Project

Our Portfolio

Supporting innovative startups.

Our team engages in a mix of work that spans traditional economic development, company creation, technical assistance, business strategy development and hands-on mentoring of select startups, and investments through our partnership with Bold Ocean Ventures.

Our Process:

  • Create: Commercialize internally-generated ideas, develop promising ideas that originate externally with partners, and combine market insights and GMRI staff knowledge to identify business opportunities.
  • Scale: Provide business-building support to enable investment, access to industry knowledge and science technical advisory services, and leverage network of regional partnerships and resources.
  • Invest: Secure a $15M investment fund as proof-of-concept for $50M fund, make targeted investments from pre-seed to Series A, and source pipeline from Create and Scale programs and network.

Looking for support?

Companies interested in engaging with Gulf of Maine Ventures are invited to submit our intake form. We will be in touch with you in 1–2 weeks to set up an introductory call and discuss next steps.

CREATE

Companies incubated and spun out of GMRI:

  • New England Marine Monitoring — Provides electronic monitoring systems, expert video review, technical support, and program management to electronic monitoring programs.
  • True Fin — The first and only boat-to-plate solution that connects premium seafood supply to high-quality demand.

SCALE

Companies actively supported by Gulf of Maine Ventures as part of our program services (see companies below). Gulf of Maine Ventures currently supports 35+ startups across verticals in ocean, climate, and seafood supply chain.

INVEST

Bold Ocean Ventures I is raising a $15M mission-drive and for-profit, impact venture fund formed in partnership with Gulf of Maine Research Institute. We are actively tracking companies for future investment, and encourage you to reach out via our inquiry form.

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Startups we currently support include:

Our Team

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Our mission is to catalyze solutions to global ocean challenges by creating, scaling, and investing in innovative blue economy companies. By supporting and investing in companies that offer high impact solutions, we aim to achieve a resilient, modernized 21st century marine economy.

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