Construct Capital

San Francisco, United States · VC · DeepTech Specialist

About

Construct Capital is a San Francisco early-stage firm founded in 2020 by Dayna Grayson, formerly of NEA, and Rachel Holt, formerly of Uber. Fund III closed at $300M in 2024, taking total capital to around $750M across three funds. The thesis backs tech-first transformation of foundational industries: manufacturing, logistics, defence, energy, aerospace, mobility and semiconductors. Industrial-relevant holdings include Hadrian in space and defence manufacturing, Veho in parcel logistics, Verve Motion in industrial wearables and Sphere Semi in analog chip design.

Industries

Stage focus

SeedSeries A

Geography

US

Raising from Construct Capital?

I've worked with founders across the industrial stack. If Construct Capital is on your list, I can help you map the introduction path, sharpen the narrative, and run a tight process.

Talk to Dan