The Maine Angels, a group of accredited investors who pool their resources to invest in and mentor early-stage companies, invested $4 million in 16…
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Funding
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…
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Gulf of Maine Research Institute launches ‘bluetech’ accelerator for startups
The Gulf of Maine Research Institute has launched an accelerator program for “bluetech” startups whose innovations could positively impact the Gulf of Maine. …
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Maine Angels leads the way on recruiting female investors
In the last decade, the Maine Angels has quadrupled the portion of its members who are women, mirroring a national trend that has seen…
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Maine investors profit from investment in Mass. biotech company
The Bangor Angels Fund and several members of the Maine Angels have received a return on their investments in Siamab Therapeutics, a Massachusetts-based biopharmaceutical…
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Maine Angels grow membership, invest $3.3M in 2020
Despite the pandemic and the myriad challenges it presented, Maine Angels is reporting a positive year in terms of deals, membership, and overall health…
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Maine Angels raises $2.4M fund to invest in startups
The Maine Angels announced this week it has raised $2.4 million from local angel investors to create a pooled investment fund to invest in…
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Double Blue Sports Analytics in Brunswick acquired by Indianapolis firm
Double Blue Sports Analytics, a Brunswick-based tech startup that developed video analytics applications for sports coaching, has been acquired by an out-of-state firm. The…
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Investors drain Maine Seed Capital Tax Credit with three and half months yet to go in 2017
The Maine Seed Capital Tax Credit, which provides tax credits to investors to encourage greater investment in Maine startups, has reached its annual cap of…