Company attributes
Venture Capital Firm attributes
Other attributes
Maine Venture Fund is a venture capital firm in Newport that prefers to invest companies in the technology, food, and energy sectors within Maine. Founded 1995 in Newport, Maine, United States, it invests in early stage venture and seed stages. This firm usually invests in series A and series B rounds. The notable investment portfolio of Maine Venture Fund includes Reconnect, NearPeer, Curriculum Engine, Defendify, Oyster Tracker, Amplify Additive, etc. The fund was created by an act of the Maine Legislature in 1995 to provide Maine companies and entrepreneurs access to venture capital. The fund has received $13 million in capital contributions from the State of Maine and operates as a revolving “evergreen” fund.
Maine Venture Fund typically invests $100,000-$300,000 per company.