MAINE VENTURE FUND
The Maine Venture Fund is a professionally-managed venture capital fund that invests exclusively in Maine companies who demonstrate a potential for high growth and public benefit. The Fund has been actively investing in Maine companies since 1997, after its creation by an act of the Maine Legislature in 1995 to provide Maine companies and entrepreneurs access to patient sources of venture capital. The fund has received $13 million in capital contributions from the State of Maine and operates as ... a revolving “evergreen” fund. The Maine Venture Fund specializes in small and medium Maine businesses and considers companies in nearly any industry that can demonstrate the potential for high growth and public benefit. The mission of the fund is to provide resources to attract, support, and help develop eligible small businesses with the potential for substantial growth and success that will contribute to the prosperity of Maine.
MAINE VENTURE FUND
Industry:
Finance Financial Services Venture Capital
Founded:
1995-01-01
Status:
Active
Contact:
(207)924-3800
Email Addresses:
[email protected]
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Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-08-18 | Defendify | Maine Venture Fund investment in Venture Round - Defendify | 3.35 M USD |
| 2022-04-15 | Circa | Maine Venture Fund investment in Seed Round - Circa | 2 M USD |
| 2022-04-02 | Senscio Systems | Maine Venture Fund investment in Venture Round - Senscio Systems | 1.9 M USD |
| 2021-12-08 | HighByte | Maine Venture Fund investment in Seed Round - HighByte | 3.5 M USD |
| 2021-10-06 | Kinotek | Maine Venture Fund investment in Seed Round - Kinotek | 2.1 M USD |
| 2021-09-20 | Atlantic Sea Farms | Maine Venture Fund investment in Series A - Atlantic Sea Farms | N/A |
| 2021-08-12 | Pumpspotting | Maine Venture Fund investment in Seed Round - Pumpspotting | 1.15 M USD |
| 2021-08-06 | American Unagi | Maine Venture Fund investment in Series A - American Unagi | 4.4 M USD |
| 2021-07-30 | True Fin Seafood | Maine Venture Fund investment in Convertible Note - True Fin Seafood | 1000 K USD |
| 2020-12-21 | HighByte | Maine Venture Fund investment in Convertible Note - HighByte | 500 K USD |