KCRise Fund closes $34M Fund III with ‘hyper-local’ focus; Here are its first four investments
A third venture capital fund — expected to invest $34 million in 20 more tech startups across the Kansas City region — builds on KCRise Fund’s thesis that high-growth local companies are the key to investor success, said Ed Frindt. It’s a competitive advantage that swells with each wave of funding, he added, announcing the…
Read MoreThese makers and vendors aren’t buying the scarcity mindset: ‘There’s a way for us all to eat’
A new vendor fair aims to unite people from all corners of the city and promote collaboration among the local vendor community, said entrepreneur and event organizer Dontavious Young. “I see a lot of events in Kansas City that are geared toward a specific type of crowd, or a specific type of culture, or a…
Read More$16M round for health tech startup growing AI agents to perform administrative tasks
A Seattle company with a talent hub in Kansas City announced Wednesday a $16 million seed round that includes investment from KCRise Fund and a promise to leverage conversational artificial intelligence alongside human talent to boost workplace productivity. Outbound AI emerged from stealth mode in 2022 to a market hungry for solutions, said Stead Burwell,…
Read MoreUnited Way’s $2M Kauffman-backed Catalyst Fund just picked its first 22 nonprofit grantees
Leaders and organizations who are directly connected and engaged with their communities — especially communities of color — are essential to building a vibrant and inclusive Kansas City, said Gloria Jackson-Leathers, announcing a slew of grant winners from the new $2 million Nonprofit Catalyst Fund. “We are excited to see these grants begin to benefit small…
Read MoreDeep tech is the indie rock of innovation: How a summer festival’s return puts it back on stage
After a successful debut in 2022, Kansas City’s Innovation Festival is returning in August with more beats, beer, and biologics, shared Sonia Hall, teasing the addition of burgeoning businesses and a berry. To industry insiders, the event — planned for Aug. 3-5 at Crown Center — is a deep tech conference (with the addition of…
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