MONTERREY, MEXICO. OCTOBER 26, 2022 – CEMEX Ventures, the corporate venture capital and open innovation unit of CEMEX announced today the winners of its 2022 edition of the Construction Startup Competition. CEMEX Ventures leads the panel of jurors, which includes the competition’s nine other industry partners from Black & Veatch, Dysruptek by Haskell, Ferrovial, GS Futures, Hilti, VINCI Group’s Leonard, NOVA by Saint-Gobain, Procore Technologies, Inc., and Zacua Ventures, that has selected the top eight startups that will transform the industry as it is known today. 

Eight startups have been selected as the winners of the Construction Startup Competition 2022. In the category of Green Construction the winners were Carbon Limit [United States] and 2050 Materials [United Kingdom]. Likewise, the winners of the Enhanced Productivity vertical were Exodigo [United States] and Constru [Israel]. The Construction Supply Chain vertical was conquered by Soil Connect [United States] and Cathago [Germany], while the Construction’s Future is Now vertical winners were Loris [United States] and Automatic Construction [United States]. These startups were selected among hundreds of applicants worldwide because of their commitment to improve and revolutionize the industry from within.

In two weeks’ time on November 9, 2022, the competition’s eight winners will compete by pitching their solutions to a jury of 10 members made up of members from CEMEX Ventures and the nine competition partners during Procore’s Groundbreak conference in New Orleans, United States. Each year, the leading construction technology conference brings together industry professionals from around the world to discover, learn, and innovate. Following the pitches, four gold medalists will be selected according to the competition’s four opportunity areas. However, in addition to the benefits the winners receive from the Construction Startup Competition, they are also awarded the unique opportunity to develop entrepreneur to entrepreneur relations with key industry leading corporations, exhibitors, and startups, and take advantage of the extensive exposure from the full-access three-day conference. 

The Construction Startup Competition is the leading and most promising challenge for startups in the industry. The competition calls for solutions that improve sustainability, efficiency, time, and innovation throughout the entire construction value chain. Startups who commit to “building a boundless new world”, the theme of this year’s challenge, benefit from networking, capital investment, and piloting their solutions in real markets anywhere in the world.

ABOUT CONSTRUCTION STARTUP COMPETITION

Since its first edition in 2017, startups from more than 80 countries have participated in the biggest challenge aimed at startups in the construction industry, the Construction Startup Competition. Plenty of them have gone on to collaborate with the participating companies after applying for the competition. Given the global outreach of its partners, the 2022 edition expects to see an increase in the number of applications, to identify the most innovative solutions around the world, continue growing the Contech ecosystem, and implementing the innovative plans for the sector.

ABOUT CEMEX VENTURES

Launched in 2017, CEMEX Ventures focuses on helping overcome the main challenges and capitalizing on the opportunity areas in the construction ecosystem through sustainable solutions. CEMEX Ventures has developed an open collaborative platform to lead the revolution of the construction industry, engaging startups, entrepreneurs, universities, and other stakeholders to tackle the challenges in the construction environment and shape the industry’s future. For more information on CEMEX Ventures, please visit: www.cemexventures.com 

ABOUT BLACK & VEATCH

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2020 exceeded US$3.0 billion. Follow us on www.bv.com and on social media.