VC firms
The Maine Venture Fund is a professionally-managed venture capital fund that invests exclusively in Maine companies which demonstrate a potential for high growth and public benefit. The Fund has been actively investing in Maine companies since 1997, after its creation by an act of the Maine Legislature in 1995. The fund has received $13 million in capital contributions from the State of Maine and operates as a revolving, “evergreen” fund.
The mission of the fund is to provide resources to attract, support, and help develop eligible small businesses with the potential for substantial growth and success that will contribute to the prosperity of Maine.
The mission of the fund is to provide resources to attract, support, and help develop eligible small businesses with the potential for substantial growth and success that will contribute to the prosperity of Maine.
Overview
Location
United States, Maine, Newport
Employees
1-10
Phone
+1 207-924-3800
Founded date
1995
Investment Type
Venture Capital
Portfolio 2
| Date | Name | Website | Total Raised | Location |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Feb 16, 2023 | BlueTrace | blue-trace.com | $3.2M | United States, Maine, Castine |
Mentions in press and media 1
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
Reviews 0
FAQ about Maine Venture Fund
When was Maine Venture Fund founded?
Maine Venture Fund was founded in 1995.
How many startups has Maine Venture Fund invested in?
Maine Venture Fund has 2 portfolio companies on Parsers VC, among them BlueTrace.
Is Maine Venture Fund still active?
Yes, Maine Venture Fund is active; its latest activity on Parsers VC dates from Apr 30, 2024.