Construction tech start up competition 2021 launches khl.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khl.com Daily Mail and Mail on Sunday newspapers.
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By Mike Hayes16 March 2021
The head of Cemex Ventures says new innovation in construction took its time to arrive, but a promising future awaits Gonzalo Galindo, head of Cemex Ventures
In 2017, Cemex Ventures – the corporate venture capital arm of Mexican multinational building materials company Cemex – ran the first Construction Startup competition with the aim of investing in innovative startups accelerating the construction revolution.
Interview: Gonzaolo Galindo khl.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khl.com Daily Mail and Mail on Sunday newspapers.
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CEMEX Ventures, CEMEX’s Corporate Venture Capital and Open Innovation unit, has unveiled its TOP50 ConTech Startups list, which includes the 50 most promising new solutions from the 2020 construction ecosystem and the cities of the future.
The investment ecosystem in construction startups gets traction and closes the year 2020, surpassing US$1.3 billion of investment in startups, the previous record dates from 2018 with more than US$1.8 billion invested. Also, it is the fourth consecutive year in which the number of financing rounds exceeds 100. In 2020, CEMEX Ventures is one of the companies that leads investment efforts in the ConTech ecosystem, positioning itself as one of the leaders in the industry.