CEMEX Partners With Heavy Equipment Manufacturers on Cleanup Race

Several notable companies within the construction industry are working together to host a startup competition aimed at improving technology and sustainability efforts. 

Takeaways include:

• Prominent industry players and venture capital firms Cemex Ventures, Caterpillar, Dysruptek by Haskell, Ferrovial, Hilti, VINCI Group’s Leonard, NOVA by Saint-Gobain, Trimble, and Zacua Ventures are launching the open call for innovative startups worldwide as hosts of the eighth edition of Construction Startup Competition.
• The competition starts May 7 and continues through June 30. It aims to improve and promote innovation, collaboration, and technology adoption with products and services that fall under green construction (sustainability), enhanced productivity (efficiency), construction supply chain (on time) and the future of construction (disruptive).
• Three winners will receive cash prizes at Pitch Day, the final competition milestone, held at Trimble Dimensions User Conference on Nov. 11-13, 2024.
• Over the last 7 years, Construction Startup Competition has been a launching pad for almost 3,000 startups to facilitate fundraising and gain recognition. The competition has named 36 winners, which have collectively raised more than $396 million in financing. More than one third of winners have received investment from and/or are working with one or more of the competition hosts.

“Every year we receive hundreds of applications from Contech and Cleantech startups, some of which have gone on to become big names in the industry, receive hundreds of million dollars in investment, and commercialize and expand their companies,” said Gonzalo Galindo, Head of Cemex Ventures.

Construction technology and cleantech startups can apply at: https://www.cemexventures.com/constructionstartupcompetition/.