Maine Angels one of most active US groups
The Maine Angels closed on 14 deals during this year's second quarter, making it one of the country's most active angel investment groups, according to a new report.
The Portland Press Herald reported that the high number of deals closed by the Maine Angels, amounting to a total of nearly $1.3 million, made it one of the eight most-active angel investment groups in the United States, according to the Angel Capital Association's most recent Halo Report, which surveys national angel investment activity.
Three of the Maine Angels' 14 deals were follow-on investments for Maine startups, including Westbrook-based Pika Energy, Portland-based biotech company Abogen and Portland-based education software provider Academic Merit.
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