CEI Ventures

CEI Ventures, Inc. is a private equity and venture capital firm based in Brunswick, Maine, and operates as the investment arm of Coastal Enterprises, Inc. Established in 1994, the firm focuses on seed/start-up, early stage, mid venture investments, recapitalizations, and growth capital investments. CEI Ventures targets emerging, growing, or transforming companies, particularly in underserved markets throughout the Northeastern United States, with a strong preference for investments in Maine. The firm typically invests between $250,000 and $1 million, often through multiple rounds of financing, and aims to exit its investments within five to seven years. CEI Ventures seeks active involvement in its portfolio companies, often taking a board seat. The firm's investment interests span various sectors, including technology, healthcare, consumer products, and environmental services.

Nat Henshaw

Managing Director

Chandler Jones

Managing Director

Past deals in Portland, OR

HighByte

Convertible Note in 2023
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

HighByte

Seed Round in 2021
HighByte, Inc., founded in 2018 and based in Portland, Maine, develops the HighByte Intelligence Hub, a software solution designed to address data integration and security challenges faced by industrial companies. This platform enables users to securely connect, model, and flow valuable operational data throughout their enterprises, facilitating the seamless integration of real-time, transactional, and time-series data. By providing a DataOps solution specifically tailored to the unique requirements of industrial assets and processes, HighByte aims to enhance the speed of system integration and enable the effective use of contextualized data for analytics and machine learning applications. The company emphasizes the importance of standardized data for the broader adoption of Industry 4.0, allowing manufacturers to manage their data without the need for extensive coding or maintenance.

Tilson

Series D in 2017
Tilson Technology Management, Inc., based in Portland, Maine, is an independent provider of network deployment and information technology professional services. Founded in 1996, the company serves clients in the telecom, construction, utility, and government sectors. Tilson specializes in various services, including network design, development, and deployment, as well as IT project management, software development, and information security consulting. The company also offers expertise in wireless site acquisition, small cell and Distributed Antenna System (DAS) construction, and technology capital project turnaround. With a dedicated team of approximately 100 professionals, Tilson maintains a global practice and operates additional offices in Syracuse, New York; Pittsburgh, Pennsylvania; and Foley, Alabama.

NBT Solutions

Seed Round in 2017
NBT's designs and delivers unique software that unlocks value in data through geographic analysis, presentation, and visualization.

Maine Craft Distilling

Venture Round in 2016
Maine Craft Distilling, LLC is a craft distillery based in Portland, Maine, specializing in the production of small-batch spirits, including gin, rum, and whiskey. Founded in 2012 and originally known as Davidson & Farber, LLC, the company emphasizes a farm-to-flask approach by collaborating closely with local farmers to source high-quality agricultural products. Maine Craft Distilling combines traditional distilling methods with innovative techniques to create unique spirits that reflect the region's character. The distillery's commitment to using local ingredients not only supports the community but also enhances the flavor profiles of its products, making them distinctive in the craft spirit market.

Tilson

Series B in 2015
Tilson Technology Management, Inc., based in Portland, Maine, is an independent provider of network deployment and information technology professional services. Founded in 1996, the company serves clients in the telecom, construction, utility, and government sectors. Tilson specializes in various services, including network design, development, and deployment, as well as IT project management, software development, and information security consulting. The company also offers expertise in wireless site acquisition, small cell and Distributed Antenna System (DAS) construction, and technology capital project turnaround. With a dedicated team of approximately 100 professionals, Tilson maintains a global practice and operates additional offices in Syracuse, New York; Pittsburgh, Pennsylvania; and Foley, Alabama.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.