Maine Venture Fund is a venture capital fund in Maine that invests and assists companies in its area. Founded 1995 in Newport, Maine, United States, the firm usually invests in early stage ventures. Its portfolio companies include CourseStorm, Dream Local Digital, Mobile Price Card, Cerahelix, FineTune, Wentworth Technology, Chimani, NBT Solutions,Hyperlite Mountain Gear, Cerahelix, and Mobile Price Card. As of January 2020, the company had one exit and 17 investments. The fund has received $13 million in capital contributions from the State of Maine and operates as a revolving “evergreen” fund.
The company’s typical initial investment is $100,000-$300,000 per company, with additional capital.
Jayme Okma Lee
Stephen K. Smith
Fund Administrative Associate
Documentaries, videos and podcasts
Dream Local Digital
Hyperlite Mountain Gear
Mobile Price Card