Construct Capital

Activity from announced rounds

Activity in this selectionOct 22, 2026 · AI · Jan 1, 2026

Construct Capital is an investment firm whose official company directory identifies Hadrian, Copia and BackOps.

Recorded funding activity

BackOps coordinates supply-chain exceptions across carriers, suppliers and enterprise systems. Hadrian builds automated manufacturing facilities for aerospace and defence. The history also includes Polygrade’s coordination of home-warranty claims across customers, contractors, carriers and payment teams.

Sources
Rounds participated in
8
Confirmed lead rounds
1
5 roles undisclosed
New companies
6
First participation on record · 2 follow-on
Funding in participating rounds
$1.8B
7 disclosed · full round size, not this investor’s share

By stage

Seed2
Series A2
Series B2
Series C+1
Undisclosed1

By primary sector

Defense tech2
Industrial tech2
AI1
Enterprise software1
Logistics1
1 more
Space tech1

By country

United States8

Rounds

8 in this selection
Polygrade

Polygrade coordinates home-warranty claims among homeowners, carriers, contractors, suppliers and payment teams.

$6.3MSeed
Lead
BackOps

BackOps coordinates supply-chain exceptions across enterprise systems, carriers, suppliers and distributors.

$42MSeries B
Participant
Hadrian

Builds highly automated factories producing defense and aerospace systems

$1.4BSeries D
Participant
Cowboy Space Corporation

Develops vertically integrated orbital data centers and launch vehicles for AI compute in space

$275MSeries B
Role not disclosed
BackOps

BackOps coordinates supply-chain exceptions across enterprise systems, carriers, suppliers and distributors.

$26MSeries A
Role not disclosed
Swarm Aero

Develops large uncrewed aerial vehicle swarms and command and control software

$35MSeries A
Role not disclosed
Nexxa.ai

Builds specialized AI agents for heavy industries

$9MSeed
Role not disclosed
Hadrian

Builds highly automated factories producing defense and aerospace systems

UndisclosedUndisclosed
Role not disclosed