Since social entrepreneur incubator Halcyon launched an angel investment group last August, the angel network has made its first two investments, totaling $630,000.

Halcyon Angels invests in startups with social good models to drive social impact. The investor group is comprised of members across the DMV who are all accredited investors as defined by the U.S. Securities and Exchange Commission. Halcyon Angels’ website doesn’t disclose the investors that are a part of its network, but Halcyon reported last year that the group plans to grow to 50 to 70 members over the next three years. Halcyon Angels is led by Director Dahna Goldstein, a senior fellow at downtown D.C.-based think tank New America.

The local investor network has invested $230,000 into Cambridge, Massachusetts-based Solstice and $400,000 into Richmond, Virginia-based MajorClarity.

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