Two New Closes at River Valley Investors

Springfield, MA: Western Massachusetts angel investor network River Valley Investors (RVI) has completed two investments in Boston-area startups during the first quarter of 2016. The startups include a consumer appliances company (Miravan) and a fintech company (Cambridge Blockchain).

Miravan designs smart and simple infant and childcare products. The flagship product, Moozi, sets out to become the “Keurig of Baby Formula,” offering parents a quick and easy way to prepare formula bottles. Miravan’s founder Miriam Kutcher is a working mom, and she writes that, “Until now, there has not been a simple, convenient and affordable solution to tackle the multi-step challenges of formula feeding.” Miriam has assembled a “Moozi Mom Board,” an advisory group of mothers, to provide ongoing insights, feedback and recommendations to the company.

Cambridge Blockchain offers proprietary software stack that has the potential to dramatically strengthen identity verification tools. Earlier this year, the company won the Distributed Ledger (DL) Challenge, which included a $15,000 cash prize.

RVI is the region’s premier angel investor group, investing in potentially high-growth start-up companies in and beyond the region.

About Miravan LLC:

Based in Holliston, Mass., Miravan, LLC designs and engineers quality products for parents and caregivers.

About Cambridge Blockchain:

Based in Cambridge, Mass., Cambridge Blockchain sells proprietary software stack designed for the real-world requirements shared by many "enterprise blockchain" applications.

About River Valley Investors:

River Valley Investors (RVI) is Western Massachusetts's angel investor network, including successful entrepreneurs and executives dedicated to helping each other find, evaluate, and profitably invest in exciting companies with significant growth potential.