MTC
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…
Federal funds will power Missouri investments for the next 8 years; here’s how your startup can apply
Applications are now open for a popular state-run co-investment program that can provide up to a $2 million equity-based investment in Missouri-based companies that have identified a lead investor for the round. The revived Venture Capital Program and specifically IDEA Fund Co-Investment Programs — coordinated by the Missouri Technology Corporation (MTC) — will be largely funded…
LaunchKC finalists: Meet 13 tech startups vying for six $50K grants in rebooted competition
A revived LaunchKC grants competition is set to return in mid-November with more than a dozen companies vying for $300,000 in non-dilutive funding. Finalists were announced Friday. The 13 Kansas City companies selected to compete Nov. 15 were narrowed from more than 90 applicants, said Becca Castro, strategic initiatives manager at the Economic Development Corporation…
Missouri receives $95M from federal initiative to boost startup, small business growth
A newly announced $27 million in federal funds earmarked to support small businesses, startups, and entrepreneurs is headed to Missouri, representing the first of three awards approved by the U.S. Department of Treasury — totaling $95 million — to be deployed through the Missouri Technology Corporation. The funding comes via the State Small Business Credit Initiative,…
With boost to $31M in funding, how will state agency power MO innovation? Check out its plan
Two months after Gov. Mike Parson and legislators bumped the Missouri Technology Corporation’s budget back into the double digits, the state-funded investment agency introduced its plan for implementing five new strategies designed to catalyze innovation and entrepreneurship in Missouri. Presented early this month at the Governor’s Conference on Economic Development, MTC released an execution roadmap…
