The fund targets deeptech, edtech and software.
Constructor Capital, the VC arm of nonprofit Swiss research and education provider Constructor Group, has closed its inaugural fund at $110m.
It will back startups based on academic research in software, deeptech and edtech, leading or co-leading seed-to-series A rounds with tickets between $1m and $10m, the unit said on LinkedIn this week.
The unit’s investment areas include quantum, photonics, energy efficient compute and AI-driven autonomy.
Constructor Group will source investments from its network of more than 50 universities including MIT, Harvard, Oxford and Cambridge.
It also has access to Constructor Group educational facilities such as Constructor University – the largest private university in Germany – as well as its research platform Constructor Tech, and equity-free accelerator Constructor Start.
Last month, it took part in the $11m series A round for Vitrealab, an Austria-based developer of quantum light chips for augmented reality displays. Other startups in the portfolio include quantum computing technology developer QuEra Computing, enterprise accounting platform provider Osome, edge and cloud computing platform provider Gcore and 3D optical computing architecture developer Lumai.
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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