Cemex Ventures, the venture capital arm of Mexican building materials company Cemex, has emerged as a leading investor in construction tech startups over the past eight years. Notable investments include a digital marketplace for excavation materials, a carbon recovery system, and a safety device for hard hats. Investment manager Mateo Zimmermann emphasizes the industry’s technological gaps and opportunities for growth. Cemex Ventures has invested in 25 startups, focusing on innovations that enhance productivity, sustainability, and safety. Despite challenges in the broader market, investment in construction tech has increased, with Cemex expecting growth in 2024.