Constructor Capital closes €92.8M debut fund for deep tech and edtech
What’s the deal? Swiss venture capital firm Constructor CapitalDealroom has a profile for this one. Try Dealroom → has closed its debut fund at €92.8 million ($110 million) to back early-stage startups in deep tech, software and education technology. The fund aims to invest mainly at seed and Series A stages in companies emerging from research environments and developing scalable technology.
Constructor Capital is part of the Constructor GroupDealroom has a profile for this one. Try Dealroom →, founded by tech entrepreneur and investor Serg BellDealroom has a profile for this one. Try Dealroom →, who has built and led multiple global technology companies and venture funds. Bell’s involvement gives the fund direct ties to a broad ecosystem of science, research and commercial ventures.
Why now? Many science-based startups struggle to bridge the gap between academic research and commercial scale, with rising development costs and long development timelines making early funding harder to secure. Constructor Capital is positioning itself to fill that gap by backing technically ambitious teams earlier in their lifecycle, particularly in Europe and selective global markets.
Deep tech and education technology have seen renewed interest from investors who believe foundational innovation can unlock new industry segments, even as generalist venture capital slows. The fund’s close reflects this continued focus on research-driven commercialisation.
What could go wrong? Investing in science-first startups often comes with long development timelines and high technical risk. Returns may take longer to materialise, and not all research-driven companies succeed in turning breakthroughs into viable products. Constructor Capital will need strong selection and hands-on support to manage that risk.
At the same time, deep tech remains capital intensive and competitive, with other specialised funds and corporate innovation arms vying to back similar science-led teams.
The signal: The fund’s close underlines sustained investor interest in deep tech and edtech despite a tougher venture market. Backers are continuing to place bets on startups that promise real technological advances grounded in research rather than incremental software improvements. If Constructor Capital’s model succeeds, it may help narrow the funding gap for science-based founders and push more research out of labs and into the market.
Sources:
EU Stratups
PIC Magazine
Startbase
Startup Rise
Founders Today
J.V.
