Capital One Financial Corp., the major banking and financial services company, has signed a definitive agreement to acquire Portland-based BlueTarp Financial for an undisclosed…
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Whit Richardson
Hi, there. I'm a journalist and writer based in Portland, Maine, who's been covering the Maine business landscape for more than a decade. I did my fair share of covering paper mills and lobsters, but naturally gravitated to stories about innovative companies that, while based in Maine, sought to serve national and global markets by leveraging technology.
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0Cybersecurity startup Defendify raises $1.6M in first financing round
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Defendify, a Portland-based cybersecurity-software startup, has raised $1.6 million in its first round of financing. The company, co-founded in 2017 by Rob Simopoulos and…
Gulf of Maine Research Institute launches for-profit startup incubator
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The Gulf of Maine Research Institute has established a for-profit startup accelerator that will leverage the organization’s research, staff expertise, and network to build…
ORPC secures $200K federal R&D grant
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Ocean Renewable Power Co., which has developed technology that generates electricity from ocean tides and river currents, has received a $200,000 grant from the…
Casco Bay Creamery, MyBodyModel take home top prizes at LaunchPad
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A Scarborough-based company that makes grass-fed butter and cream cheese has won the 2019 LaunchPad business pitch competition and its $50,000 first-place cash prize.…
Chimani, ORPC find success with equity crowdfunding
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Two Maine companies are finding success in raising capital via online equity crowdfunding platforms. Chimani, a mobile app developer that recently announced a major…
Biotech, ice cream companies win Top Gun pitch event
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A biotech company and an ice cream company each walked away from Thursday night’s Top Gun Showcase pitch event with a $25,000 check. The…
MTI commits $80K to Scratchpad Accelerator
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Scratchpad Accelerator, a startup-business accelerator in Bangor, has received an $80,000 commitment from the Maine Technology Institute. Scratchpad will use the money to support its…
Cerahelix lands major deal with Fortune 50 company for its nanofiltration technology
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Cerahelix announced this week that it has signed a contract with a Fortune 50 company that will see its nanofiltration technology used at a…
Top Gun finalists announced for 2019 Showcase event
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The Maine Center for Entrepreneurs on Friday announced the 10 finalists that will compete for one of two $25,000 prizes at the upcoming Top…