Missouri Technology Corporation
MTC hits $50M investment milestone through its state-sponsored venture capital program
JEFFERSON CITY, Missouri — A Show-Me State program launched a decade ago to drive economic development in Missouri and support tech founders has surpassed $50 million in equity-based investments for nearly 160 Missouri-based technology startups. The Missouri Technology Corporation announced the milestone Tuesday, lauding its Innovation, Development, and Entrepreneurial Advancement (IDEA) Fund for impact that…
Trio of Kansas City startups among Missouri’s latest equity investments; $2.4M awarded in July
Three high-profile tech startups in Kansas City each earned a portion of the $2.4 million awarded in July by the Missouri Technology Corporation, the agency announced this week “We are thrilled to announce another set of awards to support the high-tech, high-growth startups committed to growing in Missouri,” said Jack Scatizzi, executive director of MTC….
‘Shark Tank’ sets stage for Bryght Labs’ new smart play product rollout amid MO funding uptick
Fresh off a successful appearance on “Shark Tank,” Olathe-based connected gaming startup Bryght Labs hopes to capitalize on that exposure to build momentum, said founder and CEO Jeff Wigh. Wigh and co-founder Adam Roush were featured on an episode that aired in December, pitching their product ChessUp, a patented chess board that uses AI technology…
Healium augments funding with $3.6M seed round, adds Mayo Clinic deal
Healium, a virtual and augmented reality biofeedback company, announced Monday one of the largest private equity raises for a women-owned business in mid-Missouri history. The startup — which transforms bio-data from any fitness tracker into immersive, reactive media — has also entered into a know-how license agreement with Mayo Clinic. A “virtual firefly release” using mobile…
ROI from PayIt’s recent $90M investment displays value of MTC’s early support, agency says
Marquee successes for two Show Me state companies — including a massive funding round for one rapidly growing Kansas City govtech scaleup — show the value of Missouri Technology Corporation’s early stage investment programs, said state and agency officials Thursday. A key example, they touted: PayIt, a SaaS platform that simplifies interactions between government agencies and…
