Oval Park Capital
Overview
Oval Park Capital is an early-stage venture capital firm on a mission to back breakthrough physical and industrial technology startups that solve the world's most complex and costly problems. Based in Raleigh, NC, and investing primarily in the Southeastern U.S. and other overlooked startup ecosystems, we pride ourselves on a contrarian investment strategy – looking beyond Silicon Valley to find value in sectors and regions underserved by mainstream VC. Our focus spans Advanced Manufacturing & Materials, AI Infrastructure & Computing, Climate Tech & Sustainability, Healthcare Data & Interoperability, Robotics & Automation, and other mission-critical solutions. We actively partner with visionary founders developing disruptive, defensible technologies, and we frequently see value and invest where others don't or won't.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Lemurian Labs | Dec 2025 | Series A | Co-investor |
| Extellis | Nov 2025 | Seed | Lead |
| Sironix Renewables | Mar 2025 | Grant | Lead |
| Medicom Technologies Inc. | Jul 2024 | Strategic | Co-investor |
| NALA Membranes | Feb 2024 | Convertible Debt | Co-investor |
Key People
Justin W.
Managing Partner
Oliver Smith
Venture Partner
Evan Shear
Investor
Pierce Gibson
Investor
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.