Whit Richardson is a former daily newspaper journalist in Portland, Maine, who has covered business and entrepreneurship for the past decade. He's founder of Maine Startups Insider and currently editor-in-chief of 4Front Publishing, an online news startup covering the nascent legal cannabis industry.

 

Recent posts by this Author


What It Means to Have a Honey Badger Culture

Portland, Maine, art, culture, local

The honey badger could be considered the world’s most fearless animal. For a Rockland, Maine-based digital marketing agency, Dream Local Digital, they consider their team members #HoneyBadgers of the online marketing world. Here’s how the company explains it: “#HoneyBadgers are tenacious. When we set…

Vets First Choice Acquires Arizona-Based Pharmacies, Expands Footprint

Vets First Choice, a company that serves as an online pharmacy for 30,000 veterinary practices and provides home delivery of medications and wellness diets to pet owners, is continuing to expand its footprint and suite of services it provides veterinary practices, this time via…

This Startup Aims to Swap Blood Draws for Saliva Samples

Here’s What the Future of Healthcare Looks Like

Portland, Maine-based biotech company Abogen, founded in 2012, has developed a method and accompanying technology to extract blood cells from saliva, allowing for the potential replacement of up to 80 percent of the five billion invasive, needle-necessary blood samples drawn annually. The company is…

South Portland Competition to Attract Maine Startups

Two Maine Certify Startups Awarded i6 Federal Grants

The City of South Portland is prepared to launch a small-business pitch competition to support local entrepreneurs and project a business-friendly image. The Startup South Portland competition, presented by City of South Portland and Opticliff Law, is a pitch contest for startups and small…

LePage Signs Bill Into Law Expanding Maine Technology Institute’s Scope

innovation maine

Recently, Gov. Paul LePage signed into law a bill that expands the Maine Technology Institute’s mandate and gives it tacit approval to take over funding for the state’s three business incubators. With the governor’s signature, the bill will become law 90 days after the…

Cerahelix Helps Save the Environment One Filter at a Time

competition

Cerahelix, the Orono-based startup that’s invented a high-tech filtration device using DNA and ceramics, is raising $2 million to help it accelerate development of pilot programs at several early-adopter customers, including Magic Hat Brewing Co. in South Burlington, Vt. So far, the company has raised $500,000…

Founders Need to Become Good Generalists at Solving Random Problems

Chris Bunnell has worked at a host of startups over the years, always drawn to the opportunity to take a clean slate and create something of value, something that solves someone’s problem, and potentially something that outlasts him. “I feel personally that this is a…

Maine Voters Approve $50 Million Research and Development Bond

VC Firms Money bond

The $50 million bond to support research, development, and commercialization efforts by Maine businesses has officially passed and been signed by the governor, the Secretary of State’s office announced Wednesday. Maine voters considered the bond issue at a special referendum election on June 13….

Meet 26 Maine Companies That Received Funding from MTI

VC Firms Money bond

When looking into the Maine startup ecosystem, there are more companies launching each quarter. Looking at the second quarter of 2017, 26 Maine companies, ranging from healthcare IT to manufacturing received funding from the The Maine Technology Institute. One TechStart grant also went to the…

Vets First Choice Raise $223M Led By CD&R and Hillhouse Capital Group

Pet Startups

Vets First Choice, the Portland company founded in 2010 to provide online pharmacy services to veterinary practices, has raised nearly a quarter of a billion dollars in new equity financing to fuel an international expansion. The company revealed on Wednesday morning that it had…

Panasonic Partners with Pika Energy to Develop Solar Smart Batteries

In an earlier report, we talked with cofounder of Pika Energy Ben Polito about his thoughts on raising venture capital money, and there’s more on the way. Pika Energy in Westbrook has raised $2 million in a convertible debt round, according to a filing…

Taking VC Money Depends on the Goals of the Company

Ben Polito and Joshua Kaufman, friends from their days studying engineering at the Massachusetts Institute of Technology, founded Pika Energy in 2010 in a basement in Gorham with a goal to make backyard, residential-scale wind turbines more affordable and accessible. Seven years later, the…

Fork Food Lab Acquired by New York-Based Foodworks

Fork Food Lab, the food-focused startup incubator in Portland, Maine has been acquired by Foodworks, a New York City-based company that operates two other culinary incubators in the northeast. Neil Spillane and Eric Holstein founded Fork Food Lab last year, officially opening in September…

NBT Solutions Closes Seed Round Led by Maine Venture Fund and CEI Ventures

NBT Solutions, a Portland, Maine-based developer of mapping software, has raised nearly a million dollars to drive growth of their flagship product VETRO FiberMap, a cloud-based broadband mapping and fiber management system for the telecommunications industry. The company closed the seed round of $773,333 from…

Founders Shouldn’t Depend on Their Plan A

high-growth hiring founders

Leo Corcoran founded his first company when he was in his mid 40s. Today, at 60 years old, his company Portland-based ClaimVantage, employs 35 people and posted $6 million in revenue in 2016 selling cloud-based software for the insurance industry. But it wasn’t always clear it…