Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff
A new Cemex corporate unit will focus on innovation, technology and venture capital as they drive construction industry evolution. Looking beyond core cement, concrete and aggregate businesses, Cemex Ventures will open an inaugural call later this month for startups, entrepreneurs, innovators, and entities exploring new opportunities in:
Read MoreA key player in technology-targeted venture capital, Kleiner Perkins Caufield & Byers (KPCB) has led a third or Series C Round of funding for New Jersey-based Solidia Technologies, whose integrated cement and concrete production and curing processes lower net carbon dioxide emissions when measured against portland cement alternatives. KPCB, Bright Capital, BASF and BP have recommitted to the business in the current round, and are joined by Lafarge Group and another French entity, Total Energy Ventures; and, Sun Microsystems cofounder Bill Joy, who has served on the Solidia board as a KPCB partner.