Cemex Ventures’ Post

The digitization of the Construction Industry is on a fast track, just look at all the startups addressing pain points of the industry. Just like our occupational health & safety solution, here is a startup trying to resolve the issue of repetition. https://lnkd.in/eJV2qigK

Cemex Ventures, the VC and open innovation unit of Mexican multinational building materials firm Cemex, has made a second investment in construction automation start-up ObraLink 🏗 Gonzalo Galindo Gout, head of Cemex Ventures, said: “Two of the most troublesome paint-points in the construction industry area data collection and standardization, and the logistics of product deliveries. “ObraLink has developed a solution that addresses both of these challenges, contributing to a more visible and digital construction industry." Read the full article here: https://lnkd.in/eBevVGNR #ConstructionNews #ConstructionAutomation #InvestmentNews

🌍 CEMEX Ventures, the corporate #venturecapital unit of CEMEX, has made a strategic investment in French #startup Vizcab to revolutionize carbon footprint management in the construction industry! 🏗️♻️ Vizcab's innovative digital platform provides a complete view of a building's #carbonfootprint throughout its lifecycle, allowing industry players to compare materials, establish #sustainability strategies, and automate assessments. 📈🌱 Continue reading📖: https://lnkd.in/ddffaszn Share your thoughts on this collaboration and how we can further reduce the environmental impact of the construction industry. Comment below! 👇

Vizcab, a platform that calculates the Life Cycle Assessment (LCA) to reduce the carbon impact of construction projects, has raised €5 million in Series A funding. The round was led by KOMPAS VC, an early-stage VC firm focused on the decarbonisation of the built environment and the manufacturing industry, with participation from Rise PropTech Fund, CEMEX Ventures and Altur Investissement alongside existing investors A/O, and Banque des Territoires (Groupe Caisse des Dépôts). Read more at EU-Startups. Link in bio. Tags: #proptech #climatetech #constructiontech #realestate #construction #venturecapital #funding

🚀Funding Alert: ClimateCrete Inc. Secures $3.3M Series A Funding Led by Capital K to Revolutionize Concrete Production. The Menlo Park-based startup, known for transforming local sand into sustainable aggregates, aims to enhance efficiency and reduce carbon footprint. With prototypes delivered to strategic partners in Saudi Arabia, ClimateCrete aligns with the nation's $1.1 trillion infrastructure projects. Meet their new CEO, Peter Hadrovic, as the company gears up for impactful growth. Join us in congratulating the team on this milestone! #ProptechInnovation #RealEstateRevolution #PTB #ProptechBuzz #RealEstateInnovation #Funding #FundRaise #Sustainability #ConstructionInnovation Read more: https://lnkd.in/gXBwwaFS ------ If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.

This conversation will open your eyes. For a deeper dive into the Contech world, check out CEMEX Ventures Top 50 Contech startups for 2024: https://lnkd.in/gExi6J8

Construction is complex, and the the quest to improve quality, safety, productivity and profit never ends. Embracing innovation is indispensable for our continued growth and adaptation. Gonzalo Galindo Gout the President of CEMEX Ventures joins me on Construction Genius Podcast to discuss the latest Contech trends, and how technology is at the forefront of driving our industry towards sustainability, efficiency, and digitization. Some topics we cover include: Digital project management, robotics, AI, and sustainable practices set to redefine job site efficiency and material usage. Supply Chain Optimization: A pain point for many of us, Gonzalo highlights the urgent need for digital solutions to streamline our processes and cut down on project delays. The Human Element: It's not just about the technology but the people behind it. This approach ensures that innovations align with our strategic goals and company culture. Implementation Pitfalls: The call for a methodical approach to adopting new technologies resonates deeply, emphasizing the importance of pilot testing and thorough evaluation. The Future of Job Sites: Imagine more digitized, efficient sites where robotics and AI are standard. This vision is closer than we think, and Gonzalo paints a vivid picture of what's to come. Cemex Ventures’ Resources: Gonzalo encourages stakeholders to explore the wealth of resources available through Cemex Ventures, including the annual top 50 tech startups report. These resources offer valuable insights into the emerging technologies and companies that are at the forefront of transforming the construction industry. 👉 Don't miss this enlightening discussion. Listen to the full podcast on Apple, Spotify, YouTube, or Google and propel your business into the future.

There is a global #sustainability and #productivity problem for material distributors to the #construction sector, as material transportation currently contributes up to 13% of the whole industry's carbon footprint. Despite the heavy reliance on logistics and transportation of materials to and from sites across the globe, processes and fleet management systems have remained largely analogue, manual and inefficient. 🚀 That's where Alrik comes in... As seen in Tech.eu, Real Asset IMPACT & more, Pi Labs recently invested in Alrik: the Swedish startup, launched in 2023 by seasoned operators Nici Sundén-Cullberg and Axel Enblad, digitalising and decarbonising construction logistics. Hear from our Investment Manager, Dhruv Gupta, about why we invested in Alrik 👉 https://lnkd.in/e7XkGV34

🇦🇺 Australian funding boosts, CEMEX report insights, and LA's transport experiment! ⚡ Here’s what’s been happening in the world of Construction Tech: 👇 • Australian startup VAPAR, known for AI-driven water infrastructure solutions, raised $5M for expansion in North America. Their solution supports automatic categorisation of water and sewage pipe defects, supporting local governments in maintenance activities. • Australian construction procurement platform ProcurePro, raised $6.15M for UK expansion. Founded in 2021, it streamlines subcontractor agreements, work scopes, scheduling, and procurement milestones for contractor oversight. • CEMEX Ventures has released a report with the top 50 ConTech startups of 2024. It reports that in 2023, Contech experienced a 44% decrease in VC funding, but its portion of total VC investment rose to 1.06%. Despite challenges, 2024 is expected to bring stabilization, heightened scrutiny, and a focus on Green Construction. • Los Angeles is trying out a big experiment called Universal Basic Mobility. They're giving residents a $150 debit card every month to use for commuting, like using Uber, e-bikes, or trains. The goal is to help people with low incomes have better access to transportation and curb greenhouse gas emissions. Check out the latest edition on Last Week in ConTech to read the rest (link in comments)

I'm delighted to announce that D-CRBN has been selected among the Top 50 list of most promising startups of 2024, reshaping the Contech ecosystem. Download the report now to dive into a comprehensive review of industry investments in 2023, get an outlook for 2024, and explore a map of the most exciting startup solutions curated by the investment team at CEMEX Ventures. The construction industry has traditionally been passive in terms of innovation, digitalization, and new applications of technology. But not anymore. Like in many other industries, the construction sector has entered into an era of change, where new emergent business models are driving its revolution. According to McKinsey & Company, the adoption of new digital technologies in the construction sector can enhance competition and productivity by almost 15%, so it is no wonder that in recent years many new players have emerged. Construction technology (Contech) startups are just some of the new players helping the industry become more sustainable, productive, efficient, and innovative, and are transforming the way we have traditionally seen construction. Let's continue building a future where innovation is the cornerstone of construction! 🛠️💡 #CEMEXVentures #Contech #ConstructionInnovation #TopStartups2024 #Gratitude