- Investment in the Contech ecosystem reached record levels in 2021, with over $4.5 billion USD invested up to date. The previous record was set in 2018 with $1.8 billion USD invested.
- Greener construction became the strongest category this year and enhanced productivity, supply chain management and disruptive solutions for the future maintain their growth.
CEMEX Ventures, CEMEX's Corporate Venture Capital and Open Innovation unit, released today its yearly TOP50 ConTech Startups list. The selection features 2021´s top 50 solutions from the construction technology ecosystem from around the world, and the most promising for 2022.
Investment in the ConTech environment reached record levels this year, with over $4.5 billion USD invested in 2021 (up to date), tripling the amount invested in 2020. This record-breaking year will end with a significant increase in investment, and it also tops the list as the one with most funding rounds and acquisitions made within the Contech ecosystem.
The new pain points in the industry and CEMEX Ventures commitment to finding solutions that tackle these challenges made the corporate venture capital renew its operational areas and debut new categories in the Top 50 ConTech Startups 2021 list: green construction, construction supply chain, enhanced productivity, and construction's future is now.
From the selection, North America and Europe are the leading regions, being the United States the country with the most companies in the Top 50 ConTech Startups 2021. Other regions in the list include Latin America, the Middle East, and Asia-Pacific. The United Kingdom, Germany, and Israel have more participants selected in the list as these countries are driving significant investment for the ConTech ecosystem.
"As we predicted last year, sustainable solutions saw a spike in investment from leading companies and investors. We will continue seeing this trend in 2022, as well as more companies betting on solutions that help deal with the supply chain hurdles that the industry is experiencing. Supply chain management had been struggling pre-pandemic and with COVID-19, the challenges increased," said Gonzalo Galindo, Head of CEMEX Ventures.
During 2021, the startups from the 2020 list participated in multiple investment rounds, some even now being part of CEMEX Ventures' investment portfolio or working closely with CEMEX. Likewise, some are undergoing projects with leading companies of the construction ecosystem and will continue making highlights in the coming year.
For more information on the 2021 TOP 50 Construction Technology Startups list, please visit: www.cemexventures.com/top-50.
Startup | Description | Country |
AI Clearing | Digital project progress reporting SaaS platform that integrates several data sources to offer fully automated insights for infrastructure & energy. | United States |
Apellix | Aerial robotics company, creating computer-controlled UAVs to perform the dirty and dangerous work required for infrastructure construction and maintenance. | United States |
ATLAS Group | AI-powered data platform and search engine for the construction sector. | United Kingdom |
bex technologies | Last mile delivery and logistics platform for the construction industry. | Germany |
BRC Swiss | Pile-head cutting problem solution that uses revolutionary new technology. | Switzerland |
Carbix | Transforming CO2 into building materials. | United States |
Ception | AI-powered system for mobile heavy equipment that improves safety, productivity, and sustainability. | Israel |
Circularise | Blockchain enabled platform that traces materials and products to verify the origins, certificates, CO2 footprint and other material data throughout their whole supply chain. | The Netherlands |
Concular | Recirculation of construction material through AI-based matching and GHG measurement with a life cycle assessment. | Germany |
Conxai Technologies | No-Code AI to accelerate the digital transformation in the AEC industry. | Germany |
Cosuno | Cloud-based software that streamlines the bidding and tendering processes of any construction project. | Germany |
Cover | Developers of first custom home building process that can scale to solve the housing crisis. | United States |
CRDC | Fine synthetic aggregate product lines to create a zero waste and emissions reduced symbiosis between advanced waste plastic management and the entire scope of the concrete industry. | Costa Rica |
Cuby Technologies | Onsite mini factories for better building construction. | United States |
Document Crunch | Web-based platform that immediately finds and provides important provisions in contracts and other documents, saving time and money while making the industry smarter and better able to manage construction projects. | United States |
Eiravato | Systemic software solution enabling commercially driven transformation of waste into resources. | Ireland |
GAUSS Control | Holistic solution to predict and reduce accidents in risky operations. | Chile |
GoContractor | Online subcontractor onboarding and safety management platform. | Ireland |
HiiRoc | Step-change technology for low-cost, zero-emission hydrogen production. | United Kingdom |
Hovering Solutions | Autonomous flying drones for underground and indoor inspections, capable of flying without GPS or any radio signal, generating 3D model of the infrastructure. | Spain |
hyperTunnel | InfraTech startup with a patented process to build, repair and expand tunnels for transportation, utilities, mining, and underground assets. | United Kingdom |
InnoCSR | Disruptive material technology company producing Soil Stabilizer that binds soil and cement together. | South Korea |
InStock | Collaborative platform to track all construction products in real time. | India |
JustManage | Automated construction scheduling | Israel |
Madaster | Disruptive online cloud platform providing a one stop access point to leverage materials and property data. | The Netherlands |
Mastt | ConTech SaaS solution that helps building & infrastructure owners make faster project decisions, preventing cost and time blowouts, and stopping risks before they occur. | Australia |
Minolite | Transforming glass waste into sustainable construction materials | Switzerland |
Module | Building the future of attainable housing with better products & process. | United States |
Modulize | Offsite construction (OSC) platform powered by calculation and design automation. | Norway |
Nodes & Links | AI-based platform to create smart machines to automate project management. | United Kingdom |
PartRunner | Last-mile deliveries for the "big & bulky". | United States |
PLINX | Safety system designed to make construction sites smarter and safer. | United Kingdom |
ProcurePro | Digital procurement & subcontract management software for contractors that increases quality, efficiencies, and profitability. | Australia |
QuoteToMe | Solution that digitizes the procure-pay workflow for building materials, equipment, and site services. | Canada |
RatedPower | Automation optimization of the study, analysis, design, and engineering of photovoltaic plants in all its stages. | Spain |
Rockease | B2B marketplace and digital tools to procure and deliver aggregates for construction professionals. | France |
Ruedata | Machine learning solution to reduce tire expenses and CO2 emissions for fleet vehicles. | Mexico |
SafeAI Inc | Global autonomous heavy equipment leader focused on transforming existing heavy industry machines into self-operating robotic assets. | United States |
SiteHive | Real-time environmental management for today's world, providing an integrated hardware and software solution for the pro-active management of environmental impact. | Australia |
SkyMul | Modular robots to accelerate construction with nimbleness and scalability. | United States |
SMART CAST | Disruptive off-site construction method for MEP integration in concrete slabs. | France |
StructShare | Infield procurement and material management solution purpose-built for specialty contractors. | Israel / USA |
Synhelion | Synhelion produces solar fuels to decarbonize industries. | Switzerland |
Tellux | Artificial Intelligence and hyperspectral imaging for analyzing polluted soils. | France |
The Building Machines Company | Additive manufacturing technology that uses a robotic system to improve the creation of solid precast concrete structures and its components. | United States |
ThroughPut | AI orchestration software that enables teams to leverage on existing industrial data systems across the entire end-to-end supply chain. | United States |
Trusstor | Data-driven SaaS solution for the construction industry that helps enhance site efficiency and safety, increasing profit margins and savings. | Israel |
Unilite | Patented recycling technologies that turn multiple waste streams into high-performance lightweight aggregate. | Taiwan |
WASTEBOX | Waste management platform that connects construction companies directly with haulers and disposal sites. | Austria |
Yardlink | Procurement platform to digitize the construction supply chain. | United Kingdom |
