CourseStorm, the Orono-based company that sells course-registration software to small- and medium-sized organizations, has raised $1.15 million in a Series B financing. Investors include CEI…
Funding
Funding
Dream Local Digital raises $725k, names chief revenue officer to fuel growth
Dream Local Digital, a digital marketing agency in Rockland, has raised $725,000 and hired a chief revenue officer to help grow its business. The…
Funding
Ocean Approved raises $2M on plans to reinvent seaweed for a retail consumer
Ocean Approved, a Saco-based company that has for several years farmed, processed and sold kelp to restaurants and wholesale distributors, has raised $2 million…
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Minnow raises $1.2M in oversubscribed seed round for its IoT-enabled food pods
Minnow, the company formerly known as Kadabra (and Veebie before that), has officially closed on $1.2 million in seed funding, more than the initial…
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Maine companies raise nearly $8M in 3Q 2018
Maine companies raised roughly $7.9 million in venture capital in 10 deals during the third quarter, according to data collected and analyzed by Maine…
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ORPC raising $10M to fund company’s next big push
Ocean Renewable Power Co., a Portland-based company focused on generating renewable energy from the world’s oceans and rivers, is in the process of raising…
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MedRhythms raises $5M Series A, adds board members
MedRhythms, a Portland-based healthcare startup, has raised $5 million as part of an oversubscribed Series A investment round and added two prominent names to…
Funding
CEI Ventures invests $500k in Biddeford manufacturing startup
CEI Ventures has made a $500,000 seed investment in Junora Ltd., a manufacturing startup in Biddeford that is developing new technology for the global…
Funding
Federal government provides $6.7M in R&D funds to Maine companies
The federal government has awarded nearly $6.7 million to six Maine companies for various research-and-development projects. The funds come in the form of Small…