Construct Venture is an Oslo-based corporate venture capital firm and a joint venture between AF Gruppen and OBOS. It invests in early-stage ConstructionTech and PropTech startups across the Nordics, providing smart capital, industry expertise, and access to pilot projects.
Deal activity increased 75% year-over-year (7 deals in the last 12 months). Their most common stage is series-a (48% of deals). Average disclosed round size is $61.1M (across 64 rounds with reported amounts).
Portfolio
49
Fund Size
—
Top Stage
Series A
Last 12 Mo
7
Team
JF
Jan Fossgård
Managing Director
SM
Sjur Magnus Ringøen
Investment Professional
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
73 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 BackOps AI | Series B | $42M | Sep 2026 |
 Hadrian | Series C | $260M | Aug 2026 |
 Hadrian | Series B | $117M | Aug 2026 |
 GRAILPAY | Series A | $10.5M | Jun 2026 |
 Copia | Seed | $2.2M | Jun 2026 |
 Podium Automation | Series A | $18M | Jun 2026 |
| AAdvanced Manufacturing Company of America | Series B | $300M | May 2026 |
| Hadrian | Growth | $180M | Jan 2026 |
 Endurance Energy | Series A | $54M | Jan 2026 |
 Copia Automation | Seed | $2.2M | Jan 2026 |
 Aetherflux | Series B | $275M | Jan 2026 |
 H2Ok Innovations | Series A | $12.4M | Jul 2025 |
 Chef Robotics | Series A | $43.1M | Mar 2025 |
 BenchFlow | Seed | $1M | Jan 2025 |
| H2Ok Innovations | Series A | $12.4M | Jan 2025 |
| Chef Robotics | Series A | $20.6M | Jan 2025 |
 Advex AI | Seed | $3.5M | Nov 2024 |
 Outgo | Series B | $15M | Sep 2024 |
 The Rounds | Series B | $24M | Aug 2024 |
 DBOS | Seed | $8.5M | Mar 2024 |
| Chef Robotics | Series A | $14.8M | Jan 2024 |
| Outgo | Seed | $15M | Jan 2024 |
| Chef Robotics | Seed | $11.2M | Jan 2023 |
 Amplio | Seed | $6M | Dec 2022 |
 Amplio | Seed | $6M | Dec 2022 |
Page 1 of 3
Top Co-Investors
Lux Capital16 shared
Founders Fund12 shared
Andreessen Horowitz9 shared
Slow Ventures8 shared
MaC Venture Capital6 shared
137 Ventures6 shared
Plug and Play Tech Center6 shared
Founder Collective6 shared
Alumni Ventures5 shared
Gaingels5 shared
Caffeinated Capital5 shared
High Alpha5 shared
Gradient Ventures5 shared
Safar Partners5 shared
Pillar VC5 shared
Y Combinator4 shared
Ironspring Ventures4 shared
T. Rowe Price4 shared
Altimeter Capital Management, LP4 shared
1789 Capital4 shared
Last updated: 7 October 2026