Fundraising Fox

Construct Capital

Venture capitalActively deploying

Washington · Pre-Seed–Series A · 10 people tracked

Also known as CONSTRUCT CAPITAL MANAGEMENT, LLC · Construct Capital Operators

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Investment thesis

Construct Capital invests at the early stage in founders rebuilding the foundational industries that underpin the economy — sectors like manufacturing, logistics, defense, and energy that have historically lacked disruptive technology. The firm believes these overlooked backbone industries represent a once-in-a-generation opportunity as top technical founders turn their attention to them. Emphasizing a partnership-driven approach, Construct brings the combined investing and operating experience of its team to support portfolio companies, aiming to be a founder's first call and to work closely alongside them.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
Check
$2M – $6M
HQ
Washington, District of Columbia, US
Leads rounds
Leads
Instruments
Equity
Founded
2020
AUM
$750M
VC funds
8
Tracked investments
61

Team · 10 people

from public directories
Caroline Duffy· Investorin𝕏
Leland Chamlin· Investorin
Shruti Rao· Investorin

What they invest in

from 23 of 61 portfolio companies

AI & Machine Learning ×12SaaS ×10Advanced Manufacturing ×9Enterprise Software ×7Cleantech ×3Energy ×3Hardware ×3Logistics & Supply Chain ×3

HQs:United States×19

Investments · 61 tracked

founders shown can be your intro path
Monairemonaire.aiin✓ verified

Monaire develops AI-powered systems to redefine commercial HVAC and refrigeration, delivering improved comfort, efficiency, and sustainability.

AI & Machine LearningCleantechEnergyEnterprise SoftwarePropTechWaltham, US

Rahul Subramany(Founder & CEO)Kedar(VP of Engineering, CISO)Nishant Kanapilly(Executive Officer, Director)

Buffalo Market, Inc.SEC filingmedium confidence

Los Angeles, US

Board seatDayna Grayson· per SEC Form D · $20.9M raise · filed Jul 2023

Copia Automation, Inc.SEC filingmedium confidence

New York, US

Dayna Grayson(Director)Tyler Rowe(Director)Adam B. T. Gluck(Executive Officer, Director)Bilal Zuberi(Director)Guy Filippelli(Director)

Board seatDayna Grayson· per SEC Form D · $2.2M raise · filed Jun 2026

H2OKh2okinnovations.cominSEC filingmedium confidence

Laminar provides spectral sensors and agentic AI software to optimize production lines in food and beverage manufacturing facilities.

Advanced ManufacturingAI & Machine LearningIoT

Annie Lu(Executive Officer, Director, Promoter)Jim Moffatt(Director)David Lu(Executive Officer, Director, Promoter)

Board seatDayna Grayson· per SEC Form D · $12.4M raise · filed May 2025

Hadrian AutomationSEC filingmedium confidence

Advanced ManufacturingAI & Machine LearningDefense TechTorrance, US

Christopher Power(Executive Officer, Director, Promoter)Katherine Boyle(Director)

BoardDelian Asparouhov(Director)Brandon Reeves(Director)

Board seatDayna Grayson· per SEC Form D · $151.3M raise · filed Dec 2025

US Chemical TechnologiesSEC filingmedium confidence

Washington, US

Daniel DePaoli(Executive Officer, Director)David Glickman(Executive Officer, Director)Ivo Ivanov(Executive Officer)Alan Freedman(Director)Jonathan Crandall(Executive Officer, Director)Andrew Kreitz(Director)

Board seatDayna Grayson· per SEC Form D · $30M raise · filed Jan 2026

Verve, Inc.SEC filingmedium confidence

Cambridge, US

Board seatDayna Grayson· per SEC Form D · $16.4M raise · filed May 2026

→ Arkestroarkestro.comin

Arkestro provides intelligent procurement software that automates supplier quote collection and comparison for enterprise procurement teams.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Edmund LeikenBen Leiken(CTO)Rob Desantis(Co-founder)Cindy Padnos(Director)Edmund Adam Zagorin(Executive Officer, Director)Martin Meyer(Executive Officer)

Advexadvex.ai
Aetherfluxaetherflux.com

Space-based solar power generation via satellite constellation

Amcaamca.com

AMCA operates a software-enabled contract manufacturing facility that combines traditional and additive manufacturing with AI-powered simulation tools for product design and engineering feedback.

Advanced ManufacturingAI & Machine LearningDefense TechHardware

American Manufacturing Company of America

Renewing excellence in aerospace and defense manufacturing.

Amplioamplio.com

Amplio builds infrastructure to help manufacturers unlock value from surplus inventory and manage circular manufacturing.

Advanced ManufacturingAI & Machine LearningCircular EconomyEnterprise SoftwareLogistics & Supply ChainAtlanta, US

Taha Zinifi(Co-Founder and Chief Product Officer)inTrey Closson(Co-Founder and CEO)in

AtomicVest
BackOpsbackops.aiin
Chef Roboticschefrobotics.aiin𝕏

Chef Robotics builds robots and an AI operating system (ChefOS) for food preparation and meal assembly, addressing labor shortages in food manufacturing.

AI & Machine LearningFoodTechRobotics

Rajat Bhageria(Founder & CEO)

Conor Walshharvard.eduin
Copiacopia.ioin𝕏

Copia provides Git-based version control and disaster recovery software for industrial automation and manufacturing.

Advanced ManufacturingDeveloper ToolsEnterprise Software

Cowboy Space Corporationcowboyspace.com

Cowboy Space builds a satellite constellation system that provides power and compute infrastructure in low Earth orbit to serve artificial intelligence applications.

AI & Machine LearningEnergySpace TechSan Carlos, US

Baiju Bhatt(Executive Officer, Director)Daniel Gallagher(Director)

DBOSdbos.devin𝕏
Desktop Metaldesktopmetal.comin

Desktop Metal develops additive manufacturing (3D printing) platforms and materials for production-volume manufacturing, targeting engineers, designers, manufacturers, and medical professionals.

Advanced ManufacturingDeep TechHardwareBurlington, US

Ric Fulop(Executive Officer, Director)Dayna Grayson(Director)

Diderodidero.ai
Endurance Energyenduranceenergy.comin

Endurance Energy develops subsea geothermal technology to generate renewable electricity from volcanic activity on the seafloor, providing reliable 24/7 power with minimal environmental footprint for islands, industrial sites, and data centers.

CleantechDeep TechEnergy

Finkargo
Fintech // Invested at Seedcapchase.comin𝕏

Cambridge, US

MATT BURTON(Director)PRZEMYSLAW GOTFRYD(Executive Officer, Director)IGNACIO MORENO(Executive Officer)LUIS BASAGOITI(Executive Officer)MIGUEL FERNANDEZ(Executive Officer, Director)

Foliofoliotravel.comin

Folio creates digital guidebooks for vacation rental hosts to share with guests before arrival.

SaaSTravel & HospitalityNew York City, US

Foliofolio.coin
Framebridgeframebridge.com

Washington, US

William E. Savage(Director)Fred Schaufeld(Director)Dayna Grayson(Director)Kristyn Reed-Salow(Executive Officer)Susan R Tynan(Executive Officer, Director, Promoter)Timothy O'Shaughnessy(Director)

GRAILPAYgrailpay.comin𝕏

GrailPay provides real-time authentication and risk intelligence for bank payments, account validation, and instant settlement in B2B commerce.

Data & InfrastructureFintechSaaS

Hadrianhadrian.co
Impilo

Bringing logistics and data management to remote patient monitoring in health care.

Impilo Healthimpilo.healthin
Impulselabsimpulselabs.com𝕏
Kibukibu.comin𝕏

Kibu provides software and educational content for disability service providers supporting people with intellectual and developmental disabilities.

Enterprise SoftwareHealthtechSaaS

Daniel Caridi(Co-Founder & CEO)

Kibukibuhq.comin𝕏

Kibu provides a compliance and documentation platform for disability service providers serving individuals with intellectual and developmental disabilities.

HealthtechSaaS

Daniel Caridi(Co-Founder & CEO)

Kinetickinetic.autoin𝕏

Kinetic builds hardware, robotics, and AI systems for automotive repair, helping service providers diagnose and repair modern vehicles with precision and speed.

AI & Machine LearningHardwareRobotics

Laminarrunlaminar.comin

Laminar develops spectral sensors and agentic AI software to optimize production line operations for food and beverage manufacturers.

Advanced ManufacturingAI & Machine LearningCleantechIoTAllston, US

Mandrelmandrel.tech
mounting problemglobaltrademag.com
Nautagetnauta.comin
Onshapeonshape.comin𝕏

Onshape is a cloud-native CAD and product data management (PDM) system that runs on any device without requiring local installation.

Advanced ManufacturingCloud ComputingSaaSCambridge, US

Axel Bichara(Director)John McEleney(Executive Officer, Director)Daniel Shore(Executive Officer)David Corcoran(Executive Officer)Jon Hirschtick(Executive Officer, Director)Rich D'Amore(Director)

Outgooutgo.coin𝕏
Owleryowlery.aiin
Podiumpodium.comin𝕏

Podium provides an AI-powered customer engagement platform that automates appointment booking and lead conversion for local businesses across multiple industries, enabling 24/7 customer response and higher conversion rates.

AI & Machine LearningEnterprise SoftwareFintechSaaSLehi, US

Eric Rea(Founder/CEO)inDennis Steele(Founder)in

Podium Automationpodiumautomation.comin

Podium manufactures industrial products with a focus on operational efficiency and transparency.

Advanced ManufacturingSaaSBrooklyn, US

Readyonreadyon.aiin

ReadyOn develops a system for optimizing labor deployment in frontline enterprises by continuously matching labor supply to operational demand using AI.

AI & Machine LearningEnterprise SoftwareHR TechSaaS

Shadeshade.incin
Teeroteero.comin
Telegraphtelegraph.ioin

Telegraph provides a digital platform for freight rail logistics that simplifies booking and access to rail transportation for businesses.

Climate TechLogistics & Supply ChainSaaS

The Roundstherounds.co
Timber Eyetimbereye.com
Trustkibutrustkibu.comin
Vammovammo.comin
Vehoshipveho.comin𝕏

Veho operates an end-to-end logistics platform for e-commerce, providing fast and reliable shipping services through a network of warehouses and crowdsourced driver partners.

E-commerceLogistics & Supply ChainBoulder, US

Itamar Zur(Chief Executive Officer, and Co-founder)inFred Cook(Chief Technology Officer, and Co-founder)in

Verve Motionvervemotion.comin
Wayway.trade

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Construct Capital invest at?
Construct Capital invests at the Pre-Seed, Seed, Series A stages.
What is Construct Capital's typical check size?
Construct Capital typically writes checks of $2M – $6M.
What sectors does Construct Capital focus on?
Construct Capital focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Defense Tech, Energy, Hardware, Logistics & Supply Chain, Robotics, Semiconductors, Space Tech.
Where is Construct Capital located?
Construct Capital is headquartered in Washington, US.
Does Construct Capital lead rounds?
Yes, Construct Capital leads investment rounds.

Media · Podcasts & interviews

featuring the team

#0132 - Rachel Holt of Construct Capital Talks About Investing in the Future of Transportation

Established · Rachel Holt

Rachel Holt (Construct Capital) + Kevin Bennett (GoCaribou) | TechCrunch

Rachel Holt · techcrunch.com

Jon Hrschtick, Onshape and Dayna Grayson, Construct Capital | Innovation For Good

SiliconANGLE theCUBE · Dayna Grayson

Images

Construct Capital photo

Co-investors · 63

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
Lux Capital

Lux Capital's portfolio page showcasing select companies across science and technology sectors including AI infrastructure, aerospace, biotech, and productivity software.

$100K – $100M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 3
$220K
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

$200K – $40M
2048 Ventures

2048 Ventures is a thesis-driven early-stage venture capital firm based in New York and Boston that backs founders building future technologies.

Both backed · 2
LaminarImpilo Health
$500K – $3M
Pillar VC

Pillar VC is an early-stage venture capital firm that partners with technical founders at inception to build companies from breakthrough technology.

Both backed · 2
Desktop MetalVerve Motion
$50K – $4M
Cubit Capital

Cubit Capital is an investment firm that partners with founders building solutions to foundational problems, emphasizing steady guidance, proximity, and transparent partnership.

$500K – $3M
Haystack

Haystack is an early-stage venture capital firm that has focused for over a decade on the earliest stages of software and technology startup formation, working alongside a network of founders, limited partners, and operators.

$1M – $3M
Alumni Ventures

Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.

Both backed · 1
$100K – $10M
Redpoint Ventures

Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.

Both backed · 1
The Rounds
$100K – $10M
Founder Collective

Founder Collective is an early-stage venture capital firm focused on seed and pre-seed investments across all sectors.

Both backed · 1
51 more co-investors

Tiger Global ManagementGreycroftSignalFireFlybridge Capital PartnersQED InvestorsRevolutionNotation CapitalTet VenturesThird SphereSafar PartnersBeat VenturesCraft VenturesBessemer Venture PartnersFirst Round CapitalUberFoundation CapitalBoxGroupEverywhere VenturesCoatue ManagementKrakenNorwest Venture PartnersCRV (Charles River Ventures)Plug and Play VenturesForerunner VenturesPrecursor VenturesCaffeinated CapitalCanvas VenturesAfore CapitalInovia CapitalBase10 PartnersPear VCTwo Sigma VenturesInspired CapitalWork-BenchHighland Capital PartnersCisco InvestmentsTeam8TenOneTen VenturesVertex Ventures Southeast Asia & IndiaXfundRoot Ventures Manager, LlcPropel Venture PartnersBread And Butter Ventures, LlcNazca10x GenomicsBoston Seed CapitalHighline BetaHitachi, Ltd.Darco CapitalRucker Park CapitalClimentum Capital

Firms observed investing alongside Construct Capital, from public investor directories. Shared companies are the overlap with Construct Capital's recorded portfolio.

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