Construct Capital

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Amplio	$11.0M Series A	—	Hitachi Ventures
Jul 1, 2025	Folio	$14.0M Series A	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Salesforce Ventures, TLV Partners, Y Combinator
Jul 1, 2025	Laminar	$12.0M Series A	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Pear VC, Salesforce Ventures, TLV Partners, Y Combinator, Ankit Jain, Arash Ferdowsi
Jul 1, 2025	Rune Technologies	$24.0M Series A	—	Afore Capital, Andreessen Horowitz, Caffeinated Capital, Cherry Ventures, Countdown Capital, Cubit Capital, Floodgate, Founders Fund, Taylor Brandt, Lux Capital, Picus Capital, Ravelin Capital, Saga, Stash Ventures, XYZ Venture Capital, Harry Hurst, Justin Mateen, Koen Koeppen, Rob Meyerson
Jul 1, 2025	Ramp	$500.0M Series E	—	8VC, Afore Capital, Alumni Ventures, Andreessen Horowitz, Bessemer Venture Partners, BoxGroup, Caffeinated Capital, Canvas Ventures, Chemistry VC, Cherry Ventures, Contrary Capital, Countdown Capital, Cubit Capital, Diaspora Ventures, FirstMile Ventures, Floodgate, Founders Fund, General Catalyst, Giant Ventures, Industry Ventures, Khosla Ventures, Launch House Ventures, LGF, Lux Capital, Pareto Holdings, Picus Capital, Ravelin Capital, Saga, Sequoia Capital, Seven Seven Six, Stash Ventures, Susquehanna Capital, The House Fund, Thrive Capital, Bradley Horowitz, Catherine Wood, Chafic Kazoun, Eduardo Alcalay, Harry Hurst, Javaughn Lawrence, Justin Mateen, Koen Koeppen, Lucas Medola, Mark Casady, Rob Meyerson, Scott Belsky, Teddy Citrin, Zachary Hargreaves
Jul 1, 2025	Hadrian	$110.0M Series C	—	2048 Ventures, Afore Capital, Also Capital, Alumni Ventures, Andreessen Horowitz, Atomic, Caffeinated Capital, Cherry Ventures, Countdown Capital, Cubit Capital, Daft Capital, Felicis Ventures, Floodgate, Founders Fund, Lux Capital, One Way Ventures, Paradox Capital, Picus Capital, Ravelin Capital, Saga, Stash Ventures, Stellar Capital, The Hit Forge, Virginia Venture Partners, Austin Ogilvie, Harry Hurst, Joao Otavio Oliverio, Justin Mateen, Koen Koeppen, Leonardo DiCaprio, Mattia Astori, Rob Meyerson, Sahin Boydas, Sam Altman, Sohila Zadran, Vineet Jain, William Miller
Jun 1, 2025	BackOps AI	$8.0M Seed	—	Gradient Ventures
Jun 1, 2025	Ramp	$200.0M Series E	—	8VC, Afore Capital, Alumni Ventures, Andreessen Horowitz, Bessemer Venture Partners, BoxGroup, Caffeinated Capital, Canvas Ventures, Chemistry VC, Cherry Ventures, Contrary Capital, Countdown Capital, Cubit Capital, Diaspora Ventures, FirstMile Ventures, Floodgate, Founders Fund, General Catalyst, Giant Ventures, Industry Ventures, Khosla Ventures, Launch House Ventures, LGF, Lux Capital, Pareto Holdings, Picus Capital, Ravelin Capital, Saga, Sequoia Capital, Seven Seven Six, Stash Ventures, Susquehanna Capital, The House Fund, Thrive Capital, Bradley Horowitz, Catherine Wood, Chafic Kazoun, Eduardo Alcalay, Harry Hurst, Javaughn Lawrence, Justin Mateen, Koen Koeppen, Lucas Medola, Mark Casady, Rob Meyerson, Scott Belsky, Teddy Citrin, Zachary Hargreaves
May 1, 2025	Finwave Semiconductor	$8.0M Venture Round	—	Alumni Ventures, Breakthrough Energy Ventures, Founder Collective, Pillar VC, Safar Partners, The Engine, Frederic Kerrest
Mar 1, 2025	TensorPool	$500K Seed	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Salesforce Ventures, TLV Partners, Y Combinator
Mar 1, 2025	Novatron	$11.0M Series A	—	ABB Technology Ventures, Asylum Ventures, Blackhorn Ventures, Highline Beta Inc., High Line Venture Partners, iNovia Capital, Root Ventures, Third Sphere, Ron Pragides, Ryan Melohn
Feb 1, 2025	Saronic	$600.0M Series C	—	8VC, Afore Capital, Andreessen Horowitz, Anorak Ventures, Avalanche VC, Battery Ventures, Bling Capital, BR Capital, Caffeinated Capital, Cherry Ventures, Countdown Capital, Cubit Capital, CVS Health, Kelly Chen, Dunce Capital, Equal Ventures, Floodgate, Founders Fund, General Catalyst, High Alpha, Hyde Park Venture Partners, IVP, Lazerow Ventures, Lightspeed Venture Partners, Lux Capital, Maven 11 Capital, Not Boring Capital, Picus Capital, Pillar VC, Ravelin Capital, Runa Capital, Saga, Spark Capital, Stash Ventures, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Bradley Horowitz, Esther Dyson, Harry Hurst, Justin Mateen, Koen Koeppen, Kyle Vogt, Nick Sinai, Rob Meyerson, Trent McConaghy, Yoshua Bengio
Feb 1, 2025	Porosity	$3.0M Seed	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Salesforce Ventures, TLV Partners, Y Combinator
Feb 1, 2025	DevAI	$6.0M Seed	—	9Yards Capital, Adeyemi Ajao, Rexhep Dollaku, Base10 Partners, Benchstrength, Emergence Capital, Global Innovation Fund, Greenoaks Capital, Kamay Ventures, Next Ventures, Pear VC, Precursor Ventures, Ride Ventures, TCV, Ankit Jain, Arash Ferdowsi, Evan Moore, Felipe Villamarin, Juan Pablo Ortega, Jun Hwang, Luc Vincent, Simon Borrero
Feb 1, 2025	Rune Technologies	$6.0M Seed	—	Afore Capital, Andreessen Horowitz, Caffeinated Capital, Cherry Ventures, Countdown Capital, Cubit Capital, Floodgate, Founders Fund, Lux Capital, Picus Capital, Ravelin Capital, Saga, Stash Ventures, Harry Hurst, Justin Mateen, Koen Koeppen, Rob Meyerson
Jan 1, 2025	BenchFlow	$1.0M Seed	—	FAST — by GETTYLAB, Pear VC, Y Combinator, Ankit Jain
Jan 1, 2025	Tradeverifyd	$8.0M Series A	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Salesforce Ventures, TLV Partners, Y Combinator
Nov 1, 2024	Impilo	$12.0M Series A	—	2048 Ventures, The Engine
Nov 1, 2024	Advex AI	$4.0M Seed	—	7percent Ventures, Founder Collective, Initialized Capital, LombardStreet Ventures, Scott Sandell, Pear VC, Pillar VC, Safar Partners, Shkuri Ventures, Arash Ferdowsi, Frederic Kerrest
Oct 1, 2024	Flora	$1.0M Seed	—	ABB Technology Ventures, AfterWork Ventures, Asylum Ventures, Blackhorn Ventures, Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), Highline Beta Inc., High Line Venture Partners, iNovia Capital, Root Ventures, Third Sphere, Ron Pragides, Ryan Melohn
Oct 1, 2024	Laminar	$600K Seed	—	2048 Ventures, Bread and Butter Ventures, Cedar Capital Group, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital, NOMO Ventures, Salesforce Ventures, TLV Partners, Y Combinator
Oct 1, 2024	BackOps AI	$2.0M Seed	—	Gradient Ventures
Aug 1, 2024	SAGE Geosystems	$45.0M Series A	—	Afore Capital, Andreessen Horowitz, Caffeinated Capital, Cherry Ventures, Countdown Capital, Cubit Capital, Floodgate, Founders Fund, Lux Capital, Picus Capital, Ravelin Capital, Saga, Stash Ventures, Harry Hurst, Justin Mateen, Koen Koeppen, Rob Meyerson
Jul 1, 2024	Saronic	$180.0M Series B	—	8VC, Afore Capital, Andreessen Horowitz, Avalanche VC, Bling Capital, BR Capital, Caffeinated Capital, Cherry Ventures, Comcast Ventures, Countdown Capital, Cubit Capital, CVS Health, Kelly Chen, Dunce Capital, Equal Ventures, Floodgate, Founders Fund, General Catalyst, High Alpha, Hyde Park Venture Partners, IVP, Lazerow Ventures, Lightspeed Venture Partners, Lux Capital, Maven 11 Capital, Not Boring Capital, Picus Capital, Pillar VC, Ravelin Capital, Runa Capital, Saga, Spark Capital, Stash Ventures, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Bill Ackman, Bradley Horowitz, Esther Dyson, Harry Hurst, Justin Mateen, Koen Koeppen, Kyle Vogt, Rob Meyerson, Trent McConaghy, Yoshua Bengio
Jun 1, 2024	Better Health	$14.0M Series A	—	8VC, Afore Capital, Andreessen Horowitz, Caffeinated Capital, Cherry Ventures, Comcast Ventures, Countdown Capital, Cubit Capital, Floodgate, Founders Fund, FPV Fund, General Catalyst, Kapor Capital, Lux Capital, Picus Capital, Ravelin Capital, Saga, Section 32, Stash Ventures, Time BioVentures, XYZ Venture Capital, Ash Rust, Ayo Omojola, Gokul Rajaram, Harry Hurst, Justin Mateen, Koen Koeppen, Rob Meyerson

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Construct Capital.

Leadership Team

Key people at Construct Capital.

Deep Dive

High-Level Overview

Construct Capital is an early-stage venture capital firm focused on investing in founders who are transforming foundational industries such as manufacturing, logistics, transportation, and energy through advanced technologies like AI and robotics. Their mission is to address decades of underinvestment in these sectors, which are critical to the economy, by backing startups that modernize and digitize these traditionally industrial fields. Managing approximately $750 million in assets, Construct Capital primarily invests in Seed and Series A rounds, supporting companies that aim to create long-term economic resilience and innovation in foundational industries[1][2][3][5].

Origin Story

Founded in 2020, Construct Capital was co-founded by Rachel Holt and Dayna Grayson, who brought deep experience in industrial technology investing and venture capital operations. Dayna Grayson, previously a partner at NEA, had a track record of backing transformative industrial tech companies like Desktop Metal and Onshape. Kirby, another key partner, contributed extensive operational and investment experience from his leadership roles at ACME Capital and Bay City Capital. The firm evolved from a focus on industrial sector transformation to a broader mission of reimagining foundational industries with modern software and technology, emphasizing early-stage investments[1][2][3].

Core Differentiators

Unique Investment Model: Thesis-driven focus exclusively on foundational industries, targeting startups that use software and advanced tech to disrupt legacy industrial sectors.
Network Strength: Founders benefit from partners’ deep operational and investing experience in industrial and manufacturing tech, including board-level involvement in public and acquired companies.
Track Record: Successful investments and exits in companies like Desktop Metal (public), Onshape (acquired for $525M), and Framebridge (acquired by Graham Holdings).
Operating Support: Hands-on partnership approach, positioning themselves as a founder’s first call and providing strategic guidance from inception through scaling[1][2][3][5].

Role in the Broader Tech Landscape

Construct Capital rides the wave of industrial digitization and the resurgence of innovation in foundational sectors long neglected by venture capital. The timing is critical as incumbent industrial corporations have become slow to innovate, creating a large opportunity for startups to modernize these sectors with software, AI, and robotics. This transformation supports broader economic resilience and domestic self-reliance, addressing supply chain vulnerabilities and infrastructure challenges. Construct Capital’s investments help catalyze a new era of industrial innovation, influencing the broader ecosystem by proving the viability and growth potential of tech-driven foundational companies[1][3][5].

Quick Take & Future Outlook

Looking ahead, Construct Capital is poised to deepen its impact by continuing to back bold founders who can build enduring companies that reshape foundational industries. Trends such as AI integration, automation, and sustainability in manufacturing and logistics will shape their investment focus. As these sectors evolve, Construct Capital’s influence is likely to grow, potentially driving public market transformations and setting new standards for industrial innovation. Their commitment to foundational industries positions them uniquely to capitalize on and accelerate the next wave of economic modernization[1][3][5].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Thesis-driven focus exclusively on foundational industries, targeting startups that use software and advanced tech to disrupt legacy industrial sectors.
Network Strength: Founders benefit from partners’ deep operational and investing experience in industrial and manufacturing tech, including board-level involvement in public and acquired companies.
Track Record: Successful investments and exits in companies like Desktop Metal (public), Onshape (acquired for $525M), and Framebridge (acquired by Graham Holdings).
Operating Support: Hands-on partnership approach, positioning themselves as a founder’s first call and providing strategic guidance from inception through scaling[1][2][3][5].