Funding Stories

Security firm Nodal nabs $100K, ramps up hiring

Good news is stacking up for Kansas City-based Nodal Industries. The security hardware tech company recently snagged $100,000 in seed funding as part of an opportunity to participate in the 500 Startup accelerator program, based in Mountain View, Calif. The funding will allow Nodal to hire up to eight people, as well as ramp up production…

LaunchKC, Techweek to welcome 10 tech firms to KC in style

In roughly four months, Kansas City will welcome a crop of tech startups bolstered by thousands of dollars in funding and a rockstar arrival. Kansas City’s LaunchKC competition — which aims to attract 10 tech firms to relocate to KC with $50,000 grants — has partnered with national tech conference Techweek to offer the winners…

Former Sprint COO LeMay dishes on KC capital, failure

There are few people in Kansas City more connected into the area’s investor, corporate and startup community than FarmLink CEO Ron LeMay. Also now managing director of Kansas City-based OpenAir Equity Partners, LeMay frequently sees the successes and failures of the metro area’s capital landscape. The former Sprint COO recently spoke with dozens of Kansas…

RFP365 partners with Kansas City, raises $950K

On the heels of a six-figure raise, area tech firm RFP365 recently landed the City of Kansas City as a client for its software that eases the request for proposal process. The company’s deal with Kansas City was born from the city’s “Innovation Partnership” program, which affords entrepreneurs the opportunity to “test drive” their technologies…

Mid-America Angels race for record-setting investment year

After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet. Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the…