(Like what you’re reading? Subscribe to the newsletter here.) 🌞 Good afternoon. Welcome to the 209th edition of Maine Startups Insider. You’re one of…
Latest stories
Funding
Software startup aimed at nursing moms raises seed round amidst COVID-19
Pumpspotting, a startup building software to support breastfeeding moms at home and work, has raised more than a half million dollars in its first…
News
MedRhythms wins FDA fast-track approval for medical device
MedRhythms, a digital therapeutics and medical-device startup in Portland, announced on Monday that it had received Breakthrough Device designation from the U.S. Food and…
News
Introspective Systems rebrands as Dynamic Grid
Introspective Systems, a Portland-based startup working on cutting-edge artificial intelligence applications, has rebranded as Dynamic Grid to better reflect the company’s increased focus on…
News
MedRhythms raises money from Bose, wins national angel investment award
MedRhythms, a digital therapeutics and medical-device startup in Portland, has been racking up the headlines this month. During May, it announced that it… accepted…
Funding
VETRO raises $1M as investors bet on growing demand for broadband services
(Editor’s Note: VETRO ended up raising $2.5 million this round. I’ve left the article as originally reported, though.) VETRO Inc., the Portland-based developer of…
News
MTI: Funding requests outpace available funds by 1,100%
The Maine Technology Institute received requests for $24.9 million in funding from its Maine Technology Asset Fund 2.5 (MTAF2.5) by last week’s deadline. With only $2…
News
Local fintech company releases AI-enabled software to help lenders interact with financially stressed borrowers
Constant Energy Capital, a Falmouth-based financial services company that originates and services home-improvement loans, has released an AI-powered software platform to help banks and…
News
Fluid Imaging Technologies acquired by Japanese company
Fluid Imaging Technologies Inc., a Scarborough-based company that manufactures high-tech lab equipment for particle analysis, has been acquired by a Japanese company. Yokogawa Electric…
Commentary
View allA roadmap for a more inclusive entrepreneurial ecosystem
Economic impact and successes of Maine’s immigrant entrepreneurs often overlooked
Culture and access need to change for Maine’s startup community to reach its full potential
Governor’s New Economic Plan Prioritizes Cultivating the Entrepreneurial Ecosystem