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
35
Website
maineventurefund.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Kinotek | Jan 2026 | Seed | Lead |
| North Spore | Nov 2025 | Series A | Co-investor |
| VETRO | May 2025 | VC Round | Co-investor |
| Integrated Reality Labs Inc. | Mar 2025 | Pre Seed | Co-investor |
| Mother of Fact | Mar 2025 | Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.