University of Missouri fund invests in Kansas City startup Knoda
05/29/2014 11:31 AM
06/03/2014 10:17 AM
A University of Missouri student-managed investment fund has invested $50,000 in Knoda, a Kansas City startup business that has developed an application that lets users make, track and rank predictions.
The funding came from the Allen Angel Capital Education Program, an investment fund that allows undergraduate and graduate students in the Trulaske College of Business to learn venture capital strategies and to invest in new companies that have high growth potential.
Knoda, which graduated from the SparkLabKC business accelerator program, has now raised about $400,000 and has five employees.
| The Star