Funding Stories

LPOXY initiates $28M Series A financing with 5 Horizons Ventures to fund pivotal trial 

PLATTE CITY, Mo. — Funding to secure the upcoming trial of a Missouri biopharmaceutical company’s solution for preventing a deadly gut infection could prove critical in the fight against a condition that claims 80 U.S. lives daily, said Dr. Larry Sutton. LPOXY Therapeutics, which is developing a novel non-antibiotic therapy to prevent Clostridioides difficile infections…

Entrepreneurs say DoorDash accelerator delivered, prepping their small businesses for tall orders ahead 

Ten graduates of DoorDash’s 12-week Midwest accelerator gathered Wednesday to celebrate successes from the program, along with lessons they say will last longer than the $5,000 grants each entrepreneur received. “Running a small business is tough work, and it meant so much to receive support from DoorDash and my home of Kansas City,” said Tanyech…

These 15 KCMO projects just got a $19M+ boost; funding focused on inclusive community investments

A pair of high-profile projects at 18th and Vine — restoring the Boone Theater and its Kansas City jazz legacy, along with transforming the long-vacant Workhouse Castle into a boutique hotel — offer just a few notes from a chorus of just-funded redevelopment initiatives aimed at buoying small business and tackling challenges in Kansas City’s urban core….

Meet 7 startups just funded to turn potential into Kansas City-built tech innovation

The latest crop of Digital Sandbox KC companies — earning up to $20,000 in project funding for their concepts — are poised to make significant impacts within their industries, said Jill Meyer, noting a through-line from digital health to AI-powered construction and fantasy sports solutions. “These exciting innovations show some great promise, and we’re honored…

Game on: Kauffman adds 37 nonprofits to its just-funded roster, building impact capacity ahead of World Cup

Efforts to boost economic mobility across Kansas City and beyond needn’t follow a well-worn playbook, Kauffman Foundation officials said, announcing a range of newly funded initiatives — from grassroots entrepreneurial training to World Cup-focused public-private partnerships to capital access expansion. The influential philanthropic organization announced this week it awarded $8.5 million in grants to 37…