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 11, 2026.
Team · 3 people
from public directories
What they invest in
from 15 of 26 portfolio companiesAI & Machine Learning ×5AgTech ×3Cleantech ×3Deep Tech ×3Hardware ×3SaaS ×3Circular Economy ×2Climate Tech ×2
HQs:United States×15
Investments · 26 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 22022 · 12021 · 12018 · 16 dated
Emrgy develops distributed hydropower systems that generate renewable electricity, positioning itself in the clean energy and climate technology space.
CleantechClimate TechEnergyAtlanta, US
Emily Morris(Chief Executive Officer & Founder)Tom Cuthbert(Chief Technology Officer)
BoardJennifer McFarlane(Director)Anastasia Istratova(Director)Justin Wright-Eakes(Director)Bob Kelly(Director)
PartnerJustin Wright-Eakes· solo GP
Raleigh, US
Rebecca Holmes(Executive Officer, Director)
Board seatJustin Wright-Eakes· per SEC Form D · $50K raise · filed Feb 2018
Extellis is developing a technology product referred to as Pathfinder, with a development history including patents and a DARPA-funded program.
Deep TechDefense TechDurham, US
Jeffrey Ludwig(Executive Officer)Michael Boyarsky(Executive Officer, Director)
BoardDavid Smith(Director)
Board seatJustin Wright-Eakes· per SEC Form D
FortifyData is an AI-powered cyber risk management platform that consolidates attack surface monitoring, third-party risk management, and compliance automation for cybersecurity and compliance teams.
AI & Machine LearningCybersecurityKennesaw, US
Adebola Ogungbemi(Executive Officer, Director)Robert C. Morrell(Director)Victor Gamra(Executive Officer, Director)in
Board seatJustin Wright-Eakes· per SEC Form D
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 · $9M raise · filed Jul 2024
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)
PartnerJustin Wright-Eakes· solo GP
Axil Health provides integrated care management services and software for healthcare providers.
Digital HealthHealthtechSaaS
PartnerJustin Wright-Eakes· solo GP
PartnerJustin Wright-Eakes· solo GP
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)Sean Warner(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
PartnerJustin Wright-Eakes· solo GP
PartnerJustin Wright-Eakes· solo GP
Lemurian Labs develops Tachyon, a software stack that enables AI workloads to run on any hardware or cloud without modification while maintaining or exceeding hand-optimized kernel performance.
AI & Machine LearningCloud ComputingDeveloper Tools
PartnerJustin Wright-Eakes· solo GP
PartnerJustin Wright-Eakes· solo GP
NALA Systems manufactures chlorine-tolerant reverse osmosis membranes for industrial water treatment and reuse.
Advanced ManufacturingCleantechNew Materials
PartnerJustin Wright-Eakes· solo GP
Raleigh, US
Evi Steyer(Director)Matthew Campbell(Executive Officer, Director)Leonard Nelson(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
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
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
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 develops bio-based surfactants made from 100% plant-based agricultural waste using furan-based chemistry, offering sulfate- and dioxane-free alternatives to petroleum-derived surfactants.
Circular EconomyCleantechNew MaterialsSeattle, US
PartnerJustin Wright-Eakes· solo GP
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
Mark Newhouse(Director)Laurie Braun(Director)George Wildeman(Executive Officer, Director)Jeffery A. Hilton(Executive Officer, Director)Christopher W. Gregory(Director)Ethan Klem(Executive Officer, Director)
PartnerJustin Wright-Eakes· solo GP
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
Zoee is coaching software designed for coaches and entrepreneurs that manages business administration, client bookings, and content delivery.
HR TechSaaSHendersonville, US
PartnerJustin Wright-Eakes· solo GP
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 companiesLemurian Labs · finsmes.com · Dec 4, 2025
Frequently asked questions
- 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.
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