Friday.app, a Portland-based startup that is developing software tools to help distributed teams better communicate, has raised $450,000 in a pre-seed round from investors,…
Funding
Defendify raises $2M seed round to continue to scale
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Defendify, a Portland-based cybersecurity software startup, has raised a $2 million seed round. Co-founded in 2017 by Rob Simopoulos and Andrew Rinaldi, the company…
Nearpeer raises $400,000 to fuel growth
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Nearpeer, a Portland-based edtech startup that aims to improve student retention and graduation, recently closed a $400,000 financing round. The company reported the financing…
ORPC raises $7.5M to ramp up domestic and international business development efforts
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Ocean Renewable Power Co., a Portland-based company focused on generating renewable energy from the world’s oceans and rivers, has raised $7.5 million to fund…
Cybersecurity 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…
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…
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…
90-year-old Portland company raises $670K in VC to pursue new SaaS productÂ
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Walch Education, a Portland-based publisher of educational materials, recently raised $670,000 to provide schools with a software platform to aid in DIY curriculum development.…
REDD refreshes brand, raises $2.2M in new funding
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REDD, the Brunswick-based energy bar company, has raised an additional $2.2 million as it prepares to unveil a refreshed brand, including new packaging and…