River Valley Investors opens 2018 with investments in 3DFortify and Cambridge Blockchain

Western-Massachusetts based angel network River Valley Investors invested in 3DFortify, and completed a follow-on investment in Cambridge Blockchain early this year.

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3DFortify was a MassChallenge finalist, and the company went on to become a 2016 Gold Prize winner. In 2017, the company won the JEC Group’s 2017 International Startup award. The company combines 3D printing and magnetics to create aligned reinforced carbon fiber composites. “Our patented technologies allow for cheaper, faster, and the most complex composite manufacturing to date,” writes CEO Josh Martin. “We are ushering in a new generation of custom, high performance products.” River Valley Investors participated in a syndicated seed round, led by Mainspring Capital Partners in Boston and Prelude Ventures in San Francisco.

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Cambridge Blockchain, an alum of Valley Venture Mentors and with roots in Western Massachusetts, offers a proprietary software stack that has the potential to dramatically strengthen identity verification tools. The startup has recently entered into a partnership with IHS Markit, a UK-based data analysis firm. The recent funding, in combination with this partnership will allow the company to bring it’s secure and client-controlled peer-to-peer data sharing platform to big banks.

This is River Valley Investors’ first investment in 3DFortify, and third investment in Cambridge Blockchain.

 

About 3D Fortify:

3DFortify combines 3D printing and magnetics to create aligned reinforced carbon fiber composites. www.3dfortify.com

 

About Cambridge Blockchain:

Cambridge Blockchain offers proprietary software stack that has the potential to dramatically strengthen identity verification tools. www.cambridge-blockchain.com

 

About River Valley Investors:

River Valley Investors (RVI) is Western Massachusetts' 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.  www.rivervalleyinvestors.com.