Local angel investors inject $287,000 to help medical device startup grow, shortly prior to receiving news of FDA clearance
FAIRWAY, Kan. – (February 20, 2017) – The Mid-America Angels investment network (MAA) announced a $287,000 investment in Voxello, an Iowa-based medical device company. The company’s primary product, called the noddleTM, is a pioneering solution that detects voluntary gestures in hospitalized patients who would otherwise be unable to communicate. Today, the company also announced the U.S. Food and Drug Administration (FDA) 510(k) clearance of the noddleTM .
Angel investor groups’ history of investment in EyeVerify and CEO Toby Rush pays off
Mid-America Angel investor network (MAA) portfolio company EyeVerify closed a nine-figure deal with Ant Financial, the payments affiliate of Alibaba Group Holding, Ltd. on Monday. This is Ant Financial’s first U.S. acquisition. Read more
The 17th annual InvestMidwest is seeking applicants to present at the conference on March 23-24 in St. Louis. InvestMidwest continues to attract great investors to see presentations from the best high growth companies in the Midwest-companies that have presented at InvestMidwest have raised over $1 billion in funding and through acquisitions.
There are three industry tracks: life sciences, IT/general business and food/ag/bioenergy. Attached is information on the application process for your reference and to apply visit www.investmidwestforum.com. Read more
This post originally appeared on Silicon Prairie News.
I often get asked about the role of a board of directors by both entrepreneurs and angels. I believe good boards can significantly and positively impact the growth of an early stage company.
The responsibility for that growth falls not just on the CEO and management team but the board as well. In addition, the board ensures accountability and transparency and helps establish appropriate procedures, set milestones and assess performance among other things. Read more
It’s that time of year–the time when entrepreneurs and supporters from across the Silicon Prairie gather to crown our greatest innovators and brightest stars.
This year, the Mid-America Angels investment network is honored to be one of five groups nominated for the Silicon Prairie News “Investor of the Year” award. We’ve been a mainstay capital provider and leader of many Silicon Prairie seed and Series A rounds since 2006. In less than ten years, MAA members have invested over $15 million in regional startups including EyeVerify, Aratana Therapeutics, Bulu Box, Rawxies and Zave and Rhythm Engineering. Read more
Guest post by Jeff Shackelford
In the world of entrepreneurship, the number of times each day that you have to describe your business can be overwhelming. In Kansas City, we’re lucky to have programs like 1 Million Cups, a weekly gathering of local entrepreneurs. These programs help knit together the startup community, publicize early-stage companies, and help startup receive and implement early feedback and advice.