September 1st, 2015 by Eric Dobson
Kansas City, MO (PRWEB) September 1, 2015 – Angel Capital Group, a leading national angel investor network, is proud to announce a new micro venture investment fund in Kansas City (www.theangelcapitalgroup.com/locations/kansas-city/). The fund will target between $1 million and $5 million in capital to be invested in local, regional, and national science and technology enable startups.
Angel Capital Group was founded in 2007 and merged with RAIN Source Capital of Minneapolis, MN in 2014 to create a national syndicate of angel groups and funds. ACG has maintained continuous operations of its Kansas City Chapter since July of 2012. It has invested in seven regional companies, Innara Health, AB Pathfinder, Nitride Solutions, Moblico, TVAX Biomedical, Venture360, and LeadHorse Technologies.
Eric Dobson, CEO of Angel Capital Group, elaborated on the importance of ACG’s Kansas City operations saying, “Kansas City has a strong entrepreneurial spirit and is an icon in the angel investing world due to the many commercial anchors and foundations that support entrepreneurs dreams and achievements. We look forward to many more years of supporting economic impact and wealth creation for the city and region.”
The fund’s general manager, Shane Spencer, said “I’m elated to join the local investors of the Kansas City Angel Capital Group chapter. It is an exciting time for this chapter and Angel Capital Group as they recommit to Kansas City through the transition to a fund model which will allow us to better support the entrepreneurs, startups and investors in our region.” Dobson added, “We have found a kindred spirit in Shane. He is a savvy businessman and investor and his heart is in the right place. He loves startups and the KC entrepreneurial landscape. We expect great things of his work here in silicone prairie.”
About Angel Capital Group
Angel Capital Group is a fully syndicated “angel” capital private equity network with operations in nine states. ACG recently consolidated its operations with RAIN Source Capital. The combined entity enjoys a 10 year history and has invested approximately $44M in 131 companies across a variety of market sectors. The combined portfolios have created over 4500 jobs and $750M in follow-on capital investments by other funds. For additional information about Angel Capital Group and its investment criteria, visit online at www.theangelcapitalgroup.com, @angelcapitalgr,www.linkedin.com/company/831505, or www.facebook.com/angelcapitalgr.
CEO, Angel Capital Group
118 North Peters Road, Suite 159
Knoxville, TN 37923
Phone: (865) 272-9677