Constructor Capital closes $110M Fund I for science-first founders

Constructor Capital has successfully closed its first fund at $110 million, signalling a significant boost for science-first startups across deeptech, software, and edtech sectors. This initiative is particularly noteworthy as it aims to bridge the gap between cutting-edge academic research and commercial market viability, a critical area for fostering European innovation and digital sovereignty. The fund's science-focused approach, leveraging extensive university networks, underscores a commitment to supporting complex technological advancements that might otherwise be overlooked by traditional investment models. The fund distinguishes itself through its rigorous due diligence and company support, underpinned by a global ecosystem that includes Constructor University and research laboratories. This integrated structure allows for direct incorporation of scientific expertise into investment decisions, assisting companies in navigating the transition from laboratory breakthroughs to market-ready solutions. Constructor Capital is poised to lead and co-lead seed and Series A investments, with typical allocations ranging from $1 million to $10 million, and reserved capital for subsequent funding rounds. This new venture capital fund directly impacts startups at the intersection of advanced computing, AI, and novel hardware, such as QuEra Computing with its neutral-atom quantum computers and Lumai with its optical processing for AI inference. By supporting these pioneering technologies, Constructor Capital contributes to building a robust European tech landscape, offering alternatives to established global players and enhancing the continent's capacity for groundbreaking digital innovation. The fund's global investment reach, however, also highlights the competitive international environment for deeptech investment.