 and Ashton Kutcher’s Sound Ventures, according…
5 takeaways from most entrepreneurial city report
A report analyzing progress on Kansas City’s goal to become America’s most entrepreneurial city highlighted a trove of information on the area’s early-stage business community. KCSourceLink’s second-annual “We Create KC” report dissects the metro’s entrepreneurial ecosystem, including its headway toward realizing a challenge to become the nation’s most entrepreneurial city. Expounding on such metrics as…
TechAccel advances on two agriculture deals
Technology Acceleration Partners, or TechAccel, advanced two deals that significantly boost the group’s investment effort into the agriculture sector. The deals include a licensing agreement with Kansas State University for a patent on a bio-pesticide, and an equity investment in Benson Hill Biosystems. The private capital development company — founded by Michael Helmstetter and the Bicknell Family Holding Company — announced the…
Angel investors recommit to KC with new fund
A new micro venture investment fund launched in Kansas City last week is targeting local, regional and national technology and science startups for funding. The fund, run by Angel Capital Group, is targeting $1 million to $5 million in capital to invest. This isn’t ACG’s first funding effort in Kansas City. The organization has a…
