Brick & Mortar Ventures Closes $97M as the Largest Ever Construction Focused Built World Venture Fund Brick & Mortar Ventures debuts its new institutional venture fund, founded by construction tech investment veteran Darren Bechtel, backed by high-profile corporates SAN FRANCISCO, August 13, 2019-- Today, Brick & Mortar Ventures, the premier construction tech venture firm, has announced the close of a $97.2M fund. Brick & Mortar invests in emerging companies developing innovative software and hardware solutions for the industries of architecture, engineering, construction, and facilities management. The close of the fund marks Brick & Mortar's first institutional capital.