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Maine Venture Fund

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

Investments

Maine Venture Fund investments
CompanyDateStageLead
KinotekJan 2026SeedLead
North SporeNov 2025Series ACo-investor
VETROMay 2025VC RoundCo-investor
Integrated Reality Labs Inc.Mar 2025Pre SeedCo-investor
Mother of FactMar 2025SeedCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersNewport, Maine
Year FoundedN/A

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