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NVIDIA, Intel and Google Alums Launch Lemurian Labs and Secure $9 Million in Funding to Solve AI's Compute Capacity Limitations

Lemurian Labs today announced it has secured $9 million in seed funding to develop an accelerated computing platform specifically tailored for AI applications. The round was led by Oval Park Capital, with participation from Good Growth Capital, Raptor Group and Alumni Ventures among others. Composed of a core team with experience at Google, Microsoft, NVIDIA, AMD and Intel, Lemurian Labs was founded with the mission to democratize AI, and through the development and deployment of novel...
Ajay Dawani Justin Wright Eakes Rick Liebling Ai Operators Fund Raptor Group Google Alums Launch Lemurian Labs

Cleantech startup in Durham focusing on desalination lands investors for big seed round

DURHAM – NALA Systems, a woman-owned startup in Durham developing a desalination technology, has raised an oversubscribed seed round of $700,000. The round was targeted at $600,000. The oversubscribed round was led by Good Growth Capital with a first tranche closed in October 2020 that included support from NC-based angels at RTP Capital and Wilmington Angels for Local Entrepreneurs (WALE). Oval Park Capital completed the round as the sole investor in the second tranche. “We appreciate the ...
United States Justin Wright Eakes Good Growth Capital Wilmington Angels Local Entrepreneurs Oval Park Capital

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