Startups Stories
Grandview-based battery innovator — Evergy Ventures’ first investment — exiting to global power player
A Kansas City-area startup developing next-generation scalable lithium-ion battery storage systems for land, sea and air is being acquired by a global power management leader, the companies announced Monday. Financial terms of the transaction — through which Grandview-based Spear Power Systems will add its power and talent to Sensata Technologies — were not disclosed. The…
Divide and conquer: Splitsy pulls $70K from crowdfunding, ‘extra bump’ toward launch
Splitsy is ready to cash in on its widespread consumer appeal, revealed Brad Starnes, announcing the close of the startup’s first crowdfunding campaign and what it might mean for its rapidly scaling future. “We’re sitting at about $130,000 in funding right now,” said Starnes, co-founder of Splitsy, noting a nearly $71,000 chunk of the startup’s…
New ranking: How KC can break into the Top 10 Midwest startup cities (and why it hasn’t yet)
A freshly released ranking of Midwest startup hubs shows Kansas City maintaining its years-long position at No. 12, but warns — despite a few recent headline-grabbing wins — the metro faces the threat of stagnation without increased activity, startup reinvestment and government support. “You had to get more funding and big exits just to stay…
Bodify joins Tulsa accelerator with $70K investment, ‘knocking down a lot of dominoes’
One of Kansas City’s most tenacious founders is in the midst of an intensive, six-month accelerator aimed at bringing her fashion tech startup to revenue without decreasing her ownership stake in the company. “Follow-on investment is nice, but you don’t have a company without revenue,” said Carlanda McKinney, founder and CEO of Bodify. “For me,…
KC tech guru, startup advocate talks cryptocurrency’s value: ‘History doesn’t always repeat itself, but it often rhymes’
Cryptocurrency eventually will cause the most significant exchange of wealth mankind has ever experienced, Matthew Marcus forecast, and the web developer-turned-startup community organizer hopes to help others get involved early. “We are essentially in the early 1990s of the internet. The same way we talked about the internet and email 20-some years ago, will be…
