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Home News Cemex Ventures announces the cutting-edge startups in its 2023 acceleration programme

Cemex Ventures announces the cutting-edge startups in its 2023 acceleration programme

by Guy Woodford
December 1, 2023
in News
Reading Time: 2 mins read
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Cemex Ventures has launched the 2023 edition of Cemex Venture’s Leaplab. Pic: Cemex Ventures

Cemex Ventures has launched the 2023 edition of Cemex Venture’s Leaplab. Pic: Cemex Ventures

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Cemex Ventures, Cemex’s corporate venture capital and open innovation unit, has launched the 2023 edition of Cemex Venture’s Leaplab, its intensive acceleration programme for innovative startups. Cemex Ventures Leaplab seeks to connect with and scale up high-potential startup solutions focused on solving critical challenges the construction industry faces.

The startup cohort in the 2nd edition Leaplab Acceleration Programme will include Introid (Mexico), Mixteresting (Austria), Movener (Chile), Verusen (United States) and Waterplan (United States), five global startups with solutions related to Industry 4.0, electromobility, decarbonisation, and water security. The 2023 cohort will participate in real-scale pilots in close to 100 Cemex sites across 12 countries during an intensive 14-week period. Over 80 internal and external venture capital, entrepreneurship, and construction experts will assume roles as mentors, pilot leaders, and master speakers and assist with solutions testing and enhancement, business advice, educational sessions, and network building.

“Startup acceleration is a key pillar of Cemex’s open innovation strategy since the time to scale the technologies that enable us to build a better future is now,” said Luis Hernández, Executive Vice President of Digital and Organisation Development at Cemex. “By combining the disruptive solutions and agility of startups with Cemex’s extensive industry networks and resources, startup acceleration is a vehicle for tangible innovation generation.”

Cemex Ventures Leaplab is an innovation platform for joint experimentation, co-creation, and transformation between disruptive startups and Cemex, a leading construction materials and solutions company. The value propositions selected for scale-up in 2023 focus greatly on sustainability, digitalisation, and urbanisation, key strategic challenges the global construction industry faces.

Cemex Ventures Leaplab is a key component of Cemex’s Future in Action sustainability programme and its Digital Innovation in Motion ecosystem, which seeks to promote the development and use of digital technologies to optimise production, management, and commercial operations in the construction industry. It also serves as an instrument of Cemex’s Urbanisation Solutions business to contribute to the development of more sustainable and resilient cities.

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