CEMEX Ventures presents its annual list of the Top 50 construction startups
Published by Emily Thomas,
Deputy Editor
World Cement,
CEMEX Ventures, CEMEX’s Corporate Venture Capital and Open Innovation unit, has released its yearly TOP50 ConTech Startups list. The selection features this year’s top 50 solutions from the construction technology ecosystem from around the world, and the most promising for 2022.
Investment in the ConTech environment reached record levels this year, with over US$4.5 billion invested in 2021 (up to date), tripling the amount invested in 2020. This record-breaking year will end with not only a significant increase on investment, but it also tops the list as the one with most funding rounds and acquisitions made within the Contech ecosystem.
The new pain points in the industry and CEMEX Ventures’ commitment to finding solutions that tackle these challenges made the corporate venture capital renew its operational areas and debut new categories in its Top 50 ConTech Startups 2021 list: green construction, construction supply chain, enhanced productivity, and construction’s future is now.
From the selection, Europe and North America are the leading regions, with the United States as the country with most companies in the Top 50 ConTech Startups 2021. Other regions in the list include Latin America, the Middle East and Asia-Pacific, with United Kingdom, Germany, and Israel having more participants selected in the list as these countries are driving significant investment for the ConTech ecosystem.
“As we predicted last year, sustainable solutions saw a spike in investment from leading companies and investors. We will continue seeing this trend in 2022, as well as more companies betting on solutions that help deal with the supply chain hurdles that the industry is experiencing. Supply chain management had been struggling pre-pandemic and with COVID-19, the challenges increased,” expressed Gonzalo Galindo, Head of CEMEX Ventures.
During 2021, the startups from the 2020 list participated in multiple investment rounds, some even now being part of CEMEX Ventures investment portfolio or working closely with CEMEX. Likewise, some are undergoing projects with leading companies of the construction ecosystem and will continue making highlights in the coming year.
For the full list of 2021 TOP 50 Construction Technology Startups list, visit: www.cemexventures.com/top-50.
Read the article online at: https://www.worldcement.com/europe-cis/02122021/cemex-ventures-presents-its-annual-list-of-the-top-50-construction-startups/
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