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Oval Park Capital

Oval Park Capital

Raleigh, North Carolinaovalpark.com

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.

Year Founded

2018

Portfolio Companies

14

Investments

Oval Park Capital investments
CompanyDateStageLead
ExtellisJul 2026SeedLead
NALA MembranesJan 2026SeedCo-investor
Lemurian LabsDec 2025Series ACo-investor
ExtellisNov 2025SeedLead
Sironix RenewablesMar 2025SeedLead

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.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersRaleigh, North Carolina
Year Founded2018

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