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manufacture Capital , an early - microscope stage venture capital house that invest in inauguration applying technology to sector like manufacturing , transportation , and defense team , has closed its third monetary fund with $ 300 million in cap commitments .
The Washington , D.C.-based firm previously raised a $ 225 million 2d investment firm and a $ 75 million cap pool for later - stage company in 2022 .
While many go forth handler arestruggling to elicit fresh fund , Construct ’s upper-case letter haulage underscores institutional investors ’ interestingness in backing VCs focalize on the growing field of defense tech amid rising geopolitical tensity , along with the Trump administration ’s push to increase domestic manufacture .
The business firm was establish in 2020 by former NEA collaborator Dayna Grayson and Rachel Holt , who was previously an executive at Uber . conception has invested in startups like Hadrian , which expend software to fabricate parts for the defense and aerospace industriousness , andVeho , a company specializing in last - mile tocopherol - commerce delivery from dispersion center to customer .
