Maine Venture Fund
Overview
A state-sponsored, revolving "evergreen" venture capital fund that invests exclusively in Maine-based companies with high growth potential. Created by the Maine Legislature in 1995, the fund's mission is to contribute to the prosperity of Maine by filling the financing gap for early and growth-stage companies. It operates as a professionally managed fund and was capitalized with $19.5 million. The fund also has the authority to invest in other privately managed venture capital funds.
Portfolio Companies
42
Website
maineventurefund.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Maine Craft Distilling | Nov 2021 | Crowdfunding | Co-investor |
| Circa | Apr 2022 | Seed | Co-investor |
| Kinotek | Jan 2026 | Seed | Lead |
| Great Northern Salmon | May 2023 | Seed | Co-investor |
| Coast of Maine Organic Products | Apr 2000 | VC Round | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Maine Venture Fund based?
Maine Venture Fund is headquartered in Newport, Maine, United States.
When was Maine Venture Fund founded?
Founding year information for Maine Venture Fund is not publicly available.
How many portfolio companies does Maine Venture Fund have?
Maine Venture Fund has 42 portfolio companies in Caplight's dataset.
What are some companies in Maine Venture Fund's portfolio?
Portfolio companies visible on Caplight include Maine Craft Distilling, Circa, Kinotek, Great Northern Salmon, Coast of Maine Organic Products.
What was Maine Venture Fund's most recent investment shown here?
Maine Venture Fund's most recent investment in this portfolio sample was in Kinotek in 2026.
What sectors does Maine Venture Fund focus on?
Maine Venture Fund focuses on Consumer & Commerce, Consumer & Commerce, Media, Entertainment & Gaming, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Consumer & Commerce, Telecommunications & Networking, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Cybersecurity, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Telecommunications & Networking, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, Real Estate & PropTech, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, FinTech, Media, Entertainment & Gaming, Energy & Sustainability, AI, Data & Cloud Infrastructure, Energy & Sustainability, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability.
What company stages does Maine Venture Fund focus on?
Maine Venture Fund typically invests at the Early stage.
What is Maine Venture Fund's AUM?
Maine Venture Fund's assets under management are estimated at over $19.5M.