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…
News
Committee holds hearing on bill to expand MTI’s scope
The Legislature’s Joint Committee on Labor, Commerce, Research and Economic Development held a public hearing Wednesday on LD 1324, the bill that would broaden…
New coding school coming to Maine
Three Maine organizations are bringing a successful coding school to Maine in an effort to increase the public’s access to educational opportunities around software and web…
Is Vets First Choice preparing for an IPO?
I don’t like to peddle in speculation, but I believe my headline poses a fair question given some recent activity at the Portland company.…
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…
New bill seeks to expand Maine Technology Institute’s scope
A new bipartisan bill has been introduced in Augusta that would expand the Maine Technology Institute’s role within the state’s innovation ecosystem. The bill—LD…
Committee votes against governor’s proposed cuts to incubator funding
The legislative committee that oversees economic development last week voted against a portion of Gov. Paul LePage’s biennial budget that would zero out funding for…
Forager emerges from stealth mode to improve the local food movement
More than three years after leaving a high-profile job as co-founder and CEO of CashStar, David Stone this week unveiled his newest startup, Forager.…
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…