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Spain: Cemex’s venture capital unit Cemex Ventures announced the launch of its second LeapLab accelerator programme for high-potential start-ups on 30 November 2023. The programme introduces a cohort of five start-ups from around the globe, which will carry out pilot-scale tests of their technologies across 100 Cemex sites in 12 different countries. Throughout the process, experts from Cemex and partner organisations will support the work of the start-ups as mentors, pilot leaders, speakers and assistants, as well as providing business advice and support in network building. The selected start-ups are AI technology developers Introid, Mixteresting and Verusen, hybrid vehicle fuel optimisation company Movener and water monitoring specialist Waterplan.

Cemex’s executive vice president of digital and organisation development Luis Hernández said “Start-up acceleration is a key pillar of Cemex’s open innovation strategy, since the time to scale the technologies that enable us to build a better future is now. By combining the disruptive solutions and agility of start-ups with Cemex’s extensive industry networks and resources, start-up acceleration is a vehicle for tangible innovation generation.”