Duke Capital Partners
Durham, North Carolina, United StatesFounded 2015
Duke Capital Partners (formerly Duke Angel Network) is Duke University's early-stage venture investment arm, operating an angel investing platform and a co-investment fund (the Duke Innovation Fund) that supports Duke-affiliated startups with capital, mentorship, and alumni expertise.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Average disclosed round size is $35.7M (across 40 rounds with reported amounts).
Portfolio
34
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
Kurt Schmidt
Managing Director
Dave Neal, JD
Venture Partner
VC
V. Cary Ritter
Senior Assistant Director
Christopher Kaminski
Senior Associate
Damon Burrow
Senior Associate
FJ R. Hogg
Senior Associate
Hengji Chen
Senior Associate
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
42 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ten63 | Unknown | — | Feb 2026 |
 Apollo | Seed | $31M | Jan 2026 |
 Extellis | Seed | $6.8M | Nov 2025 |
 Eloquent AI | Seed | $7.4M | Sep 2025 |
 Octane Security | Seed | $6.8M | Apr 2025 |
| Extellis | Unknown | $6.8M | Jan 2025 |
| Eloquent AI | Seed | $7.4M | Jan 2025 |
 Newlimit | Series B | $130M | Jan 2025 |
| AAcre Homes | Seed | $10M | Dec 2024 |
 Liquid | Series A | $250M | Dec 2024 |
 Dannce | Pre-Seed | $2.6M | Nov 2024 |
 RetailReady | Seed | $3.3M | Jan 2024 |
 Pryon | Series B | $100M | Sep 2023 |
 SiPhox | Series A | $17M | Jul 2023 |
 Levitate | Series C | — | Apr 2023 |
 Siphox | Series A | $17M | Jan 2023 |
| Levitate | Series C | $13.8M | Jan 2023 |
| SiPhox | Series A | $17M | Jan 2023 |
 Atmos AI | Series A | $12.5M | Nov 2022 |
 Xilis | Series A | $70M | Jul 2021 |
 Xilis | Series A | $70M | Jul 2021 |
| RRealtime Robotics | Series A | $31.4M | Jun 2021 |
 Realtime Robotics | Unknown | $19.7M | Jun 2021 |
 Superb AI | Series A | $9.3M | Feb 2021 |
| XXilis, Inc. | Series A | $70M | Jan 2021 |
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Top Co-Investors
Y Combinator11 shared
Alumni Ventures7 shared
Khosla Ventures5 shared
Catalio Capital Management5 shared
EQT Life Sciences5 shared
GV5 shared
Mubadala Ventures5 shared
Two Sigma Ventures5 shared
Pear VC5 shared
Felicis5 shared
Alexandria Venture Investments4 shared
Robinhood Ventures4 shared
Metaplanet3 shared
Intel Capital3 shared
Shorewind Capital3 shared
Overlap Holdings3 shared
LongeVC3 shared
New Era Capital Partners3 shared
E14 Fund3 shared
Stanford University3 shared
Last updated: 20 October 2026