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Construct Capital Raises $300 Million Fund for Defense and Manufacturing Tech
Construct Capital, a venture capital firm focused on investing in startups applying technology to sectors such as manufacturing, transportation, and defense, has successfully closed its third fund with an impressive $300 million in capital commitments. This significant raise follows the company’s previous funds of $225 million and $75 million raised in 2022.
The Washington D.C.-based Construct Capital has managed to secure this substantial investment amidst a challenging fundraising environment for many emerging managers. This notable achievement underscores institutional investors’ growing interest in supporting VCs focused on the rapidly evolving field of defense tech amid escalating geopolitical tensions, as well as the Trump administration’s efforts to boost domestic manufacturing.
Founded by former NEA partner Dayna Grayson and Uber executive Rachel Holt in 2020, Construct Capital has already demonstrated its ability to identify promising startups. The company has invested in innovative companies like Hadrian, which leverages software to manufacture parts for the defense and aerospace industries, and Veho, a business specializing in last-mile e-commerce delivery from distribution centers to customers.
As Construct Capital continues to grow its portfolio, it is essential to recognize the significant role this fund will play in supporting emerging technologies with the potential to transform the defense and manufacturing sectors.
Source: https://techcrunch.com/2025/03/31/construct-capital-raises-300m-fund-for-defense-and-manufacturing-tech/
