Cemex Ventures, Cemex’s corporate venture capital and open innovation unit, has announced the start of the 2023 edition of Cemex Venture’s Leaplab, its intensive acceleration program for innovative startups. Cemex Ventures Leaplab seeks to connect with and scale-up high-potential startup solutions focused on solving critical challenges faced by the construction industry.
The startup cohort in the 2nd edition Leaplab Acceleration Program 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, decarbonization, and water security. The 2023 cohort will participate in real-scale pilots in close to 100 Cemex sites across 12 different countries during an intensive 14-week period. Over 80 internal and external experts in venture capital, entrepreneurship, and construction 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 Organization 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, digitalization, and urbanization, key strategic challenges faced by the global construction industry.
Cemex Ventures Leaplab is a key component of Cemex’s Future in Action sustainability program and its Digital Innovation in Motion ecosystem, which seeks to promote the development and use of digital technologies for the optimization of production, management, and commercial operations in the construction industry. It also serves as an instrument of Cemex’s Urbanization Solutions business to contribute to the development of more sustainable and resilient cities.
About Cemex Ventures
Launched in 2017, Cemex Ventures focuses on helping to solve the main challenges and capitalize on the opportunity areas in the construction ecosystem through sustainable solutions. Cemex Ventures has created an open and collaborative platform to lead the revolution of the construction industry by engaging startups, entrepreneurs, universities, and other relevant actors to tackle the industry's toughest challenges and shape tomorrow's value ecosystem. For more information about Cemex Ventures, please visit www.cemexventures.com
About Cemex
Cemex is a global construction materials company that is building a better future through products and solutions that focus on sustainability. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the help of new technologies. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies. For more information, please visit: www.cemex.com
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