Maine Technology Institute
VC Fund
Brunswick, United States
Maine Technology Institute is a VC fund in Brunswick focused on Manufacturing and Information Technology. Maine Technology Institute (MTI) invests in promising technologies by funding research and development projects in the state's seven technology sectors. MTI's competitive awards bring new products, services, and processes to the market, generating high-quality jobs across Maine.
- Total investments:
- 476
- Last investment:
- Lead investor:
- 79%
Last updated:
For AI agents: llms.txt
Industries Maine Technology Institute invests in
Stages Maine Technology Institute invests in
Countries Maine Technology Institute invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Investment Focus
Industry
- Manufacturing 51 (11%)
- Information Technology 39 (8%)
- Software 30 (6%)
- Health Care 25 (5%)
- Non Profit 21 (4%)
Stage
- Grant 240 (50%)
- Debt Financing 37 (8%)
- Seed 20 (4%)
- Venture - Series Unknown 16 (3%)
- Funding Round 8 (2%)
Country
- United States 268 (56%)
- Canada 1 (0%)
- Germany 1 (0%)
- United Kingdom 1 (0%)
- The Netherlands 1 (0%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Ben Welbourn
Business Consultant - Maine Entrepreneurial Resource Corps (MERC)
|
Business Consultant - Maine Entrepreneurial Resource Corps (MERC) | Total investments: 0 | Find email | |
|
Catherine Marin
Portfolio Manager
|
Portfolio Manager | Total investments: 0 | Find email | |
Joseph Migliaccio
Director
|
Director | Total investments: 0 | Find email | |
Shane Beckim
Investment Officer
|
Investment Officer | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| MaineHealth is a not-for-profit family of leading high-quality providers and other healthcare organizations working together so our communities are the healthiest in America. Ranked among the nation's top 100 integrated healthcare delivery networks, MaineHealth member organizations include Maine Medical Center, Franklin Community HealthNetwork, LincolnHealth, Maine Behavioral Healthcare, | $2M / Grant / May 07, 2026 | ||
| The University of New England is an innovative health sciences university grounded in the liberal arts. UNE has internationally recognized scholars in the liberal arts, sciences, health and medicine; offers more than 40 undergraduate, graduate and professional degree programs; and is home to Maine’s only medical school. CertKillers is the ultimatechoice of IT students to pass their final exam in covid-19 pandemic time and get a dream job in the IT field. Download the latest exam dumps, practice exams from the member's area, and memorize the Q&A real exam dumps before appearing in the actual exam. Its two distinctive campuses in Biddeford and Portland, Maine offer student-centered interprofessional programs in the College of Osteopathic Medicine, Westbrook College of Health Professions, College of Arts and Sciences, College of Pharmacy, and College of Graduate Studies. | $357.4K / Grant / Apr 29, 2026 | ||
| Peregrine Turbine Technologies is a mechanical or industrial engineering company that develops revolutionary sCO2 power generation systems. Peregrine develops a new energy source with the reliability of a turbine engine and the fuel efficiency of a gas reciprocating engine. | $1.5M / Debt Financing / Feb 26, 2026 | ||
| North Spore is a mushroom-farming company that provides lessons on mushroom cultivation along with selling spawns and growing kits. | $2.6M / Sep 12, 2025 | ||
| bluShift Aerospace is an employee-owned American aerospace firm based in Brunswick, Maine. | $1.3M / Seed / Jun 04, 2024 | ||
| 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. | $2.2M / Seed / Sep 06, 2023 | ||
| ReachMyTeach is an accessible, translated, and simple communication tool that allows families, students, and teachers to connect in ways that are convenient for them. | $25K / Grant / May 30, 2023 | ||
| 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 onlySaaS 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. | $7M / Venture - Series Unknown / Mar 22, 2023 | ||
| Wild blueberry is an agricultural business environment that encourages a thriving wild blueberry community while also encouraging profitability, creativity, and the social, economic, and environmental sustainability of Maine's wild blueberry farms and food processors at all levels of production. | $500K / Grant / Jan 23, 2023 | ||
| The Roux Institute at Northeastern University offers graduate education and research capabilities. | $500K / Grant / Jan 10, 2023 | ||
| See all 476 investments → | |||
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FAQ
What does Maine Technology Institute invest in?
Maine Technology Institute invests primarily in Manufacturing, Information Technology and Software startups, most often at Grant and Debt Financing stage. Most of the 476 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Maine Technology Institute?
Public channels for Maine Technology Institute include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Maine Technology Institute?
The team at Maine Technology Institute includes Ben Welbourn (Business Consultant - Maine Entrepreneurial Resource Corps (MERC)), Catherine Marin (Portfolio Manager) and Joseph Migliaccio (Director). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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