Atlantic Sea Farms, the first commercial seaweed farm in the United States, has raised a new round of financing, which it is using to…
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MedRhythms signs deal with major record label to create ‘prescription music platform’
MedRhythms, a digital therapeutics startup in Portland, has signed a deal with Universal Music Group, the largest music company in the world, that provides…
Roux Institute Techstars Accelerator kicks off, announces 2021 cohort
[Editor’s Note: In full disclosure, I am working with Techstars to coordinate PR and communications for the Roux Institute Techstars Accelerator.] The Roux Institute…
Ocean Renewable Power Co raises $25M in growth capital
Ocean Renewable Power Co., developer of innovative renewable power systems that harness the energy of free-flowing rivers and tidal currents, announced this week it…
Maine Technology Institute awards $500,000 in Maine Clean Energy Innovation Challenge grants
The Maine Technology Institute has awarded $500,000 to two Maine companies in Biddeford and Wiscasset engaged in developing clean energy technology through the Maine…
Susan Ruhlin hired as inaugural director of Dirigo Labs, a new startup accelerator in Waterville
The Central Maine Growth Council on Thursday announced that it has hired Susan Ruhlin as inaugural executive director for Dirigo Labs, a Waterville-based startup…
Pumpspotting raises $1.15M, lands state of Maine as early customer
Pumpspotting, a startup building B2B software to support breastfeeding moms at home and work, recently closed on its $1.15 million seed round and announced…
American Unagi latest seafood-related company to raise venture capital
American Unagi has raised $10 million as it breaks ground on the country’s first indoor aquaculture facility to grow Maine glass eels to market…
True Fin raises $1M in its first investment round
True Fin, one of the first businesses launched and stewarded through GMRI’s Gulf of Maine Ventures initiative, recently completed a fully subscribed raise of…