Maine Venture Fund

HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

Developer of an online payment platform designed to allow users to pay monthly bills on time. The company's platform offers out payment through a phone and makes properties collect rent by giving residents choice and control over their monthly expenses using flexible payments, credit reporting and arrears planning, enabling users to pay their bills with flexibility directly from their bank accounts, with a credit or debit card or with cash at a retail agent near them.

Senscio Systems, Inc. specializes in developing health management solutions that facilitate information and support for both consumers and clinicians. The company focuses on personal healthcare management and intelligence management for the U.S. government. Its offerings include Ibis, an interactive care management system that assists patients in adhering to their daily care plans and managing chronic illnesses, and Kiwi, a sensor-equipped pair of slippers designed to monitor gait and stance for fall risk assessment. Additionally, Senscio has developed Warbler, a device that learns individual movement patterns related to daily activities. The company also creates custom decision support applications for government and corporate sectors. Founded in 2009 and based in Boxborough, Massachusetts, Senscio Systems aims to enhance healthcare delivery through innovative digital therapeutics and data-driven insights.

HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

KinoTek combines portable motion capture and machine learning in an intuitive, 3D interface deployable on the field of play. It is an innovative software utilizing Virtual Reality and Motion Capture Technology to change the way human movement analysis is approached and applied. They are taking complex biomechanics data and simplifying the information to provide a simple visual representation. Their software is proven to increase the retention of skills, decrease the chance of injury, and improve overall athletic output. KinoTek is governed by a sense of identity and commitment to the state of Maine and its communities, a passion for learning and growing with new information and technology, and an obligation to do things that matter them, to its users, and to anyone else that they can impact on their journey. The company was founded by Justin Hafner, David Holomakoff, and Patrick Breeding in 2018 and is based in Portland, Maine.

Good food should do good. At Atlantic Sea Farms, our kelp is never dried, never dyed, and is grown at home. We are dedicated to making a powerful and positive impact on the health of our customers and oceans by creating craveable and innovative products made from sustainably farmed sea greens, all while expanding opportunities for Maine's fishing communities.

Pumpspotting is a social network and companion app for breastfeeding, pumping parents and the place to connect over milk, motherhood and the best places to nurse and pump.

American Unagi specializes in the sustainable aquaculture of American eels, focusing on the unique glass eel fishery in Maine. The company raises these eels in a land-based, recirculating aquaculture system, ensuring that the farming process is responsible and environmentally friendly. By sourcing glass eels directly from Maine and growing them to market size without the use of hormones or antibiotics, American Unagi provides a traceable and safe eel product. This approach not only enhances the quality of the eels but also offers consumers a more sustainable alternative to current eel products available in the United States.

HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

VETRO FiberMap is an innovative, cloud-based fiber management GIS platform purpose-built for network design and operations. The platform is specifically developed to meet the needs of broadband providers, municipalities, and telco engineers designing and building next-generation internet infrastructure. The VETRO FiberMap platform is the only SaaS network mapping solution built for small and mid-sized fiber ISPs and community fiber networks. It's easy to use, engineered for rapid integration, driven by open APIs, managed in the cloud, and delivered through your web browser. VETRO FiberMap enables you to access accurate network data from anywhere, as well as design, deploy and document networks—all from a single, cost-effective platform. VETRO FiberMap was launched in 2016 by two founders, Will Mitchell and Sean Myers, who recognized that traditional mapping tools could not meet the needs of a rising tide of small and mid-size Internet Service Providers (ISPs). These ISPs needed an intuitive and accessible tool that would allow them to plan, design, build, sell, and manage their broadband networks using a single, cost-effective solution. VETRO FiberMap, designed and developed with input from many ISPs, now delivers this unique solution to competitive fiber broadband providers in more than a dozen countries. VETRO FiberMap is headquartered in Portland, Maine and continues to grow under the leadership of Will and Sean, who have served the telecommunications industry with deep GIS expertise since originally founding NBT Solutions, a custom mapping consulting, design, and services company, in 2008. Their strong GIS pedigree informs software development at VETRO FiberMap, and fuels the company’s mission to build the best broadband network mapping software in the world—rooted in quality design, user experience, and customer service. VETRO FiberMap is committed to serving broadband providers, and becoming an integral part of the community building the next internet infrastructure.

Nearpeer, Inc. is a technology company based in Portland, Maine, founded in 2017. It offers a mobile application that connects college students internationally, facilitating engagement through shared interests. The app, available on Google Play and the App Store, utilizes machine learning to enhance peer interactions, which can lead to increased commitment to college. Nearpeer's platform has demonstrated effectiveness in reducing student attrition and improving first-year retention rates, resulting in a significant return on investment for educational institutions. Clients such as Louisiana State University, Appalachian State University, and the University of Maine have benefited from its services, which aim to enhance the student experience and academic performance by fostering a supportive community among peers.

Pumpspotting is a social network and companion app for breastfeeding, pumping parents and the place to connect over milk, motherhood and the best places to nurse and pump.

HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

Reconnect, Inc. operates a comprehensive platform that utilizes software, hardware, and data to enhance outcomes for individuals involved in pretrial, reentry, and recovery processes. The company's solutions are designed to support drug courts, probation, parole, and third-party administrators, with a focus on those facing addiction and navigating the criminal justice system. Reconnect aims to reduce incarceration rates, recidivism, and associated costs, particularly for defendants. Founded in 2009 and based in Cumberland Center, Maine, the company also has offices in Portland, Maine; Brooklyn, New York; and Boston, Massachusetts. As a Public Benefit Company, Reconnect integrates its mission into its business practices, prioritizing positive social impact in its operations.

Defendify streamlines cybersecurity for organizations without security teams through an easy-to-use, all-in-one platform designed to continuously strengthen cybersecurity posture across people, process, and technology. Defendify delivers multiple layers of protection by providing cybersecurity expertise, support, and its all-in-one, easy-to-use platform designed to continuously strengthen cybersecurity across people, process, and technology.

CourseStorm, Inc. is a software company that specializes in online class registration solutions for various local programs, including community education, kids' camps, health and art centers, and recreational activities. Founded in 2011 and based in Orono, Maine, CourseStorm provides organizations with an easy-to-use platform that allows them to create an online catalog, upload courses, and manage registrations efficiently. Its system simplifies the entire registration process by handling class publishing, marketing, and payment transactions, thus alleviating the difficulties associated with manual registration and student recruitment. This enables educational institutions and community programs to effectively reach potential participants, allowing students to easily browse, search, and sign up for classes that interest them.

Dream Local Digital, based in Rockland, Maine, is a digital marketing agency that offers a range of services to small and medium-sized businesses and non-profits across the United States. Founded in 2009, the company specializes in online marketing strategies, including website development, content strategy, social media management, search engine optimization, reputation management, and email marketing. Dream Local Digital collaborates with various partners to provide additional services such as pay-per-click management and business intelligence reporting. Recognized as a Google Partner and a certified Facebook Blueprint company, Dream Local Digital aims to enhance its clients' online presence and marketing effectiveness.

Walch Education has launched the www.curriculumengine.com, the first object-oriented curriculum management tool in the cloud. We provide school districts and teachers with the tools and assets they need to control and customize their curriculum for delivery in class and remotely. This facilitates collaboration and the dissemination of best practices, and free districts from the tyranny of "one size fits all" solutions. We work with some of the largest school districts in the country to enable tailored resources, and are in the process of scaling up to expand our footprint. Importantly, with the patent-pending object-oriented architecture of the Curriculum Engine, we will will be able to correlate performance with instruction, enabling true data driven insights for the first time

Oyster Tracker makes the aquaculture industry more profitable with a SAAS based farm management system. The company is starting with the 2,300 oyster farms in the $1.4 billion US aquaculture industry. The global industry presents a much larger opportunity. Oyster Tracker was founded in 2018 and based in Castine, Maine.

Amplify Additive is an early-stage private company specializing in metal additive manufacturing, primarily targeting the orthopedic implant and instrument market. Utilizing GE Additive’s Arcam Q10plus EBM technology, the company focuses on enhancing industry infrastructure to assist clients in effectively leveraging additive manufacturing for their designs. Amplify Additive offers a range of services, including 3D metal printing, implant manufacturing, design and engineering, regulatory guidance, and third-party testing. Through these services, the company enables clients to access appropriate technologies tailored to specific orthopedic applications, while also exploring markets beyond orthopedics.

Mobile Price Card, Inc. is a company based in Bangor, Maine, that specializes in developing a mobile application designed to enhance sales for wireless retailers. Founded in 2017, the company's application allows retailers to display dynamic content on in-store display devices, facilitating instant updates through an intuitive web-based dashboard. By utilizing smartphones, Mobile Price Card provides digital price cards that enable retailers to efficiently manage and modify their advertising content. This approach helps consumer electronics retailers save time and resources while improving sales by delivering targeted consumer advertising at the point of purchase, making it a more effective medium compared to traditional advertising methods.

Cerahelix, Inc. is a manufacturer specializing in ceramic membrane filters designed for various applications, including water purification, biomass processing, and resource recycling. Established in 2011 and based in Orono, Maine, the company utilizes patented DNA template technology to create bio-derived products with sub-nanometer pores. This innovative approach enables the precise filtration of minute particles, allowing for the effective separation of salts, metal ions, and other impurities at the molecular level. Cerahelix offers a range of products, including single-channel elements for laboratory studies and multi-channel elements for commercial use, along with filter element housings and laboratory test systems for research and development. Its ceramic filtration solutions serve diverse industries such as food and beverage, mining, pharmaceuticals, and waste-to-energy, contributing to enhanced water quality and resource management.

Hyperlite Mountain Gear Inc. specializes in designing and manufacturing ultralight outdoor gear, focusing on high-performance products made from durable materials like Cuben Fiber. Founded in 2010 and based in Biddeford, Maine, the company offers a diverse range of equipment for various outdoor activities, including hiking, backpacking, climbing, pack-rafting, kayaking, and cycling. Its product lineup includes a wide selection of backpacks, shelters, tarps, tents, sacks, and accessories, catering to different needs with capacities ranging from 1,600 cubic inches to 4,400 cubic inches. Hyperlite Mountain Gear primarily markets and sells its products online, aiming to enhance outdoor experiences by providing lightweight solutions that improve speed and efficiency.

NBT's designs and delivers unique software that unlocks value in data through geographic analysis, presentation, and visualization.

CourseStorm, Inc. is a software company that specializes in online class registration solutions for various local programs, including community education, kids' camps, health and art centers, and recreational activities. Founded in 2011 and based in Orono, Maine, CourseStorm provides organizations with an easy-to-use platform that allows them to create an online catalog, upload courses, and manage registrations efficiently. Its system simplifies the entire registration process by handling class publishing, marketing, and payment transactions, thus alleviating the difficulties associated with manual registration and student recruitment. This enables educational institutions and community programs to effectively reach potential participants, allowing students to easily browse, search, and sign up for classes that interest them.

Chimani, Inc. develops an application that serves as a comprehensive travel guide for national and state parks, providing users with essential information to enhance their outdoor experiences. Founded in 2010 and based in Portland, Maine, the application offers features such as sunrise and sunset data, tidal information, ranger-led events, and audio tours, along with professional photography and news updates from the National Park Traveler. Additionally, it includes detailed maps and descriptions of park features, trails, and amenities, addressing common challenges faced by travelers, such as overcrowding and lack of information. By facilitating access to this information, Chimani aims to inspire a deeper appreciation for nature and ensure a high-quality experience for visitors to national parks.

Wentworth Technology, Inc. specializes in wireless communication solutions tailored for the restaurant industry in the United States. Founded in 2010 and based in Saco, Maine, the company offers a range of products designed to enhance drive-thru operations. Key offerings include the SpeedThru drive-thru headset system, which features noise cancellation technology, and the Greeter system that delivers timely messages to customers regarding promotions and operational updates. Additionally, Wentworth Technology provides Timers, which visually display drive-thru traffic metrics to facilitate real-time operational adjustments. With a team boasting over 60 years of combined experience, the company is committed to producing high-quality products and maintaining reliable service while adapting to industry trends and customer feedback.

Finetune, formerly known as Academic Merit, is a Boston-based Educational Technology company conquering the challenging space of providing a platform for qualitative assessment at scale. In all verticals of education and training, their platform helps bring coherence and consistency to measuring the skills and competencies that are more difficult to measure. Additionally, their platform enables inter-rater reliability, the ability to train large number of evaluators so that they are reliable and consistent. Their first large partnership is with the College Board, where the Finetune platform is being used to create the next generation assessment platform in the world of Advanced Placement courses.

Certify offers online travel and expense management solution for companies of all sizes. Organizations worldwide can book travel as well as create and submit expense reports quickly, easily and efficiently with minimum training due to its unique intuitive data entry options and easy-to-use interface. Certify features no software to buy or maintain, no servers to manage, and requires only an internet connection.

Located in Bangor, Maine, OSS is a small high tech company that was incorporated in 2004 for the purpose of advancing and commercializing chemical and biological agent detection research being conducted at the University of Maine. At OSS, we conduct research and develop chemical sampling products that satisfy needs within Defense, environmental, and commercial industries. Throughout our history, OSS has been supported by several R&D contracting opportunities with the Department of Defense to advance the state-of-the-art in chemical and biological agent detection. OSS has successfully transitioned many of these technologies into the products that it currently sells.

Hyperlite Mountain Gear Inc. specializes in designing and manufacturing ultralight outdoor gear, focusing on high-performance products made from durable materials like Cuben Fiber. Founded in 2010 and based in Biddeford, Maine, the company offers a diverse range of equipment for various outdoor activities, including hiking, backpacking, climbing, pack-rafting, kayaking, and cycling. Its product lineup includes a wide selection of backpacks, shelters, tarps, tents, sacks, and accessories, catering to different needs with capacities ranging from 1,600 cubic inches to 4,400 cubic inches. Hyperlite Mountain Gear primarily markets and sells its products online, aiming to enhance outdoor experiences by providing lightweight solutions that improve speed and efficiency.

Newfield Design is a Maine, US based company that designs, develops and manufactures communications systems infrastructure. The founders have decades of experience in successful communications system design, development, deployment and management, particularly with Public Safety, Commercial/SMR and Critical Infrastructure communications systems.

Foneshow has built a telephony-based distribution platform for short-form audio (primarily news/talk/sports radio programming). The platform leverages the cellular telephone network and enables users to subscribe to, access, publish, share, and consume short-form audio programming immediately from virtually any cell phone. The system features the very rapid propagation of programming from the creator to the consumer. Patents are pending. Foneshow was founded in late August of 2006 on Ballston Beach in Truro, Massachusetts by Erik Schwartz and Nic Wolff, two technology industry veterans and lifelong friends. Nic and Erik had been kicking some of the ideas around for a while, wondering why they never listened to podcasts. In late summer 2006 they developed the ideas that would become Foneshow. They started coding in September of 2006 with alpha launching later in September. The foneshow.com domain was registered in October 2006. The company was organized as a Delaware LLC in November of 2006. In August of 2007 Foneshow closed a series A venture capital round with CEI Community Ventures, Masthead Venture Partners, and Small Enterprise Growth Fund of Maine.

Anodyne Health Partners is a provider of business intelligence (BI) solutions for healthcare providers representing the large and enterprise group markets. The Company's unique, easy-to-use, web-based business intelligence software revolutionizes access to revenue cycle information that was once thought difficult, or even impossible, to obtain.

Stillwater Scientific Instruments (SSI) is developing a device that dramatically decreases the time it takes to analyze chemical compounds in the laboratory. This device, a component of mass spectrometers will be sold to laboratory equipment manufacturers. Mass spectrometers are sold primarily in the biomedical and pharmaceutical industries, as well as environmental fields in which complex chemical mixtures must be accurately identified. This device was developed through research at the University of Maine, and Stillwater Scientific Instruments was founded to commercialize this technology. The project has received funding from the National Science Foundation and the Maine Technology Institute.

BlueTarp Financial is a B2B credit management company founded in 1998 and headquartered in Portland, Maine. It serves over 2,000 suppliers by providing upfront payments for sales, which mitigates credit risk and allows businesses to fund their growth. Suppliers have the flexibility to customize their credit management programs, opting to either maintain their existing customer interactions or utilize a full-service option where BlueTarp manages customer service and collections. The company offers various features, including credit lines up to $1 million and terms of up to 90 days, along with a loyalty rewards program. BlueTarp's SmartView™ online tools provide suppliers with transparency into customer buying and payment behaviors, enhancing their ability to manage cash flow and reduce financial risk.

Phylogix Inc. is a biotechnology company focused on tissue protection and oncology. The company develops lectin-based drugs focused on tissue protection, oncology, and immunology. It also involves in the development of FRIL, an agent to protect patients from the toxic side-effects of chemotherapy. Phylogix Inc. is based in Scarborough, Maine.

Coast of Maine Organic Products was founded in 1996 with the simple idea that a healthy planet needs healthy soil to sustain life. From this idea, a love of gardening, and a commitment to sustainable practices, Coast of Maine Organic Products has grown to offer what we believe are the most unique and effective organic gardening products available.