Construct Venture

Construct Venture is a corporate venture investor specializing in early-stage investments in construction technology (ConTech) and property technology (PropTech). Founded in 2018 by AF Gruppen and OBOS, the firm aims to transform the built environment through technological advancements. By collaborating with entrepreneurs and other investors, Construct Venture seeks to develop and scale portfolio companies into global leaders in their respective fields. The firm takes an active role in scaling its portfolio companies, offering expertise and involvement to add value and striving to be the preferred investor in the industry. Construct Venture's sector-specific focus sets it apart from traditional venture investors, as it possesses deep industry knowledge, understanding of industry-specific terminology, and project know-how. This unique internal expertise is a valuable asset when assessing and evaluating new startups and in assisting portfolio companies in establishing themselves within the industry. The firm's investment focus is on the AEC (architecture, engineering, and construction) sector, one of the largest global industries with significant opportunities for innovation. Construct Venture aims to contribute to disruption and radical change by investing in the most innovative and promising companies with technologies and solutions for the future. The firm primarily targets companies in the ConTech and PropTech space, emphasizing early-stage companies in the commercialization phase with a product or service in the final stage of testing and a defined customer base. While the firm is not geographically limited, it emphasizes Nordic companies and may also consider unique startups in other regions that see potential in collaborations with Nordic actors. Construct Venture can be the lead investor but is also open to following other investors. As an active investor, the firm typically seeks a board seat or observer role to contribute as much as possible to the startup's success. The firm does not require exclusivity or special treatment. Construct Venture's preferred process is fast and agile, aligning with the speed of startups. A typical investment process follows specific steps, and the firm is looking for companies with innovative technologies and solutions driven by exceptional teams. The firm is backed by dedicated limited partners with unique insights into the AEC sector, including OBOS, the largest housing developer in Norway and one of the largest in Scandinavia, and AF Gruppen, a leading contracting and industrial group with 5,500 employees and a revenue of 27,868 NOK million. These partners provide unparalleled capacity to evaluate technologies and support portfolio companies. Construct Venture's mission is to invest in disruptive and ambitious ConTech and PropTech startups aiming to change the industry, providing smart capital and industry expertise for global growth. The firm's goal is to be the preferred partner for early-stage tech startups in ConTech and PropTech, leveraging its network and industry expertise to help entrepreneurs create great companies. Construct Venture's team comprises professionals with extensive experience in finance, investments, business development, and various industries, including consulting, real estate, and early-phase investment. The team is committed to supporting strong, committed teams with complementary skills, drive, and capability to achieve their goals of becoming leading global companies. The firm's investment areas include real estate, financial services, construction, investment, venture capital, private equity, startups, expertise, financial contracts, investing, finance, insurance, escrow, and listing services. Construct Venture's typical investment size ranges from €100,000 to €1.5 million, and the firm invests at various funding stages, including pre-seed, seed, series A/B, and series C & beyond. The firm's geographical focus includes Norway, Sweden, Denmark, Finland, Iceland, the United States, Canada, Germany, the United Kingdom, the Netherlands, France, Spain, Italy, Poland, Russia, China, Japan, India, Australia, and Brazil. The industries the firm focuses on include construction technology, property technology, real estate, financial services, construction, investment, startups, expertise, financial contracts, investing, finance, insurance, escrow, and listing services. Construct Venture's investment requirements include companies with innovative technologies and solutions driven by exceptional teams, with a preference for Nordic companies and a focus on early-stage companies in the commercialization phase. The firm seeks companies with a scalable business model and the potential for value addition through its network and domain knowledge. The firm also considers the potential for an attractive exit as part of its evaluation process. Construct Venture's portfolio companies include various startups in the ConTech and PropTech sectors, with specific