MākuSafe receives investment from Best of the Midwest meeting
December 18, 2018
[From Clay & Milk] Two Iowa-based companies—MakuSafe and Pitchly—have received investments as a result of the Angel Capital Association’s Best of the Midwest regional meeting that took place in Des Moines in September.
Funds raised through the event were pooled for equal investment in the startups that event judges approve to receive investment.
A total of $470,000 was invested in nine early stage companies, resulting in each company receiving an investment of more than $50,000.
“The results of the 2018 Best of the Midwest regional meeting in DSM perfectly illustrates the strength of our region’s startup ecosystem,” said Mike Colwell, Executive Director of Entrepreneurial Initiatives at the Greater Des Moines Partnership, in an announcement. “Iowa investors stepped up and made a statement that promising startups can obtain funding here.”
This year’s Best of the Midwest event was the third in an ongoing series for Midwest angel investors and is the first time the event took place in Des Moines. Next year’s Best of the Midwest regional event will take place in Cincinnati, Ohio.
MākuSafe was formed by a powerful team of software, hardware and data engineers in an effort to prove that workplaces around the globe can be made safer by gathering environmental data around workers WHILE they work. Using analytics and machine learning technology we can turn that data into predictors so that accidents can be stopped before they happen.