Crowdfunding law has changed, here’s what you need to know
Editors note: This piece was originally published Jan. 7, 2016. The Securities and Exchange Commission’s expanded rules for equity crowdfunding went into effect May 16. This past October, the SEC unveiled its final equity crowdfunding regulations set to take effect May 16. For the first time in the U.S., entrepreneurs will be able to…
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…
Funding roundtable: ‘You can’t fake it’ and more funding advice from KC founders
Your company is steadily growing, but it looks like you’re nearing a plateau. Perhaps your startup is doing just fine, but a well-heeled competitor just entered your market and slapped a target on your customers. Or maybe you’ve got a solid idea but little dough to get it off the ground. Regardless of the case,…
Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities
Welcome back to part two of our roundtable discussion on the early-stage investment sector in Kansas City. For a more formal introduction on this series and its five participants, please refer to part one on Kansas City’s investment culture and evolving economy. Check out the third and final installment of the series with the entrepreneurs’ advice for…
Funding roundtable: Kansas City still has a lot to learn about venture capital
After growing demand for more coverage on Kansas City’s early-stage investment capital landscape, Startland News decided to start a conversation on the subject. In November, we hosted five Kansas City entrepreneurs for a frank discussion on their experience raising funds in and outside of Kansas City. The aim of the conversation was to create a…
University students score opportunities via Pipeline IOTY
Four college student founders are hoping to capitalize on facetime with high-profile businesspeople as part of an inaugural university competition at Pipeline’s Innovator of the Year event. Students from four regional universities will present their startups at the annual Kansas City-hosted IOTY event, which features a pitch competition among 10 Pipeline fellows, an evening gala…
Blooom wins Kauffman Foundation pitch bout, $10K
Can anything stop Blooom? Continuing its streak of wins and successes, the financial tech firm on Wednesday morning won a national pitch contest at the Ewing Marion Kauffman Foundation. Leawood-based Blooom beat out four other finalists in the inaugural One in a Million pitch contest, which initially drew more than 350 applicants. Blooom survived several…
5 takeaways from Midwest tech investment report
Lead Bank and investment research firm CB Insights recently analyzed the Midwest tech investing scene and distilled their findings into a report. The nearly 40-page report looks at investment trends, performance, major players and more. Here are five takeaways from the report. 1) The Midwest accounted for a small piece of the national tech investment…
Sizzling startup Video Fizz to represent KC in national Techweek competition
After a sizzling summer, Video Fizz is continuing its hot streak with a growing investment round and a chance to win more funding at a national pitch contest. Founded by Laura Steward, Video Fizz in September won a $50,000 grant as part of the LaunchKC pitch competition. Video Fizz, an app that enables collaboration to…
Blooom co-founder dissects $4M raise
Financial tech firm Blooom recently snagged one of the Kansas City area’s largest funding rounds in months. QED Investors from Alexandria, Va., led Blooom’s $4 million Series A round, which also included investments from DST Systems Inc., Commerce Ventures, Hyde Park Venture Partners and UMB. The Leawood-based firm plans to use the funds to hire new sales…
Blooom to expand with $4M Series A
Financial tech firm Blooom is blossoming into a local startup success story. The Leawood-based company announced Thursday that it raised $4 million in a Series A round to expand its operations. QED Investors from Alexandria, Va., led the round, which also included DST Systems Inc., Commerce Ventures, Hyde Park Venture Partners and UMB. Blooom created an online…
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