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.
Average disclosed round size is $27.9M (across 17 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Seed
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
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ten63 | Unknown | — | Feb 2026 |
| EExtellis | Seed | $6.8M | Nov 2025 |
 Eloquent AI | Seed | $7.4M | Sep 2025 |
| OOctane Security | Seed | $6.8M | Apr 2025 |
| EExtellis | Unknown | $6.8M | 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 |
 Siphox | Series A | $17M | Jan 2023 |
 Levitate | Series C | $13.8M | Jan 2023 |
 Atmos AI | Series A | $12.5M | Nov 2022 |
 Superb AI | Series A | $9.3M | Feb 2021 |
| GGeneral Compression | Series B | $60M | Sep 2011 |
| GGeneral Compression | Series A | $20.9M | May 2010 |
 SiPhox | Series A | $17M | — |
 Apollo Atomics, Inc. | Seed | $26M | — |
 Corvera | Seed | $4.2M | — |
Top Co-Investors
Y Combinator5 shared
Khosla Ventures3 shared
Alumni Ventures3 shared
Front Porch Venture Partners3 shared
Metaplanet2 shared
Intel Capital2 shared
Shorewind Capital2 shared
Overlap Holdings2 shared
LongeVC2 shared
Oval Park Capital2 shared
First Star Ventures2 shared
Serious Change2 shared
Bain Capital Ventures1 shared
Figma Ventures1 shared
OpenAI Startup Fund1 shared
Bedrock1 shared
JLL Spark1 shared
Premier Partners1 shared
KT Investment1 shared
WaterBridge Ventures1 shared
Last updated: 14 September 2026