Construct Capital Closes $300 Million Fund III Focused On Technology-Driven Startups

Construct Capital, an early-stage venture capital firm focused on technology-driven startups in sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments. Founded in 2020 by former NEA partner Dayna Grayson and Rachel Holt, a former Uber executive, the firm previously raised a $225 million second fund and a $75 million pool for later-stage investments in 2022. Construct’s latest fund highlights growing institutional interest in defense tech and domestic manufacturing, especially amid rising geopolitical tensions and government efforts to boost domestic production. The firm has invested in startups like Hadrian, which manufactures parts for defense and aerospace industries, and Veho, which specializes in last-mile e-commerce delivery.

FUND NAME: Construct Capital Fund III

AMOUNT: $300,000,000

HQ: #Washington #DistrictofColumbia

#VentureCapital #ConstructCapital #ConstructCapitalFundIII #DaynaGrayson #RachelHolt #TradedVC