Building materials company CEMEX has announced its investment in global early-stage sustainable construction venture fund Zacua Ventures.
The venture fund aims to tackle the construction industry’s biggest challenges in sustainability, productivity and urbanisation, seeking to search and explore the understanding of new technologies for the industry.
CEMEX joins other investors including ANDRES Construction, GS Futures, Progreso X and SABANI Building Materials Group.
Gonzalo Galindo, Head of CEMEX Ventures said: “As pioneers in the construction industry’s transformation, we are happy to be part of this investment vehicle to seek innovative solutions that help boost productivity, sustainability and urbanisation.
“The collaboration and synergy between the involved partners will help further accelerate our efforts.”