Biggest Start-up Construction Competition names 2023 Winners
Construction Start-up Competition 2023, the biggest start-up competition in the construction industry, named its winners today.
The competition’s 7th edition – led by Cemex Ventures and its partners from Black & Veatch, Dysruptek by Haskell, Ferrovial, Hilti, VINCI Group’s Leonard, NOVA by Saint-Gobain, Trimble, and Zacua Ventures – searches for the ‘Builders of the Future’ who are creating a more sustainable, efficient, on time, and innovative construction industry today.
Eight startups were announced as this year’s winners, each corresponding to one of the competition’s four market-driven verticals. In the “Green Construction” vertical, the winners were Firstplanit [United Kingdom] and Vizcab [France]. Frontline [Singapore], FYLD [United Kingdom], and RodRadar [Israel] were the winners of the “Enhanced Productivity” vertical, while Construex [Ecuador] won under the “Construction Supply Chain” vertical. In the “Future of Construction” vertical, the winners were Civ Robotics [United States] and sensmore [Germany].
The eight outstanding finalists will go on to compete for the gold, silver, and bronze medals at Pitch Day 2023, held at Trimble’s Dimensions User Conference on Nov. 7, 2023, in Las Vegas, Nevada.
In addition to the competition’s benefits – pitching to executive representatives, networking with industry leaders, access to capital investment and real-scale pilots – for the first time in the competition’s history, the gold, silver, and bronze medallists will receive cash prizes at Pitch Day. The Construction Start-up Competition winners will also benefit from the opportunity to attend Dimensions which is one of the construction industry’s biggest conferences, to connect with peer start-up founders, innovators, and investors from across the industry.
This year, the Construction Start-up Competition turns 7 years old. Since its kick-off in 2017, the competition has received almost 3,000 applications from over 80 countries, and participating start-ups have gone on to create notable change in the construction industry.
Hosted by Cemex Ventures and its partners, Construction Start-up Competition challenges disruptors in the industry – from large multinationals to early-stage start-ups – to foster collaboration and inspire innovation. A traditionally slow-to-evolve industry, the construction sector is ripe for change.
2023 WINNERS
■ Construex (Ecuador): Construex digitizes construction suppliers across Latin America, offering software tools to suppliers (mostly SMBs) to help them manage their digital presence, find and manage clients, and grow their businesses with data. Real estate developers can find the suppliers they need with Construex, while decreasing time and costs.
■ Frontline (Singapore): Frontline is a construction planning simulation and optimization platform. The company has developed proprietary optimization algorithms that enable construction companies, operators, and contractors to quickly identify best-in-class construction plans with optimal activity sequencing and resource allocation. Their software helps businesses save time and money while improving efficiency.
■ RodRadar (Israel): RodRadar offers an unprecedented technology, Live Dig Radar® (LDR), which automatically detects underground utility infrastructure in real-time, during excavation, without the need for expert analysis, improving construction safety and productivity. Its revolutionary debut product, LDR Excavate™, an excavator digging bucket with integrated LDR radar-imaging technology, accurately detects and alerts the excavator operator of all types of pipes and utilities, including gas, power, communications, fibre-optics, water, oil and chemicals – in different soils and types of substrates.
■ Vizcab (France): Vizcab is the leading 360° Building Carbon Platform, focusing on the embodied carbon impact of materials and Life Cycle Assessment (LCA), offering comprehensive solutions from carbon budgeting to regulatory accounting and reporting. Our services benefit the entire construction value chain, with a primary focus on empowering developers to formulate high-ROI carbon-to-cost strategies. Vizcab harnesses an ever-expanding building carbon data lake encompassing 11 million square meters of construction, simplifying data science and machine learning. They prioritize collaboration and cooperation, exemplified by our API strategy connecting the entire construction ecosystem to our cutting-edge technologies.
