Construct Capital

Dayna Grayson spoke at the annual All Raise Summit recently as a voice for the next era of venture capital. As a founding member of All Raise, she welcomed trailblazing keynote speakers (Gwyneth Paltrow and Jill Biden) and reminded us all why this community exists: to build a stronger venture ecosystem. Later, in a breakout session with Shahin Farshchi of Lux Capital, Dayna led a conversation on how sector focus and deep conviction shape firm strategy, culture, and investment outcomes. She shared how Construct was born out of a belief that Foundational Industries deserve specialized attention. These sectors (manufacturing, logistics, and supply chain) represent half of GDP, yet have long been overlooked by generalist VCs. This deep focus allows us to partner with founders to drive not just returns, but wide-scale disruption and transformation. Grateful to All Raise for creating space for these conversations, and to the many women leading the charge. You can learn more about All Raise here: https://www.allraise.org/

Big congrats to Chef Robotics and founder Rajat Bhageria on being named one of The Information’s 50 Most Promising Startups of 2025! Their systems have already packaged over 72 million servings—more than any other food robotics company, by a factor of 10. We’re proud to be early partners to a company transforming Foundational Industries.

Thanks to Black Flag for the shout out as one of their most recommended investors. Inclusion on this founder-curated list validates our belief in deeptech's ability to unlock new capabilities in Foundational Industries — spaces that have long been overlooked but are essential to economic resilience and growth. Whether it’s automation in industrial infrastructure (Hadrian), robotics in repair (Kinetic), or AI powering logistics orchestration (Telegraph), we’ve seen how deep technologies can create real-world impact when paired with bold founders. Check out the full list here: https://lnkd.in/gekHbx7R

Big congratulations to the team at Prospect on their recent product launch — proud to support innovations like this through our work at Construct. Exciting times ahead! 

We’re thrilled to share that Vammo has raised a $45M Series B, led by Ecosystem Integrity Fund and joined by Construct, Monashees, 2150, Maniv, Qualcomm Ventures, and Endeavor Catalyst. We led the Seed at Vammo in 2022 when it was just an idea: that electrifying Latin America’s motorcycle fleet could transform not only emissions but livelihoods. From day one, we’ve been consistently impressed by Jack, Billy, and the entire Vammo team’s execution and vision. Today, that vision powers 5,000+ electric motorcycles and 150 battery-swapping stations across São Paulo, delivering cleaner, more affordable mobility to the backbone of the urban economy: motoboys. As the clear leader in electric two-wheel mobility across LATAM, and with partners like Uber, 99, Rappi, and iFood, Vammo has grown 10× YoY while still maintaining a waitlist. This is the kind of systems-level innovation we mean when we talk about Foundational Industries — where software, hardware, and innovation come together to reshape economic infrastructure. This new capital will enable Vammo to scale and continue building the backbone of clean, foundational infrastructure across Latin America and beyond. Congrats, and we’re honored to continue our partnership with the Vammo team. https://lnkd.in/e-Z2k5Bn

Thanks for the shoutout, Deep Checks! From dexterous robots to reusable satellites to fusion reactors, I’ve met dozens of excellent founders rebuilding the foundational industries of our economy that Construct Capital is focused on via Deep Checks. Grateful for all the work that Julian Shapiro, John Forbes, and Jacob Jackson have invested to build this community.

A few weeks ago, Rachel Holt spoke at Ford Pro ACCELERATE at Michigan Central, a one-day session filled with CEOs and top industry experts dedicated to bolstering the Essential Economy — the 3 million+ businesses and critical industries that keep America running. Rachel’s comments (video below) mirrored those of Jim Farley, who opened the session by saying, “What happened to the Essential Economy? We outsourced a lot of skills and jobs. We stopped investing in the trades. If Henry Ford saw what has become of us, I think he’d be kind of mad.” Rachel’s panel on innovation focused on partnership: “The best thing bigger companies can do to help innovate in these sectors is to be willing to partner with startups,” she said. Solving the challenges in these spaces will require an ecosystem of collaboration and testing of new solutions. We founded Construct before the pandemic in 2020 because we believe the only way to fill the productivity gap in these sectors is to help partner with the best founders flooding into these spaces with the technical expertise to innovate and drive outcomes. Thank you to Ford Pro for having us! You can read the full recap of the first national conversation on the Essential Economy here: https://lnkd.in/eDGF5fUe