Recent Funding
Investors
Construct Capital

Construct Capital portfolio

Construct Capital has 16 portfolio companies on record at Recent Funding, with 7 investments in the last 12 months.

Website: constructcap.com.

Type: Venture capital.

Portfolio on Recent Funding: 16.

Deals, last 12 months: 7.

Rounds led: 1 of 14.

Capital in their rounds: $2.29B.

Latest deal: Dulo · Oct 29, 2026.

About this page

It is a venture capital firm based in Washington, US, founded in 2020. It led 1 of the 14 rounds it joined. Its most recent investment on record is Dulo's $130M Seed round in October 2026, alongside Eric Schmidt, DST Global, Lowercarbon Capital and 1 other. By category, its portfolio leans toward Robotics and hardware (7) and Manufacturing and industrial (6). It has co-invested with Founders Fund, MaC Venture Capital and Promus Ventures, most often Founders Fund (4 rounds).

About Construct Capital

Firm type: Venture capital.

Headquarters: Washington, US.

Founded: 2020.

Stages: Pre-Seed, Seed, Series A.

Sectors: Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Deep Tech, Defense Tech, Energy, Fintech, Hardware, Healthtech, Logistics & Supply Chain, Mobility & Transportation, Robotics, SaaS, Semiconductors, Space Tech.

Check size: $2M to $6M.

Leads rounds: Yes.

Portfolio companies: 59.

Exits: 2.

Rounds led: 10.

Funds raised

Fund	Fund #	Size	Announced
CConstruct Capital	III	$300M	Mar 31, 2025 TechCrunch
CConstruct Capital Washington D.C.	Ifirst fund	$140Mvia Shai Goldman's fund list	Feb 8, 2021

What Construct Capital invests in

Construct Capital recent investments

Company	Round	Date	Alongside
DDulo	Seed · $130M	Oct 29, 2026	Eric Schmidt, DST Global, Lowercarbon Capital +1
AAtomic Machines	round · $250M	Oct 7, 2026	One Investment Management, Sozo Ventures, XTX Markets +5
TTorch Systems	round · $11.5M	Oct 6, 2026	Starship Ventures, Khosla Ventures, Abstract Ventures
HHadrian	Series B+ · $1.37B	Aug 6, 2026	Washington Harbour Partners (lead), Lux Capital, Founders Fund +6
EEndurance Energy	Series A · $54M	Jun 11, 2026	Riot Ventures, Founders Fund (lead), First Round Capital +4
CCowboy Space	Series B+ · $275M	May 11, 2026	NEA, IVP, Breakthrough Energy Ventures +2
SSwarm Aero	Series A · $35M	Apr 1, 2026	Khosla Ventures, Coatue, MaC Venture Capital +6
VVammo	Series B+ · $45M	Oct 30, 2025	Qualcomm Ventures, MONASHEES, 2150 +4

How Construct Capital invests

Stage	Deals	Capital in rounds
Seed	5 36%	$165.45M
Series A	4 29%	$168.1M
Series B+	3 21%	$1.69B
round	2 14%	$261.5M

Year	Deals	Capital in rounds
2021	1 7%	$7.7M
2022	1 7%	$36M
2024	2 14%	$21.75M
2025	3 21%	$94.1M
2026	7 50%	$2.13B

Construct Capital portfolio companies

DDulo$130MSeed · Oct 2026
AAtomic Machines$250Mround · Oct 2026
TTorch Systems$11.5Mround · Oct 2026
HHadrian$1.37BSeries B+ · Aug 2026
EEndurance Energy$54MSeries A · Jun 2026
CCowboy Space$275MSeries B+ · May 2026
SSwarm Aero$35MSeries A · Apr 2026
VVammo$45MSeries B+ · Oct 2025
BBackOps AI$6MSeed · Jun 2025
CChef Robotics$43.1MSeries A · Apr 2025
DDidero$7MSeed · Jul 2024
IImpulse Labsbacker
NNexxa.AIbacker
AAmpliobacker
TTelegraphbacker
AAmcabacker

Company	Round with Construct Capital	Total raised	Latest raise
DDulo Foundation models and research	Oct 29, 2026 Seed · $130M	$130M	Oct 29, 2026 Seed
AAtomic Machines AI infrastructure and compute	Oct 7, 2026 round · $250M	$250M	Oct 7, 2026 round
TTorch Systems Robotics and hardware	Oct 6, 2026 round · $11.5M	$11.5M	Oct 6, 2026 round
HHadrian Robotics and hardware	Aug 6, 2026 Series B+ · $1.37B	$1.67B	Aug 6, 2026 Series B+
EEndurance Energy Climate and energy	Jun 11, 2026 Series A · $54M	$79M	Jun 11, 2026 Series A
CCowboy Space AI infrastructure and compute	May 11, 2026 Series B+ · $275M	$325M	May 11, 2026 Series B+
SSwarm Aero Defense and security	Apr 1, 2026 Series A · $35M	$45M	Aug 10, 2026 round
VVammo Climate and energy	Oct 30, 2025 Series B+ · $45M	$45M	Oct 30, 2025 Series B+
BBackOps AI Commerce and retail	Jun 23, 2025 Seed · $6M · lead	$32M	Sep 16, 2026 Series B+
CChef Robotics Robotics and hardware	Apr 1, 2025 Series A · $43.1M	$65.55M	Apr 1, 2025 Series A
DDidero AI agents	Jul 24, 2024 Seed · $7M	$37M	Feb 12, 2026 Series A
IImpulse Labs Climate and energy	backer · source	undisclosed	—
NNexxa.AI Manufacturing and industrial	backer	$9M	Jan 21, 2026 Seed
AAmplio AI infrastructure and compute	backer	$17.1M	Sep 24, 2025 Series A
TTelegraph Logistics and mobility	backer	$6M	Oct 22, 2025 Seed
AAmca Robotics and hardware	backer	undisclosed	—

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Robotics and hardware).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Venture funds Construct Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

Share is of the 14 rounds on Recent Funding that name Construct Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Construct Capital, which is a subset of its real portfolio. API: /api/v1/investors/construct-capital (get a free API key). More: the most active VC firms and new venture capital funds.