GS Futures is a venture fund tied to GS Group's energy, construction, and retail businesses, giving it hands-on access to industries where new technology can actually be tested and used; it runs two funds—a general fund and a separate one focused only on construction technology—and looks for companies that build full workflow and supply-chain systems rather than single tools, aiming to fill the "outsourced R&D" gap for an industry that rarely experiments on its own. The fund also backs physical AI, robotics, industrial transition, and blockchain infrastructure companies, reflecting a broad view of what counts as important infrastructure, and its team, led by construction industry veteran Aaron Toppston, pays close attention to how well new technology earns trust on real job sites rather than just how good the product looks on paper.