{"id":24696,"date":"2024-01-31T16:39:18","date_gmt":"2024-02-01T00:39:18","guid":{"rendered":"https:\/\/essential.construction\/news\/2024s-most-innovative-contech-startups-announced-by-cemex-ventures\/"},"modified":"2024-01-31T16:39:21","modified_gmt":"2024-02-01T00:39:21","slug":"2024s-most-innovative-contech-startups-announced-by-cemex-ventures","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/2024s-most-innovative-contech-startups-announced-by-cemex-ventures\/","title":{"rendered":"2024&#8217;s Most Innovative Contech Startups Announced by Cemex Ventures"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"\">\n<p>Cemex Ventures has unveiled the 2024 edition of its highly anticipated list, showcasing the 50 most promising construction technology (Contech) startups.<\/p>\n<p>This list, titled \u201cTop 50 Contech Startups 2024,\u201d highlights the startups that are leading the charge in redefining the construction industry. These startups are aligned with Cemex Ventures\u2019 four strategic focus areas:<\/p>\n<ul>\n<li>Green Construction (emphasizing sustainability)<\/li>\n<li>Enhanced Productivity (aiming for efficiency)<\/li>\n<li>Construction Supply Chain (focusing on agility)<\/li>\n<li>The Future of Construction (centered on disruption)<\/li>\n<\/ul>\n<p>The 5th edition of Cemex Ventures\u2019 Top 50 list comes with a comprehensive report. This report offers a detailed analysis of industry investments in 2023 and provides insights into the trends of innovation and investment for the upcoming year.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-over-3-billion-invested-in-contech-in-2023\">Over $3 billion invested in Contech in 2023<\/h2>\n<p>In 2023, investments in Contech reached a total of US$3.03 billion across 236 deals. This figure represents a 44% decrease in investment and a 3.5% increase in deal volume compared to 2022. These changes are attributed to the widespread macroeconomic challenges impacting funding globally. Despite this, the increase in the number of Contech deals from 2022 to 2023 indicates a continued investor interest in the sector.<\/p>\n<p>The year 2023 saw a majority of deals, 45%, in the Enhanced Productivity sector, followed by Green Construction, which accounted for 24% of the deals. This trend underscores the construction industry\u2019s commitment to digital transformation and its goal to achieve CO2 neutrality by 2050.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-a-long-term-perspective-on-innovation\">A long-term perspective on innovation<\/h2>\n<p>Cemex Ventures is the corporate venture capital (CVC) and open innovation unit of Cemex.<\/p>\n<p>Gonzalo Galindo, the Head of Cemex Ventures, shared insights on their approach, stating, \u201cOur investment analysts track investment data throughout the year and continually engage with global startups to target the most innovative solutions consistent with our mission to foster the construction industry revolution.\u201d<\/p>\n<p>Galindo emphasized the importance of a long-term perspective in innovation, noting that while innovation cannot be confined to a single year, the Top 50 Contech Startups list and accompanying report are instrumental in tracking innovation through investment and technology adoption, as well as assessing the health of the construction startup ecosystem.<\/p>\n<figure class=\"wp-block-image size-full\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1272\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/11\/Gonzalo-Galindo.jpg\" alt=\"-\" class=\"wp-image-4015659 lazyload\" srcset=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/11\/Gonzalo-Galindo.jpg 1920w, https:\/\/aec-business.com\/wp-content\/uploads\/2023\/11\/Gonzalo-Galindo-1200x795.jpg 1200w, https:\/\/aec-business.com\/wp-content\/uploads\/2023\/11\/Gonzalo-Galindo-768x509.jpg 768w, https:\/\/aec-business.com\/wp-content\/uploads\/2023\/11\/Gonzalo-Galindo-1536x1018.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\"><\/noscript><figcaption class=\"wp-element-caption\"><em>Gonzalo Galindo, the Head of Cemex Ventures<\/em><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-get-your-copy-of-the-report\">Get your copy of the report<\/h2>\n<p>The startups featured in this year\u2019s Top 50 Contech Startups are globally diverse but share a common goal: to revolutionize the construction industry.<\/p>\n<p>To explore the complete Top 50 Contech Startups 2024 list and access the full report, please visit Cemex Ventures\u2019 website at <a rel=\"nofollow noopener\" href=\"https:\/\/www.cemexventures.com\/top-50\/\" target=\"_blank\">https:\/\/www.cemexventures.com\/top-50\/<\/a>.<\/p>\n<p>Also, listen to my <a rel=\"nofollow noopener\" href=\"https:\/\/aec-business.com\/discussing-construction-startups-and-innovation-with-gonzalo-galindo\/\" target=\"_blank\">interview with Galindo<\/a>.<\/p>\n<p> <span class=\"et_social_bottom_trigger\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/aec-business.com\/2024s-most-innovative-contech-startups-announced-by-cemex-ventures\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cemex Ventures has unveiled the 2024 edition of its highly anticipated list, showcasing the 50 most promising construction technology (Contech) &#8230; <a title=\"2024&#8217;s Most Innovative Contech Startups Announced by Cemex Ventures\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/2024s-most-innovative-contech-startups-announced-by-cemex-ventures\/\" aria-label=\"Read more about 2024&#8217;s Most Innovative Contech Startups Announced by Cemex Ventures\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":24697,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1062,1066],"tags":[],"class_list":["post-24696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aec-business","category-all-posts","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/24696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=24696"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/24696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/24697"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=24696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=24696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=24696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}