The Maine Technology Institute awarded $95,213 in grants to seven Maine companies in December 2016. MTI awarded three TechStart grants totaling $10,670, two Business…
Funding
Funding
New report shows weak Q4 VC activity in Maine, but doesn’t tell whole story
Maine saw a single venture capital deal in the fourth quarter of 2016, mirroring a national weakening of VC activity in the last three…
Funding
Software, medical device companies among MTI grant recipients in November
The Maine Technology Institute awarded $33,100 in grants to six Maine companies in November 2016. MTI awarded five TechStart grants totaling $23,100 and two…
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Cerahelix raises $500K to ramp up sales of its DNA-enabled filtration technology
Cerahelix, the Orono-based startup that’s invented a high-tech nanofiltration device using DNA and ceramics, has raised more than half a million dollars to increase its…
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Raptor Maps raises funds for its farm-focused drone technology
Raptor Maps, a startup that held pilot projects this year in Aroostook County to test the use of its drone technology in the agriculture…
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Maine Technology Institute provides nearly $1.5M to 26 Maine companies
The Maine Technology Institute in October awarded $1.45 million in loans and grants to 26 Maine technology companies. The majority of those funds—$997,700 to be…
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In its first investment round, CourseStorm raises nearly $1M to expand reach
CourseStorm Inc., the startup in Orono that provides course-registration software to education organizations, has raised $760,000 in a Series A round of equity investment. If…
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Tilson Technology raises $3M to fuel worldwide growth
Tilson Technology Management, based in Portland, has raised $3 million to fuel its growth worldwide in deploying information-technology software and building telecommunication networks. CEO…
Funding
Maine Technology Institute in August awarded more than $55K to tech companies
The Maine Technology Institute awarded $55,785 in grants to seven Maine companies in August 2016. This round of funding is helping companies leveraging technology…