Cemex Ventures drive construction innovation
Corporate venture capital and open innovation unit launches third edition of its Leaplab programme
CEMEX Ventures, Cemex’s corporate venture capital and open innovation unit, have launched the third edition of Leaplab, their intensive acceleration programme designed for start-ups with the potential to revolutionize the construction industry.
This year, six start-ups from four countries will join the cohort, bringing disruptive solutions addressing strategic challenges and unlocking business opportunities. The six start-ups are: EarthTrack (Singapore), Emidat (Germany), FuelHub (US), Guidewheel (US), Optocycle (Germany), and Sodex (Austria).
Leaplab offers the start-ups the unique opportunity to connect and closely collaborate with Cemex global operations for the 16-week programme. In addition to running a real-scale pilot, during this period the selected companies will receive personalized mentorship from 80 industry experts and business advisors from Cemex and beyond who will enhance their solutions and support them to scale. This edition’s start-ups have developed promising value propositions deeply connected to sustainability, operations efficiency, and productivity.
‘The construction industry is at a turning point where technological innovation plays a crucial role, and at Cemex we are determined to face this by betting on the talent of these start-ups,’ said Karla Arrambide, Cemex Ventures’ Leaplab manager. ‘Leaplab is a programme that drives the sector’s transformation by connecting high-potential start-ups with Cemex’s experience and resources.’
Throughout the programme, the start-ups will work closely with Cemex pilot teams, validating their technologies at Cemex sites across all business lines, presenting results at the programme’s conclusion, and sharing key learnings with the Cemex executive committee.
Participation in Leaplab not only offers start-ups an exceptional platform to scale their businesses, but upon successful graduation, these companies will also have the potential to sign commercial agreements with various Cemex business units, opening doors to long-term collaboration. Moreover, Cemex Ventures can also consider strategic investments in those that demonstrate positive results and a high potential for scalability, thus consolidating their growth, expansion, and inclusion in the current market.