Maine Venture Fund
Newport, Mainemaineventurefund.com
Overview
A state-sponsored, revolving "evergreen" venture capital fund that invests exclusively in Maine-based companies with high growth potential. Created by the Maine Legislature in 1995, the fund's mission is to contribute to the prosperity of Maine by filling the financing gap for early and growth-stage companies. It operates as a professionally managed fund and was capitalized with $19.5 million. The fund also has the authority to invest in other privately managed venture capital funds.
Portfolio Companies
19
Website
maineventurefund.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Integrated Reality Labs | Mar 2025 | Pre Seed | Co-investor |
| Alivo | Jan 2025 | Seed | Co-investor |
| Novobeing | Apr 2024 | Accelerator | Co-investor |
| Valhalla Healthcare | Apr 2024 | Accelerator | Co-investor |
| HighByte | Apr 2024 | Series A | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.