CEMEX Ventures, together with Dysruptek, Ferrovial, GS Futures, Hilti, VINCI Group's Leonard and NOVA by Saint-Gobain, celebrated the Pitchday event on Thursday for the 10 winners of the Construction Startup Competition 2021. Each startup had the opportunity to present its projects to a jury of top representatives of each organizing company, as well as an audience of experts in construction, investment, and innovation.
The Pitchday took place in Miami during the BuiltWorlds 2021 Venture East Conference event, where Document Crunch, was chosen as the gold medalist of the 2021 edition.
The 10 winners submitted the most promising solutions within five categories: carbon footprint mitigation, supply chain optimization, efficiency in the jobsite, advanced building materials and new construction methods.
- Document Crunch (United States)- AI-powered software to identify and explain critical issues in construction contracts.
- AI Clearing (United States)- SaaS platform that seamlessly integrates several data sources into BI systems to provide digital insights.
- hyperTunnel (United Kingdom)- Patented new method to build and renew tunnels and underground infrastructures.
- Nodes & Links (United Kingdom)- AI-based platform to create smart machines to automate project management.
- ObraLink (Chile)- Data collection system to automate critical construction site activities such as concrete poured and formwork.
- Presien (Australia)- AI vision systems to free heavy industries from the risks that threaten the safety of their people and business.
- ProcurePro (Australia)- Digital subcontractor procurement platform to close the digital gap between bids & commitments.
- RatedPower (Spain)- Cloud-based software to carry out the design and engineering of utility-scale solar photovoltaic plants.
- Schüttflix (Germany)- Platform to order, transport, deliver and dispose of bulk material 100% digitally.
- WASTEBOX (Austria)- Digital waste management platform to automatically connect customers with the right disposal partner for their project.
CEMEX’s corporate venture capital reaffirms its position in the Contech ecosystem with initiatives like this challenge, a key event for the industry, which has seen more than 2,000 participants since its first edition. In the past two years, the Construction Startup Competition gained even more traction by including the six other leading companies, which share the same vision and desire for innovation in the sector. This collaboration and joint effort increase the possibility of future engagements and contact with potential customers for all the participants.
Through the years, the quality and solutions that have emerged for construction have increased significantly, and investment figures in Contech continue to rise, reaching a record-breaking figure of more than $2 billion to date in 2021.
