
Investments
61Portfolio Exits
2Funds
3About Construct Capital
Construct Capital is an early-stage venture capital firm focused on investing in technology startups that operate in foundational industries such as manufacturing, supply chain, food, and transportation. The firm provides funding and operational support to startups at the Seed or Series A stage, with a focus on companies that are addressing modern customer expectations in these sectors. Construct Capital's investment strategy is centered on identifying and supporting founders who are building solutions in foundational industries. It was founded in 2020 and is based in DC.
Latest Construct Capital News
Jul 31, 2025
BOSTON–( BUSINESS WIRE )– H2Ok Innovations , the only provider of patented inline sensors powered by science and AI to run faster factories, today announced a $12.42M Series A round of funding led by Greycroft . Additional participation in H2Ok's Series A comes from 2048 Ventures and Construct Capital This funding comes as H2Ok Innovations' technology is already being used by major global CPG and hyperscale data center companies to accelerate production and prevent downtime. This capital will support efforts to rapidly scale AI in manufacturing by productizing disruptive technology into an instantly deployable solution, enabling faster Clean-in-Place (CIP) and product changeovers. Founded in 2021 by sister and brother team, Annie and David Lu, H2Ok Innovations helps customers run faster factories by removing slack and detecting errors early through continuous monitoring, AI optimization, and closed-loop control system integration. H2Ok Innovations' technology easily installs into existing piping and instrumentation standards, delivering measurable returns instantly. The company's technology ingests 1 million data points per second, giving customers like Unilever, AB InBev, The Coca-Cola Company, and Danone real-time monitoring that recaptures previously wasted production time, water, energy, and chemicals. Motivated by the fast realization of ROI, AB InBev, the world's largest beer company, is currently scaling H2Ok to all six geographical zones and all global breweries in the coming years. “Post-COVID food and beverage manufacturers are besieged by supply chain constraints, rising costs, evolving safety standards, and shifting consumer demands,” said Annie Lu, CEO of H2Ok Innovations. “Our turnkey solution gives manufacturers production time back to address these macro challenges and still drive innovation. We're excited to bring science-backed proprietary sensors and industry-focused AI that delivers both the sustainability and speed that manufacturers need to thrive in today's environment.” “Instead of reacting to waste, manufacturers use our technology to proactively perfect their processes, which in turn generates less waste,” said David Lu, CTO of H2Ok Innovations. “Our customers leverage our technology to routinely cut CIP and production changeover time by 15 percent and reduce water, energy, and chemical usage between 10 to 20 percent. With H2Ok's game-changing technology, manufacturers build the next generation of sustainable factories that simultaneously save them time and money.” “H2Ok Innovations is a great example of how the 100+ Accelerator helps scale transformative technologies in large global supply chains,” said Maisie Devine, Executive Director, 100+ Accelerator. “Their ability to demonstrate measurable impact quickly and across critical industrial processes has positioned them for success. We're proud to have supported their journey and excited to see their continued growth.” Greycroft's Jim Moffat, former Global CEO of Deloitte Consulting, will also be joining the board of H2Ok and brings his expertise in enterprise strategy and business scaling to support H2Ok's growth. “H2Ok Innovations is focused on transforming industrial operations by applying AI in ways that can drive immediate, measurable results,” said Dana Settle, Co-Founder and Managing Partner at Greycroft. “We're proud to support Annie and David as they scale their vision globally and aim to advance both efficiency and environmental sustainability.” Headquartered at Greentown Labs in Somerville, MA — North America's leading cleantech innovation community, H2Ok is a woman-founded startup backed by top-tier investors such as Greycroft, Construct Capital, 2048 Ventures, and Flybridge Capital. Recognized for its innovation and impact, H2Ok was named Unilever's 2023 Startup of the Year supplier and received AB InBev's 2024 Cheers Award for outstanding startup partnership. About H2Ok Innovations H2Ok Innovations is transforming how food and beverage factories run by using its in-line sensors and turnkey AI solution to unlock lost production time. H2Ok's patented spectral sensors continuously monitor fluid signatures to optimize Clean-In-Place (CIP), product changeovers, and prevent costly errors before they cause downtime. Our AI solution absorbs expert intuition into machine learning models and helps manufacturers instantly run faster, cleaner, and more profitably. Deployed in factories across six continents and trusted by global leaders like AB InBev, The Coca-Cola Company, and Unilever, H2Ok is redefining what it means to unlock your faster factory. Learn more at www.h2okinnovations.com Contacts Media Contact: Jacqueline Wasem: press@h2okinnovations.com (c)2025 Business Wire, Inc., All rights reserved.
Construct Capital Investments
61 Investments
Construct Capital has made 61 investments. Their latest investment was in Vammo as part of their Series B on October 29, 2025.
Construct Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/29/2025 | Series B | Vammo | $45M | No | 2150, Ecosystem Integrity Fund, Endeavor Catalyst, Maniv Mobility, MONASHEES, Qualcomm Ventures, and Undisclosed Angel Investors | 3 |
9/24/2025 | Series A | Amplio Technologies | $11.1M | Yes | 2 | |
8/26/2025 | Seed VC | Nauta | $7M | Yes | Juan Jose Gonzales, Predictive Venture Partners, Simon Borrero, Soriana, Undisclosed Investors, and Waikit Lau | 2 |
7/17/2025 | Series C | |||||
7/17/2025 | Series A |
Date | 10/29/2025 | 9/24/2025 | 8/26/2025 | 7/17/2025 | 7/17/2025 |
|---|---|---|---|---|---|
Round | Series B | Series A | Seed VC | Series C | Series A |
Company | Vammo | Amplio Technologies | Nauta | ||
Amount | $45M | $11.1M | $7M | ||
New? | No | Yes | Yes | ||
Co-Investors | 2150, Ecosystem Integrity Fund, Endeavor Catalyst, Maniv Mobility, MONASHEES, Qualcomm Ventures, and Undisclosed Angel Investors | Juan Jose Gonzales, Predictive Venture Partners, Simon Borrero, Soriana, Undisclosed Investors, and Waikit Lau | |||
Sources | 3 | 2 | 2 |
Construct Capital Portfolio Exits
2 Portfolio Exits
Construct Capital has 2 portfolio exits. Their latest portfolio exit was The Rounds on May 30, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/30/2025 | Acquired | 8 | |||
Date | 5/30/2025 | |
|---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 8 |
Construct Capital Fund History
3 Fund Histories
Construct Capital has 3 funds, including Construct Capital III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/31/2025 | Construct Capital III | $300M | 1 | ||
4/22/2022 | Construct Capital II | ||||
2/8/2021 | Construct Capital I |
Closing Date | 3/31/2025 | 4/22/2022 | 2/8/2021 |
|---|---|---|---|
Fund | Construct Capital III | Construct Capital II | Construct Capital I |
Fund Type | |||
Status | |||
Amount | $300M | ||
Sources | 1 |
Construct Capital Team
3 Team Members
Construct Capital has 3 team members, including current Founder, General Partner, Rachel Holt.
Name | Work History | Title | Status |
|---|---|---|---|
Rachel Holt | Founder, General Partner | Current | |
Name | Rachel Holt | ||
|---|---|---|---|
Work History | |||
Title | Founder, General Partner | ||
Status | Current |
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