Our goal is to be the preferred partner for early-stage tech startups in ConTech and PropTech
Our DNA
Construct Venture is a corporate venture investor in the AEC sector, investing in promising early stage and growth technology companies, focusing on construction technology (ConTech) and property technology (PropTech).
In collaboration with entrepreneurs and other investors, we aim to develop and scale our portfolio companies from promising businesses into world leaders.
We take an active role in scaling our portfolio companies, and strive to bring expertise and involvement to the table, in order to add value to our portfolio companies. Our goal is to be the preferred investor in our industry.
Our sector-specific focus separates us from traditional venture investors, as we know the industry, the acronyms and the know-how of the projects. Together with our partners, we have a unique internal expertise, which is a great asset for our team when assessing and evaluating new startups - as well as in helping and guiding our portfolio companies on their way to establishing themselves in the industry.
Our history
Construct Venture was founded and established in 2018 by AF Gruppen and OBOS with a dedication to invest in ambitious early stage- and growth companies in the field of property- and construction technology. Construct Venture was formed based on the founders’ deep roots , industrial knowledge, and strong desire to support significant opportunities for innovation through promising technologies and solutions.
The collaboration is industrially rooted and based on smart capital, where the founders of Construct Venture can contribute with industry expertise and well-functioning systems, in addition to financial strength. At the same time, the founding companies can make projects available for testing of technology and trial of concepts on a large scale.
Our investment focus
AEC sector is one of the largest global industries and has significant opportunities for innovation.
Construct Venture wants to contribute to disruption and radical change, by investing in the most innovative and promising companies with technologies and solutions for the future.
We focus purely on companies within the ConTech- and PropTech space.
Our preferred process
We aim to work fast and agile at the same speed as the startups. A typical investment process follows these steps:
What are we looking for?
We are looking for companies with innovative technologies and solutions driven by exceptional teams.
We are not geographically limited but emphasize on Nordic companies. We may also look at unique start-ups in other geographic regions that see potential in collaborations with Nordic actors. We can be the lead investor but are happy to follow.
As an active investor, we will normally ask for a board seat, or observer role if it makes sense, in order to be able to contribute as much as possible to seeing the startup succeed. We will never ask for exclusivity or special treatment.
-
Our sweet spot is primarily companies that are in the early commercialization phase, with a product or service in the final stage of testing and a defined customer base. However, we may also consider companies at both earlier and later stages.
-
Ideally, the company already has some existing traction in pilots, paying customers or other interests.
-
A good idea is just one piece of the puzzle; we want to support strong, committed teams with complementary skills, which have the drive and capability to achieve their goals of becoming a leading global company.
-
The companies we target should have a big enough market size to be able to scale the business relatively quickly.
-
We invest smart capital to create synergies, where we believe we can be an enabler to help the start-up scale. The investment should have relevance for our partners, so we can help by leveraging our network and domain knowledge to help your company succeed.
-
As financial return is of importance, a part of our evaluation process is the potential for an attractive exit.
Our Limited Partners
We are proudly backed by dedicated limited partners with unique insights into the AEC sector. The human capital and knowledge our partners possess cover the full value chain from plan and design stage, via construction, through to management operations and maintenance. This gives us unparalleled capacity to evaluate technologies and support our portfolio companies.
OBOS is the largest housing developer in Norway and one of the largest in Scandinavia, with around 2,600 employees. OBOS is a cooperative established in 1929 owned by its 530,000 members. OBOS engages in the development and sale of homes and properties; banking and financial solutions; property management; real estate brokerage; and other forms of service production in the sector.
AF Gruppen is a leading contracting and industrial group with 5500 employees and a revenue of 27 868 NOK Million. The company, established in 1985, aims to be the Nordic region's most profitable contractor. The group provides services in the areas of Civil Engineering, Construction, Energy, Environment, Property and Offshore, primarily in Norway and Sweden.