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Cemex reveals Top50 ConTech Startups list

Cemex Ventures has released its yearly Top50 ConTech Startups list, a selection of the top solutions in the construction technology ecosystem, and the most promising for 2022.
By Ben Spencer December 2, 2021 Read time: 2 mins
Cemex Ventures Top50 ConTech Startups list construction technology ecosystem
Cemex Ventures says North America and Europe are the leading regions from the selection (Image credit: Cemex Ventures)

Cemex Ventures says investment in the ConTech environment reached record levels this year, with over $4.5 billion invested in 2021 (up to date), tripling the amount invested in 2020.

According to Cemex Ventures, this year will end with a significant increase on investment, and it also tops the list as the one with most funding rounds and acquisitions made within the Contech ecosystem.

From the selection, North America and Europe are the leading regions, with the US being the country with the most companies in the list. Other regions include Latin America, the Middle East and Asia-Pacific, with United Kingdom, Germany, and Israel.

Of the startups, aerial robotics company Apellix is creating computer-controlled unmanned aerial vehicles to perform the dangerous work required for infrastructure construction and maintenance.

The list also includes the AI Clearing digital project progress report Software as a Service platform and Atlas Group’s data platform and search engine for the construction sector.

Gonzalo Galindo, head of Cemex Ventures, says: “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.”

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. Some are undergoing projects with companies in the construction ecosystem and will continue making highlights in the coming year.

For more information on companies in this article

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