Almost 700 construction revolutionaries competed to become the missing piece in the industry during the fourth edition of Construction Startup Competition, the most powerful startup challenge in the construction industry.
This competition has been the prime event of CEMEX Ventures since its beginnings. The first edition was celebrated in 2017 and it has kept getting bigger and more relevant within the ecosystem year after year. Once again, on its fourth edition, the Competition suffers an increase in participation and the quality of the projects. Even more, countries are starting to show more innovative Contech solutions.
Converge, an AI-based construction technology company, has raised over GBP 15 million to digitise, optimise, and decarbonise construction materials and processes responsible for 11% of global CO2 emissions. The round was led by mission-aligned investor OGCI Climate Investments (OGCI CI), a specialist decarbonization investor, with the participation of TO Ventures, and existing investors.
In this final chapter of our series, let’s take a look at how Converge fits into the sustainability picture, helping your company to move beyond offsetting and towards a greener future.