Construction Startup Competition 2022: Building a boundless new world
- CEMEX Ventures partners again with leaders Dysruptek by Haskell, Ferrovial, GS Futures, Hilti, VINCI Group´s Leonard, NOVA by Saint Gobain, and welcomes Black & Veatch, Procore Technologies, and Zacua Ventures.
- Construction Startup Competition 2022 looks for the strongest sustainability solutions, improving productivity and supply chain management, and building with innovative new methods and materials.
- The application phase will remain open until September 4, 2022.
Monterrey (MX), March 16, 2022 – CEMEX Ventures, CEMEX´s corporate venture capital, and open innovation unit, announced today the open call for their sixth edition of Construction Startup Competition, the biggest challenge for startups in the construction industry. This 2022 edition reunites previous partners Dysruptek by Haskell, Ferrovial, GS Futures, Hilti, VINCI Group´s Leonard, and NOVA by Saint-Gobain, and welcomes Black & Veatch, a global engineering, construction, and consulting leader, Procore Technologies, leading US cloud-based construction software, and Zacua Ventures, a fund focused solely on the construction sector.
The global challenge is open for startups in their early stages up to their commercialization phase who have developed innovative solutions that help solve the industry´s main challenges. All participants will be able to apply under four categories: Green Construction, Enhanced Productivity, Construction´s Supply Chain, and Construction Future is Now. The application phase of the competition will remain open until September 4, 2022.
Construction Startup Competition serves as a shortcut for all entrepreneurs who wish to knock on the doors of potential business partners that can help evolve their solutions. “Participants can expect to engage with any of the host companies even before the competition comes to an end, going as far as receiving investment or setting up agreements in the months following their application” expressed Gonzalo Galindo, Head of CEMEX Ventures. “This competition has served as a shortcut for many startups to connect with top industry investors and begin their successful collaborations, and this year´s lineup guarantees it will be no exception.”
The ten companies will thoroughly evaluate the applications before choosing the winners that will participate in a final Pitchday event in November 2022. The entrepreneurs will get the opportunity to showcase their solution to the competition´s jurors, as well as leading companies and investors from the construction and technology industry.
Construction Startup Competition has seen over 2,000 startups from more than 80 countries participate since its first edition. With more partners joining CEMEX Ventures in the call to disrupt the construction industry, and with investment blooming in the Contech ecosystem, the 2022 edition is calling for all startups in the sector to take on the challenge and participate by applying at www.cemexventures.com/constructionstartupcompetition.
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, 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, allowing 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.
Formed in 2018, Dysruptek is the venture investment arm of The Haskell Company. Dysruptek seeks to invest in disruptive Architecture, Engineering and Construction technologies reshaping the built world. Dysruptek acts as an agent of change and partner to innovators driving meaningful impact across the industry. Invest. Invent. Innovate. For more information, please visit: www.dysruptek.com
Ferrovial, a leading global infrastructure operator, is committed to developing sustainable solutions. It is a member of Spain's blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good Index; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002. For more information on Ferrovial, please visit: www.ferrovial.com
GS E&C is a Korea based international general construction company. Since 1969, it has been engaged in the fields of architecture, housing, refineries, gas & petrochemical plants, civil engineering, water treatment, waste treatment and power plant across the globe. GS E&C currently has over 24 overseas subsidiaries & branches and 190 ongoing sites worldwide. www.gsfutures.vc
The Hilti Group supplies the worldwide construction and energy industries with technologically leading products, systems, software and services. With about 31,000 team members in over 120 countries the company stands for strong customer relationships, quality and innovation. Hilti generated annual sales of nearly USD 6.5 billion in 2021 and 6 to 7 percent of sales revenue is invested each year in research and development. With more than 280,000 daily interactions with customers we know that it is on the construction sites that most innovative ideas are developed. To learn more about Hilti, please visit: www.hilti.group
ABOUT VINCI GROUP’S LEONARD
Leonard is the innovation and foresight platform set up by VINCI, a global player in concessions and contracting, employing more than 19,000 people in nearly 120. Leonard is responsible for tracking emerging trends in VINCI's business activities and markets, identifying long-term challenges and goals, pinpointing opportunities for change in the Group's businesses and organizational structure, identifying new growth drivers and developing innovative projects incubation and acceleration programs open to both Group employees and startups. Each year, Leonard supports the acceleration and development of over 40 of the best innovative projects in construction, mobility, energy and real estate. For more information, please visit: https://leonard.vinci.com/.
ABOUT NOVA BY SAINT-GOBAIN
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”. €38.1 billion in sales in 2020. More than 167,000 employees, located in 72 countries. Committed to achieving Carbon
Neutrality by 2050. For more information about Saint-Gobain visit www.saint-gobain.com and follow us on Twitter @saintgobain
ABOUT PROCORE TECHNOLOGIES
Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at www.procore.com
ABOUT ZACUA VENTURES
Zacua Ventures is a global early-stage venture fund tackling world's biggest challenges across Sustainability, Productivity and Urbanization and backed by the most innovative corporates in the built world. Zacua is led by partners with more than 30 years of combined industry experience and who have been investing in construction tech for the past decade. With regional presence in San Francisco, Madrid and Singapore, Zacua helps entrepreneurs to build and strengthen their value proposition and scale their businesses globally, leveraging deep corporate networks. For more information, please visit: www.zacuaventures.com
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