Eight startups have been selected as the winners of the Construction Startup Competition 2022, the global challenge initiated by CEMEX Ventures and supported by Leonard and a growing number of global leaders in innovation in construction: Black & Veatch, Dysruptek by Haskell, Ferrovial, GS Futures, Hilti, NOVA by Saint-Gobain, Procore, and Zacua Ventures. In the category of Green Construction, the winners are the innovative carbon negative cement technology Carbon Limit (US) and the platform 2050 Materials (UK). Artificial Intelligence powers the two winners of the Enhanced Productivity category Exodigo (US) and Constru.ai (Israel). The Construction Supply Chain vertical was conquered by the dirt & aggregates marketplace Soil Connect (US) and the procurement platform Cathago (Germany), while the Construction’s Future is Now vertical winners were Loris’s (US) next generation light towers and the innovative cast in place concrete buildings technology of Automatic Construction (US).
In two weeks’ time, on November 9, 2022, the competition’s eight winners will compete by pitching their solutions to a jury of 10 representatives of the competition partners during Procore’s GroundBreak conference in New Orleans, United States. Following the pitches, four gold medalists will be selected in the competition’s four opportunity areas. The winning solutions will be awarded the unique opportunity to develop entrepreneur to entrepreneur relations with key industry leading corporations, exhibitors, and startups, and take advantage of the extensive exposure from the full-access three-day conference.
Julien Villalongue, Managing Director of Leonard, the VINCI Group’s foresight and innovation platform, said:
“An award like Construction Startup Competition is a true accelerator for construction technology. It reveals amazing entrepreneurs and innovation talents in our industry. Also, the growing number and the high level of applications have nurtured extensive debates between the 10 partnering industry leaders. The future of the construction industry is already here! We would like to thank the startups for their involvement and we look forward to seeing you on November 9th for the grand finale.”
The 8 Construction Startup Competition 2022 winner
- 2050 Materials (United Kingdom) - Platform to find, compare, and specify sustainable building products to save time and money at any project stage. https://2050-materials.com/
- Automatic Construction (United States) - Cast in place concrete buildings at 1/5th the cost using pre-fab inflatable concrete formwork: https://automatic-construction.com/
- Carbon Limit (United States) - Carbon negative cement technology that reduces the carbon footprint of concrete & turns it into a CO2 sponge: https://www.carbonlimit.com/
- Cathago (Germany) – Purchase2Pay platform connecting the procurement department, construction site, and external suppliers – from requisition over invoice verification to payment: https://www.cathago.de/
- Constru (Israel) – AI-powered construction solution that turns captured imagery into insights for better data-driven decision making: https://www.constru.ai/
- Exodigo (United States) – Cutting-edge sensors and AI technology that identifies utilities and other underground entities accurately without the need to dig: https://www.exodigo.com/
- Loris (United States) – Portable, battery-powered light towers to instantly deliver safety, security, WiFi, and transparency to job sites: https://www.getloris.com/
- Soil Connect (United States) – Dirt & Aggregates Marketplace that connects those who have soil and aggregates with those who need it: https://www.soilconnect.com/
About construction startup competition
Since its first edition in 2017, startups from more than 80 countries have participated in the biggest challenge aimed at startups in the construction industry, the Construction Startup Competition. Plenty of them have gone on to collaborate with the participating companies after applying for the competition. Given the global outreach of its partners, the 2022 edition expects to see an increase in the number of applications, to identify the most innovative solutions around the world, continue growing the Contech ecosystem, and implementing the innovative plans for the sector.
For more information, please visit: https://www.cemexventures.com/constructionstartupcompetition/
For more information on Construction Technology in Europe, read Sifted and Leonard’s 2021 exclusive report: https://leonard.vinci.com/en/leonard-and-sifted-publish-exclusive-report-on-contech-in-europe/
