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CEMEX Ventures

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Investment thesis

CEMEX Ventures is the Corporate Venture Capital and open innovation unit of CEMEX, founded in 2017 with a global focus on fostering the construction industry revolution. The firm invests in, accelerates, and partners with the most innovative, sustainable, and promising startups to drive transformation across four market areas: Green Construction, Enhanced Productivity, Construction Supply Chain, and Future of Construction. Approximately 44% of its portfolio targets sustainability solutions and 35% digital solutions, with investments primarily at Seed and Series A stages in companies across 13+ countries. As Mateo Zimmermann has noted, the thesis has evolved to actively target Cleantech startup solutions with application to construction alongside core construction tech, aligned with CEMEX's own digitalization and sustainability objectives for 2030 and 2050.

Notable quotes

Our value proposition has always been the same since our conception in 2017: to foster the construction industry revolution, however, our scope has changed alongside the evolution of global macro trends, the technology landscape, and the needs of the industry. A good example is that about 5 years ago, when we identified a more decisive move to more Sustainability to help our planet and society, we widened our scope from Construction tech to also actively target Cleantech startup solutions with application to construction.

Mateo Zimmermann Gonzalez · Pulse 2.0 interview · 2024-12-16

We look for the most disruptive solutions according to our four market areas – Green Construction, Enhanced Productivity, Construction Supply Chain, and Future of Construction – to invest in, partner with, and accelerate, so as new technologies appear, we try to operate at the forefront of innovation.

Mateo Zimmermann Gonzalez · Pulse 2.0 interview · 2024-12-16

We have a portfolio of 23 investments, with companies in 13 different countries. These are mostly Seed and Series A investments, 44% of our focus goes to sustainability solutions, while 35% are digital solutions. We plan to continue investing in around 4-5 new companies per year.

Mateo Zimmermann Gonzalez · Pulse 2.0 interview · 2024-12-16

Recent investments

CompanyRoundSizeDate
OptimitiveSeries A$6m2026-02-17
WtEnergy (Waste to Energy Advanced Solutions)Series A$12m2026-02-09
KC8 Capture TechnologiesSeries A2024-07-09
HiiROCSeries A2023-12-21
StructShareSeed2023-03-21
SynhelionSeries A2022-12-15
COBODSeries A2022-07-24
Energy VaultSeries B+2021-04-01
ModulousSeries A2022-09-14
Carbon CleanSeries C2022-01-01

Frequent co-investors

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