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V O L . X X X N O. I I JA N UA R Y 2 2 , 2 0 2 4 26 T H E L I S T C O M P I L E D B Y S T E P H A N I E M E A G H E R C O M P I L E D B Y S T E P H A N I E M E A G H E R Purchase this list and more as an Excel document at mainebiz.biz/DataCenter @ Venture capital deals in Maine Ranked by funding amount Company Industry/ products and services Funding amount/ type/ transaction date Select investors Top executive 1 Simply Homes Portland simplyhomes.com Financial technology Real estate invesment $22,000,000 Series A Dec. 2023 Watchung Capital, Village Global, Raven One Ventures, Gutter Capital, Ambush Capital Brian Bagdasarian founder & CEO 2 Medrhythms Therapy Portland medrhythms.com Health care Neurotherapeutics to improve walking, mobility and related functional outcomes $19,000,000 Series B Dec. 2023 N/A Brian Harris founder & CEO 3 Standard Biocarbon Portland standardbiocarbon.com Energy - biomass Manufacturing of near-pure carbon commodity for farming and construction $5,000,000 Seed Dec. 2023 Nexus Development Capital Fred Horton co-founder, president & CEO 4 Endue Inc. Portland N/A Information technology Business productivity software $4,000,000 Seed Nov. 2023 N/A Brian Brett CEO 5 Mobile Price Card Bangor mobilepricecard.com Consumer electronics Digital price cards for wireless retailers $2,897,000 Venture - series unknown Aug. 2023 N/A Chad O'Leary CEO 6 Kinotek Inc. Portland Health care Body scanning and functional movement systems $2,300,000 Venture - series unknown Nov. 2023 Silverwood Partners David Holomakoff co-founder 7 Pumpspotting Kittery pumpspotting.com Social services Lactation programs $2,200,000 Seed Sept. 2023 Unum Ventures, Sincere Corp., Maine Venture Fund, Maine Technology Institute Amy VanHaren founder & CEO 8 RockStep Solutions Portland rockstepsolutions.com Information technology - biotechnology Information management system for biomedical research $2,000,000 Venture - series unknown Nov. 2023 N/A Chuck Donnelly CEO 9 American Unagi Waldoboro americanunagi.com Aquaculture American eels sourced from Maine's unique glass eel fishery $1,500,000 Venture - series unknown Jan. 2024 RuralWorks Partners Sara Rademaker president 10 Hey freya Portland heyfreya.co Health care Supplements for women's health $500,000 Angel Dec. 2023 Goddess Fun+d Helkin Berg founder & CEO SOURCE: Crunchbase and Pitchbook NOTES: Deals completed from July 21, 2023 through Jan. 10, 2024 were considered for this list. N/A = Not available or not applicable. -This list was compiled by Stephanie R. Meagher and published in the Jan. 22, 2024 issue of Mainebiz. N O T E S : Deals completed from July 21, 2023 through Jan. 10, 2024 were considered for this list. N/A = Not available or not applicable. S O U R C E : Crunchbase and Pitchbook Venture capital deals in Maine Ranked by funding amount R EGI ONAL S PONS OR S PR ES ENTI NG S PONS OR HORS D'OEUVRES / CASH BAR / NETWORKING WITH AREA BUSINESS EXECUTIVES S PACE IS S PACE IS L IMITED L IMITED, BE S URE TO , BE S URE TO R EG IS TER! R EG IS TER! Please register ahead at mainebiz.biz/OTRWestbrook24 F E B R U A R Y 6 / 4 : 0 0 – 6 : 0 0 P M / M A S T L A N D I N G B R E W I N G C O M PA N Y, W E S T B R O O K WESTBROOK