Oval Park Capital
Venture capitalRaleigh · Seed–Late Stage · 3 people tracked
Also known as OVAL PARK CAPITAL LLC
Investment thesis
Oval Park Capital invests at the seed stage in hardtech startups building physical and industrial technologies with defensible IP, targeting complex, high-value challenges in mission-critical industries. It favors engineering-led breakthroughs where the main risk is building and scaling rather than proving science or clearing regulatory hurdles, seeking protectable IP, iterative engineering milestones, order-of-magnitude technical gains, clear buyer urgency, strong customer ROI, and capital-efficient paths to scale. The firm deliberately looks in overlooked ecosystems, geographies and sectors, acts as an engaged lead investor taking board seats, and supports founders hands-on through Series A and B via its support platform.
Source: firm website, verified Aug 25, 2026.
Team · 3 people
from public directories
What they invest in
from 18 of 26 portfolio companiesAI & Machine Learning ×5Deep Tech ×5Cleantech ×4Hardware ×4SaaS ×4AgTech ×3New Materials ×3Circular Economy ×2
HQs:United States×17
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×62 founders×2
Accelerator rootsportfolio companies that came through a program
Investments · 26 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 22023 · 22022 · 12021 · 12018 · 18 dated
Emrgy develops a redesigned hydropower technology that lets customers generate continuous clean energy from existing water flows, supporting decentralized grid power independence.
CleantechClimate TechEnergyAtlanta, US
Emily Morris(Chief Executive Officer & Founder)inTom Cuthbert(Chief Technology Officer)in
BoardJennifer McFarlane(Director)Anastasia Istratova(Director)inJustin Wright-Eakes(Director)inBob Kelly(Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsFifth WallAtlanta Technology AngelsAvila
Raleigh, US
Rebecca Holmes(Executive Officer, Director)
Board seatJustin Wright-Eakes· per SEC Form D · $50K raise · filed Feb 2018
Extellis is developing satellite technology to deliver high-resolution (1 m) Earth imagery at industrial scale for remote monitoring applications.
Deep TechDefense TechHardwareSpace TechDurham, US
Jeffrey Ludwig(Executive Officer)Michael Boyarsky(Executive Officer, Director)
BoardDavid Smith(Director)in
Board seatJustin Wright-Eakes· per SEC Form D
Co-investorsDuke Capital PartnersFirst Star VenturesShell Ventures
FortifyData is an AI-powered cyber risk management platform that consolidates attack surface management, third-party/vendor risk management, vulnerability management, and compliance automation into a single system.
AI & Machine LearningCybersecuritySaaSKennesaw, US
Victor Gamra(Executive Officer, Director)inAdebola Ogungbemi(Executive Officer, Director)
BoardRobert C. Morrell(Director)
Board seatJustin Wright-Eakes· per SEC Form D
Co-investorsBIP VenturesOpen Opportunity FundTech Square Ventures
Raleigh, US
Michael Rosenberg(Executive Officer, Director, Promoter)Malcolm Benitz(Executive Officer, Director)Chris Woodlief(Executive Officer)Chase Ballard(Executive Officer, Director)
BoardJT Vaughn(Director)Mike Becker(Director)
Board seatJustin Wright-Eakes· per SEC Form D
Co-investorsGrayhawk CapitalVocap Partners
Seattle, US
Christoph Krumm(Executive Officer, Director, Promoter)Dave Edwards(Executive Officer)
BoardPeter Chidyllo(Director)Mel Luetkens(Director)John Venegoni(Director)
Board seatJustin Wright-Eakes· per SEC Form D · $3.5M raise · filed Oct 2024
Archaius develops anti-jamming hardware-software systems (its Grale and Vaelin products) that protect GPS navigation and command-and-control links for autonomous platforms and critical systems operating in contested, jamming-heavy environments.
CybersecurityDeep TechDefense TechHardwareNorth Carolina, US
Frederick Vosburgh(Executive Officer, Director)
BoardJustin Wright-Eakes(Director)in
PartnerJustin Wright-Eakes· solo GP
Co-investorsOPC
Axil Health provides integrated care management services and software for healthcare providers.
Digital HealthHealthtechSaaS
PartnerJustin Wright-Eakes· solo GP
Carpe makes over-the-counter antiperspirant and sweatcare products, including deodorants and lotions, aimed at consumers dealing with excessive sweating and body odor.
ConsumerDirect to ConsumerWellness & Fitness
PartnerJustin Wright-Eakes· solo GP
Co-investors7BC Venture CapitalDuke Capital PartnersGreen Park & Golf VenturesIrishAngels
Grubbly Farms produces natural chicken feed and supplements centered on Black Soldier Fly grubs as a primary protein source, serving backyard flock owners.
AgTechCircular EconomyClimate TechFoodTechNorcross, US
Patrick Pittaluga(Executive Officer, Director)inSean Warner(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsCorazon CapitalOverlineSpiral Sun VenturesTechstars
Lemurian Labs develops Tachyon, a software stack that runs AI workloads on any hardware and cloud while matching or exceeding the performance of hand-tuned kernels.
AI & Machine LearningDeep TechDeveloper Tools
Jay Dawani(Founder & CEO)in
PartnerJustin Wright-Eakes· solo GP
Co-investors1Flourish CapitalBlackhorn Venturesfutureland venturesGood Growth CapitalMistral Venture PartnersOrigin Ventures+11 more
Medicom provides a platform for automating medical image exchange and delivering imaging studies into EHR and PACS systems for hospitals, clinics, and radiology, cardiology, pathology, and oncology teams.
Data & InfrastructureDigital HealthHealthtech
PartnerJustin Wright-Eakes· solo GP
Co-investorsVocap PartnersWolfpack Investor NetworkGrayhawk Capital
NALA Membranes develops chlorine-tolerant reverse osmosis membranes made from sulfonated polysulfone that resist fouling and withstand chlorine cleaning far longer than standard polyamide membranes.
CleantechDeep TechNew Materials
Co-investorsGood Growth Capital
NALA Systems manufactures chlorine-tolerant reverse osmosis membranes for industrial water treatment and reuse.
Advanced ManufacturingCleantechNew MaterialsChapel Hill, US
Beverly Sue J Mecham(Executive Officer, Director)David Mendez(Director)Judy Riffle(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsGood Life Sciences GenerationsOPC
Raleigh, US
Evi Steyer(Director)Matthew Campbell(Executive Officer, Director)Leonard Nelson(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsIDEA NCSilverstrand CapitalWolfpack Investor Network
Parmonic offers an AI-powered video platform that helps knowledge workers and communicators create and edit video content without specialized editing skills.
AI & Machine LearningMarketing TechSaaS
PartnerJustin Wright-Eakes· solo GP
Co-investorsJohnson Venture Partners
Phinite manufactures organic fertilizer from livestock waste in granular form for growers and dealers.
AgTechRaleigh, US
Jordan Phasey(Executive Officer, Director, Promoter)
BoardJeff Clark(Director)Keegan Wilson(Director)Michael McCord(Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsAg Ventures AllianceIDEA NCSerra Ventures
A research platform providing AI-powered literature search, citation analysis, and scholarly content access for researchers and organizations to accelerate research reviews and discovery.
AI & Machine LearningData & InfrastructureEnterprise Software
PartnerJustin Wright-Eakes· solo GP
PartnerJustin Wright-Eakes· solo GP
Sironix Renewables is a Seattle-based manufacturer of plant-based, high-performance molecules and surfactants made from agricultural waste, intended to replace petrochemical ingredients.
Circular EconomyCleantechNew MaterialsSeattle, US
Christoph Krumm(CEO & Co-Founder)inPaul Dauenhauer(Co-Founder)inShawn Eady(CTO)inEllen Murphy(Head of R&D)in
PartnerJustin Wright-Eakes· solo GP
Co-investorsThe Innovation Space
PartnerJustin Wright-Eakes· solo GP
SWIR Vision Systems designs shortwave infrared (SWIR) cameras and sensors based on colloidal quantum dot (CQD) thin-film photodiodes fabricated on silicon readout wafers.
Deep TechHardwareSemiconductorsDurham, US
Ethan Klem(Executive Officer, Director)Mark Newhouse(Director)Laurie Braun(Director)George Wildeman(Executive Officer, Director)Jeffery A. Hilton(Executive Officer, Director)Christopher W. Gregory(Director)
PartnerJustin Wright-Eakes· solo GP
Co-investorsDellin InvestmentsIn-Q-TelKeiretsu ForumWolfpack Investor Network
Charleston, US
PartnerJustin Wright-Eakes· solo GP
Co-investorsCleo CapitalTheVentureCityOPC
TARGAN is an animal agtech systems company that engineers precision technologies for commercial food producers, with a focus on sustainability and animal welfare.
AgTechAI & Machine LearningFoodTechHardwareRaleigh, US
PartnerJustin Wright-Eakes· solo GP
Co-investorsMountain Group Capital
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesExtellis · axios.com · Jul 23, 2026
NALA Membranes · markets.businessinsider.com · Jul 6, 2026
Lemurian Labs · finsmes.com · Dec 4, 2025
Frequently asked questions
- How many investments has Oval Park Capital made?
- Oval Park Capital has 22 tracked investments, including 1 dated in the last 24 months.
- What stage does Oval Park Capital invest at?
- Oval Park Capital invests at the Seed, Series A, Growth, Late Stage stages.
- What is Oval Park Capital's typical check size?
- Oval Park Capital typically writes checks of $500K – $1.5M.
- What sectors does Oval Park Capital focus on?
- Oval Park Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Cleantech, Climate Tech, Construction Tech, Deep Tech, Defense Tech, Energy, Fintech, FoodTech, Hardware, Healthtech, Mobility & Transportation, New Materials, PropTech, Retail Tech, Robotics, SaaS, Space Tech.
- Where is Oval Park Capital located?
- Oval Park Capital is headquartered in Raleigh, US.
- Does Oval Park Capital lead rounds?
- Yes, Oval Park Capital leads investment rounds.
- Who does Oval Park Capital co-invest with?
- Oval Park Capital most often shares deals with Wolfpack Investor Network, Ag Ventures Alliance, Duke Capital Partners, among 40 tracked co-investors.
Similar investors
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
Norrsken VC is a European early-stage venture capital firm investing in technology addressing major global challenges across energy, industry and healthcare, born out of the Norrsken ecosystem for impact-focused founders.
DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.
BDC Fund Investments is the fund-of-funds arm of BDC Capital that acts as a limited partner, backing emerging and established fund managers who invest in technology-focused Canadian companies.