American Unagi has raised $10 million as it breaks ground on the country’s first indoor aquaculture facility to grow Maine glass eels to market…
Funding
True Fin raises $1M in its first investment round
True Fin, one of the first businesses launched and stewarded through GMRI’s Gulf of Maine Ventures initiative, recently completed a fully subscribed raise of…
MedRhythms raises $25M as it prepares to commercialize its flagship product
MedRhythms, a digital therapeutics startup in Portland, announced Wednesday that it has raised a $25 million Series B as it prepares to commercialize its…
RockStep Solutions raises $2M in equity financing
RockStep Solutions, an early-stage company in Portland developing laboratory-management software, recently raised $2 million in a priced equity financing round. The company’s software product,…
VETRO Inc. raises $12M to scale broadband mapping SaaS platform
VETRO Inc., the Portland-based developer of cloud-based broadband mapping and fiber management software for the telecommunications industry, has raised a $12 million round as…
Forager raises new round to scale software platform connecting local farms and grocers
Forager, the Portland-based startup that has built an online marketplace to connect grocers and local farms, has raised $625,000 of an $800,000 offering to…
Amplify Additive raises $1.1M to expand specialized 3D printing capabilities
Amplify Additive, a Scarborough-based manufacturer of 3D printed orthopedic implants, has raised a $1.1M Series A. The company will use the investment to fund…
OpBox raises $500K to expand its Midcoast operations
OpBox, a Nobleboro-based startup that designs and constructs modular, eco-friendly “pop-up” spaces for shops and offices, has raised $500,000 from multiple sources. The investment…
Hyperlite Mountain Gear raises Series B of $4M from Connecticut firm
Hyperlite Mountain Gear, the Biddeford-based manufacturer of high performance, lightweight backpacking gear and accessories, has raised $4 million from T-Street Capital, a growth equity…