Investment firm to open in Downtown Fredericksburg

A new investment firm that will target early-stage venture capital and growth equity investments in U.S. National Security markets plans to open an office in Downtown Fredericksburg.

Riphean Investments will be led by Joel Griffin and Brian DeMuth, both of whom have spent their careers supporting the national security mission and have over 20 years of experience in government contracting, private industry consulting and cyber technologies.

Riphean is finalizing the close of its initial portfolio companies in addition to launching a fund. Details of the fund will be announced soon, providing opportunities for interested and qualified investors.

Riphean’s office will be on the second floor of 910 Charles Street, which is the building where Kybecca was formerly located.