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

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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.

While many emerging managers are struggling to raise fresh funds, Construct’s capital haul underscores institutional investors’ interest in backing VCs focused on the…



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


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.

While many emerging managers are struggling to raise fresh funds, Construct’s capital haul underscores institutional investors’ interest in backing VCs focused on the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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