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The Venture Codex

Enlightenment Capital

4445 Willard Avenue Suite 700, Chevy Chase, MD, 20815, United States

Overview

Enlightenment Capital is a private investment firm that provides creative capital solutions and support to businesses in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm invests in senior debt, mezzanine debt, and minority equity. Enlightenment Capital's principals have spent their careers investing in, advising, and analyzing the ADG&T sector. The firm places a premium on partnering with top-tier management teams and equity sponsors focused on building quality companies that are leaders in their field. As the industry re-orients and evolves, Enlightenment Capital provides informed, creative capital solutions to the businesses that deliver - and will continue to deliver - mission-critical products and services. The firm has deep ties to the ADG&T industry and investment community, and insight into the advances, policies, and dynamics that are driving its evolution. Enlightenment Capital brings these forces to bear as it seeks compelling investment opportunities and enduring partnerships.

Total investments
6
Lead investments
2
Investments · 12mo
1
Active investors
4

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Forterra

    Participated · Series C · Nov 2025

    Forterra develops hardware, edge-computing platforms, and an autonomous software stack that allow military and logistics fleets to move, sense, and act without human intervention. Its technology focus spans vehicle automation, command-and-control software, and communications modules, recently strengthened through the acquisition of mobile mesh-network company goTenna. The company has secured several high-profile U.S. Department of Defense awards, including the first ground-autonomy production contract for ROGUE Fires with the Marine Corps, a $114 million Army contract for autonomous breaching systems, Phase II of the Army’s GEARS program, and a $4.8 million Army UxS contract. Forterra is also partnering with Volvo Defense, BAE Systems, CHAOS Industries, and RTX’s Raytheon to integrate its systems across the broader defense ecosystem. With the new capital, Forterra plans to accelerate R&D in communications and C2 capabilities and scale production of its edge-computing platforms. The company’s growing roster of contracts and partnerships highlights increasing demand for interoperable autonomy in complex mission environments.

  • OROS Labs

    Participated · Series B · Apr 2024

    OROS Labs builds Solarcore®, a polymer aerogel–based insulation material that the company says is the world’s lowest thermally conductive solid and is designed for durability and versatility across many product categories. Solarcore® targets applications from cold-weather apparel to structures, packaging, and aerospace/space thermal management, claiming benefits in heat retention, reduced weight, and improved transport and setup efficiencies. The company highlights dual-use demand and strategic partnerships with consumer footwear brands (Merrell, L.L. Bean) and the U.S. Department of Defense, including work to upgrade Army cold-weather tactical shelters. OROS emphasizes commercialization through expanded manufacturing, scaled product offerings, and continued research and development. The company has also recruited an experienced leadership and advisory team from industry and defense backgrounds to support growth.

  • OROS

    Led · Series A · Jun 2021

    OROS combines materials science and apparel design to create SOLARCORE®, an aerogel-based insulation technology invented through iterative engineering and patented starting in 2015. The company turned its material into a new lightweight insulated fabric that launched in 2022 and incorporates a suite of patents and exclusive rights to underlying NASA IP. OROS plans to debut the material in a new performance apparel collection and expand products built around the technology. The recent capital will fund further refinement of the material, development of new apparel products, and construction of a U.S. manufacturing facility. The planned manufacturing line outside Boston will convert recycled fiber into a novel thermal performance fiber and enable 3D engineered knitting, custom machinery, and a consolidated domestic supply chain. Founders Michael Markesbery and Rithvik Venna lead the company alongside a technical team including CTO Jeff Nash. OROS develops and integrates Aerogel-based Solarcore insulation—derived from NASA space-shuttle and Mars Rover technology—into consumer outerwear to enable delayering. Solarcore is breathable and maintains thermal performance under compression and when wet, allowing garments to be thinner and more flexible than traditional goose down. The company positions its products as technical performance apparel that outperforms traditional insulations. OROS launched a winter 2018 outerwear line and is using recent investment to accelerate demand for its products. The firm reports 300% year-over-year growth and has received several million dollars in venture-capital backing. It has also partnered with Silicon Valley Bank for inventory financing and was co-founded in 2013 by Michael Markesbery and Rithvik Venna. Oros Apparel builds aerogel-insulated outerwear using a patented form of aerogel called SolarCore™. The company expanded from a Kickstarter-launched parka into a broader product line including quarter-zips, beanies, fleeces, vests and a more extensive outerwear range. It has begun licensing and distributing SolarCore to other brands, including Cabela’s for use in footwear. Oros reports global sales in over 47 countries and has signed an international distribution deal with a South Korean distributor. To manage international logistics and supply chain it is working with FedEx. The company has also entered a financial relationship with Silicon Valley Bank. Oros closed a $2M seed round backed by investors in Beijing and the U.S.

Team