💸 Dayna Grayson and Rachel Holt's Construct Capital Raises $300M Third Fund
FemWealth Issue #204
Hi FemWealth Friends,
In the Spotlight 💸
Founded and led by Dayna Grayson and Rachel Holt, Washington, DC-based Construct Capital launched its third fund with $300 million in capital commitments. It aims to back early-stage startups in sectors such as manufacturing, logistics and transportation, defense, and energy.
Read more: Construct Capital raises $300M fund for defense and manufacturing tech
FemWealth Favourites ❤️
Startups: Unframe launches with $50M in funding to offer outcome-based AI solutions for businesses - Co-founded by Larissa Schneider, Unframe provides ready-to-use AI solutions. The Cupertino, California-based startup secured $50 million from Bessemer Venture Partners, TLV Partners, Craft Ventures, Third Point Ventures, SentinelOne Ventures, Terra Nova Ventures, and Cerca Partners.
WeeFin Raises $27 Million to Expand ESG Data Management Platform for Financial Institutions - Co-founded by Marion Aubert, WeeFin enables financial institutions to deploy sustainability strategies. The Paris-based fintech raised a $27 million Series B round led by BlackFin Capital Partners, with participation from IRIS, Asterion Ventures, and Ring Capital.
Carbon Accounting and Reporting Software Provider Persefoni Raises $23 Million - Co-founded by Kim Stroh, Persefoni AI enables companies and financial institutions to manage their carbon footprint and sustainability reporting. The Tempe, Arizona-based startup closed $23 million in Series C extension funding from TPG Rise, Rice Investment Group, Clearvision Ventures, Prelude Ventures, and NGP Energy Technology Partners.
Venteur Raises $20M To Help Employers Administer ICHRAs - Co-founded and led by Stacy Edgar, Venteur enables businesses to provide personalized health benefits to their employees through Individual Coverage Health Reimbursement Arrangements (ICHRAs). The San Francisco startup raised a $20 million Series A round co-led by Informed Ventures and American Family Ventures, with support from Morgan Health, Catalyst by Wellstar, Ingeborg Investments, Plug and Play, Techstars, Revelry Venture Partners, and Houghton Street Ventures.
Fairly Made raises €15 million to put technology at the service of responsible fashion - Co-founded and co-led by Laure Betsch and Camille Le Gal, Fairly Made enhances supply chain visibility and supports brands in meeting industry demands for transparency. The Paris-based startup raised €15 million in Series B funding from BNP Paribas Solar Impulse Venture Fund, GET Fund, ETF Partners, and Frenchfounders.
Atomic Raises $10 Million in Strategic Round from Capital One Ventures, Citi Ventures, and F.N.B. Corporation - Co-founded by Andrea Martone, Atomic is a financial connectivity platform serving as a bridge between consumer data and financial solutions. The Salt Lake City-based startup raised $10 million in funding from Capital One Ventures, Citi Ventures, and F.N.B. Corporation.
Local property tech startup gets $7M in additional funding (The Business Journals $) - Co-founded by Jiani Zeng, Butlr uses thermal sensors to help landlords and employers monitor how people use office spaces. The Burlingame, California-based startup raised $7 million in funding from Ricoh, Wistron, and Taiwan Global Angels.
Grace raises €5.9M seed to offer insurance to luxury goods - Co-founded by Lou DANA, GRACE is an insurance company for luxury goods. The Paris-based startup raised €5.9 million in Seed funding co-led by FinTechCollective and Speedinvest and joined by FirstMinuteCapital, Purple, Kima, Bpifrance, and angel investors.
Women’s Healthtech Company Fizimed Raises €4M for International Expansion - Co-founded and led by Emeline Hahn, Fizimed aims to revolutionize women’s health worldwide by providing innovative and practical solutions tailored to their daily lives. The Strasbourg, France-based startup raised €4 million in a round led by the Fonds Patient Autonome managed by Bpifrance, with additional support from UNIQA and UI Investissement.
Swedish Algae Factory raises €3M to scale production of diatom-based materials - Co-founded and led by Sofie Allert, Swedish Algae Factory produces advanced materials from algae. The Gothenburg, Sweden-based startup raised €3 million led by Chalmers Ventures.
Meet Ponte Labor, a startup matching Hispanic immigrants to jobs using WhatsApp - Co-founded by Stephanie Murra and Lorenza Vélez, Ponte Labor provides an in-house AI recruiter that pre-vets candidates through WhatsApp and voice-based AI interviews. The US startup raised a $3 million Seed round led by Harlem Capital. Better Tomorrow Ventures, The 81 Collection, and Wischoff Ventures also participated.
Finnish startup raises $1.5M pre-seed funding and acquires Zadaa to simplify secondhand fashion sales - Co-founded by Anna Müller, Bought is an AI-powered secondhand marketplace. The Finnish startup raised $1.5 million led by Lifeline Ventures.
Evolytes raises €1.3 million to scale its K-5 math learning platform globally - Co-founded by Iris E. Gisladottir, Evolytes is an elementary math learning platform. The Reykjavík-based startup raised €1.3 million in a Seed funding round co-led by Omega and Pekron Family Office.
British medtech Calla Lily secures £1M for transformative progesterone delivery device - Co-founded by Dr. Lara Zibners, Calla Lily provides a medical device for the leak-free delivery of vaginally-administered progesterone in pregnant women at risk of miscarriage. The London-based startup raised £1 million in funding from the National Institute for Health and Care Research.
Lithuanian startup receives €500K pre-seed to make rare cars accessible to enthusiasts - Co-founded by Gerda Oškeliūnė, Commody enables users to co-own collectible and historic cars through digital ownership. The Vilnius-based startup raised €500,000 in Pre-Seed funding from Firstpick, Coinvest Capital, and private investors.
England captain Harry Kane backs - Co-founded by Phillipa Hicks, Seat Unique sells premium tickets and hospitality packages to sports, music, and entertainment events. The London-based startup raised funding from England men’s football captain Harry Kane, Olympic heptathlete Dame Jessica Ennis-Hill, and English cricketer Ben Stokes in an undisclosed round that values it at over £100 million.
Mark Cuban backs Skylight, a TikTok alternative built on Bluesky’s underlying technology - Co-founded and led by Tori White, Skylight offers a short-form video app experience. The company raised Pre-Seed funding from Mark Cuban and Leslie Feinzaig’s Graham & Walker Venture Fund.
Women’s & Family Health: Future Family Secures $400M Financing Program to Expand Fertility Treatment Accessibility- Founded and led by Claire Tomkins, Future Family secured a $400 million financing program from Clear Haven Capital Management to expand financing options for fertility treatments, including IVF and egg-freezing in the US.
VC: Europe’s largest all-women led VC Revaia closes €250m growth fund - Founded and led by Elina Berrebi and Alice Albizzati, Paris-based Revaia announced the final close of its second fund at €250 million. The firm invests in European and Israeli startups and scaleups at Series B and beyond.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth