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Construct Capital raises $300M fund for defense and manufacturing tech

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Construct Capital raises $300M fund for defense and manufacturing tech - TechCrunch

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Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments.The Washington D.C.-based firm previously raised a $225 million second fund and a $75 million capital pool for later-stage companies in 2022.

Construct has invested in startups like Hadrian, which uses software to manufacture parts for the defense and aerospace industries, and Veho, a company specializing in last-mile e-commerce delivery from distribution centers to customers.

The firm was founded in 2020 by former NEA partner Dayna Grayson and Rachel Holt, who was previously an executive at Uber.


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Author / Journalist: Marina Temkin

Category: Technology

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Published On: 2025-04-01 @ 00:26:05 (1 days ago)

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