During the first quarter of 2018, CEI Ventures invested in Hyperlite Mountain Gear of Biddeford, and Pika Energy of Westbrook.
In a recently published Bangor Daily News article, Chandler Jones, principal at CEI Ventures, said of Hyperlite Mountain Gear, “They’re a prime example of what can happen in a flyover state like Maine. They’ve been able to build on a legacy industry [textiles] that had fallen on bad times. They are part of the resurgence of that industry.”
Another article published by the Press Herald describes these significant venture capital investments.