NBT Solutions, a Portland-based developer of mapping software, has raised nearly a million dollars to drive growth of a cloud-based mapping platform it’s developed…
Funding
Funding
Pika Energy raises $2M in convertible debt round
Pika Energy in Westbrook has raised $2 million in a convertible debt round, according to a filing it made last Friday with the U.S.…
Funding
Cerahelix looks to raise $2M to expand capacity
Cerahelix, the Orono-based startup that’s invented a high-tech filtration device using DNA and ceramics, is raising $2 million to help it accelerate development of pilot programs…
Funding
Academic Merit raises $600K to ramp up product development
Academic Merit, a Portland-based software company tackling the education technology space, has raised $600,000 from investors to help it ramp up product development and…
Funding
ORPC restructures, raising $2.5M in Series B
Ocean Renewable Power Company Inc. is in the midst of raising $2.5 million in its second big equity round of fundraising. The Portland-based renewable…
Funding
Redd raises nearly $1M in new investment round
Redd, the Brunswick-based energy bar company, has raised the majority of a $1.5 million investment round. The company filed paperwork with the U.S. Securities…
Funding
Maine startups log zero VC deals in Q1
While investors poured $13.9 billion into venture-backed startups during the first quarter of 2017, none of those dollars found their way to Maine companies, according…
Funding
MTI awards $1 million to 25 companies in February
The Maine Technology Institute awarded more than $1 million in grants and loans to 25 Maine companies and research organizations in February 2017. MTI…
Funding
MTI grants $52,476 to seven companies in January
The Maine Technology Institute awarded $52,476 in grants to seven Maine companies in January. MTI awarded five TechStart grants totaling $24,350 and two Business…