Posted by Alumni from TechCrunch
May 4, 2024
While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. Her mission doesn't exclude AI, but it also doesn't depend on it. Construct recently led a seed-stage round, for example, for TimberEye, a startup developing vertical workflow software and a data layer that it says can more accurately count and measure logs and, if all goes as planned, help the startup achieve its goal of becoming the marketplace for buying timber. How big could that market be, you might be wondering' According to one estimate, the global forest products industry hit $647 billion in 2021. Another Construct deal that sounds less sexy than, say, large language models, is Earth, a startup that's centered around human composting, turning bodies into 'nutrient-rich' soil over a 45-day period. Yes, ick. But also: it's a smart... learn more
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