Maine Technology Institute
Overview
The Maine Technology Institute (MTI) is an industry-led, publicly funded nonprofit organization whose mission is to stimulate the growth of technology-intensive companies that create quality jobs across the state. MTI offers grants, loans, equity investments, and services to support Maine's innovation economy.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Ocean Renewable Power Company | Sep 2012 | Grant | Co-investor |
| bluShift Aerospace | Jun 2024 | Seed | Co-investor |
| Kinotek | Oct 2019 | Grant | Lead |
| Great Northern Salmon | Feb 2026 | Grant | Co-investor |
| Nearpeer | Jan 2020 | Seed | Co-investor |
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Key People
Kimberly Drage
Deputy Director of the John Powell Institute
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Maine Technology Institute based?
Maine Technology Institute is headquartered in Brunswick, Maine, United States.
When was Maine Technology Institute founded?
Maine Technology Institute was founded in 1999.
How many portfolio companies does Maine Technology Institute have?
Maine Technology Institute has 61 portfolio companies in Caplight's dataset.
What are some companies in Maine Technology Institute's portfolio?
Portfolio companies visible on Caplight include Ocean Renewable Power Company, bluShift Aerospace, Kinotek, Great Northern Salmon, Nearpeer.
What was Maine Technology Institute's most recent investment shown here?
Maine Technology Institute's most recent investment in this portfolio sample was in Great Northern Salmon in 2026.
What sectors does Maine Technology Institute focus on?
Maine Technology Institute focuses on Frontier & Industrial Tech, Healthcare & Life Sciences, Media, Entertainment & Gaming, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Cybersecurity, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Consumer & Commerce, Consumer & Commerce, Energy & Sustainability, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Healthcare & Life Sciences, FinTech, Real Estate & PropTech, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, Energy & Sustainability, Real Estate & PropTech, Energy & Sustainability, Frontier & Industrial Tech, Healthcare & Life Sciences, Real Estate & PropTech, Energy & Sustainability, Real Estate & PropTech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Real Estate & PropTech, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Energy & Sustainability, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Real Estate & PropTech, Mobility, Transportation & Logistics, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, FinTech, Frontier & Industrial Tech, Enterprise Software, Media, Entertainment & Gaming, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Media, Entertainment & Gaming, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech.
What company stages does Maine Technology Institute focus on?
Maine Technology Institute typically invests at the MultiStage stage.
What is Maine Technology Institute's AUM?
Maine Technology Institute's assets under management are estimated between $22.5M and $22.5M.