NXTUS group reaches $1.5 million in growth capital over 9 months

Quinn Robertson

NXTUS capital programs

By Kirk Seminoff - Editor
July 12, 2022, 12:39pm CDT

---

Wichita entrepreneurial group NXTUS said Tuesday is has reached nearly $1.5 million in growth capital over the past nine months for nine regional startups.

That brings the organization's nearly four-year total to $4.5 million.

“Overall, NXTUS exists to help entrepreneurs build companies of significance by connecting them to capital, customers, and community,” said Quinn Robertson, who runs NXTUS' Accelerate Venture Partners angel investment group and other NXTUS capital programs. “On the capital front, we are keenly focused on expanding awareness and increasing the supply of risk capital in Kansas. Growing this ‘pie’ helps all entrepreneurs, but it particularly enables currently underrepresented populations to both build companies and access new forms of equity ownership."

A $350,000 Build to Scale Capital Challenge grant from the U.S. Economic Development Administration helped lead to growth within the 14 portfolio companies NXTUS has invested in. Companies in Kansas, Missouri and Oklahoma are working in, among other technologies, biotechnology, software and crypto.