About CEMEX Ventures
CEMEX Ventures is a venture capital firm founded in 2017. It is primarily based out of Madrid, Spain. As of Feb 2026, CEMEX Ventures is an active investor, having invested in 24 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in Spain based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Environment Tech and Real Estate and Construction Tech. Most recently it participated in the $***** Series A round of Optimitive Overall, CEMEX Ventures portfolio has seen 1 IPO and 1 acquisition, namely Energy Vault and StructionSite. A lot of funds co-invest with CEMEX Ventures, with names like CEMEX sharing a substantial percentage of its portfolio. CEMEX Ventures has team of 18 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
CEMEX Ventures' List of Top Investments
CEMEX Ventures has a portfolio of 24 companies. Their most notable investments are in WtE-As and LIN KX Global.Their portfolio spans across United States, Spain, United Kingdom and 8 more locations. They have invested in Enterprise Applications, Environment Tech, Real Estate and Construction Tech, Environment Tech and 9 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by CEMEX Ventures:
1. Carbon Clean
Developer of technology for industrial carbon capture and utilisation solutions. The company provides modular solutions optimised for industrial environments. Its technology aims to reduce emissions and enable carbon reduction goals. The company offers patented technology and supports deployment of carbon capture.
Key facts about Carbon Clean
- Founded Year: 2009
- Location: London (United Kingdom)
- Annual Revenue: £6M as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $243M
- Employee Count: 196 as on Jan 31, 2026
- Investors: Gov.uk, Marubeni and 61 Others
- Latest Funding Round: Grant (prize money), May 31, 2022, $*****
- Highlight: Editors' Pick
2. HiiROC
Hiiroc provides solutions for hydrogen generation and storage. It produces hydrogen through a plasma process and transforms methane into hydrogen and solid carbon. It splits the hydrogen from the carbon in natural gas without combustion and oxygen.
Key facts about HiiROC
- Founded Year: 2019
- Location: Hessle (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $49.9M
- Employee Count: 104 as on Apr 30, 2024
- Investors: Hyundai Motor Company, Kia and 21 Others
- Latest Funding Round: Series A, Dec 21, 2023, $*****
- Highlight: Editors' Pick
3. Energy Vault
Provider of energy storage solutions encompassing battery, gravity, and hydrogen technologies. The company delivers hardware, software, and service solutions designed for scalability, flexibility, and adaptability. Its products include battery energy storage systems, gravity energy storage, and hydrogen energy storage. The company’s software provides real-time monitoring, operational control, and optimized dispatch across an array of energy assets.
Key facts about Energy Vault
- Founded Year: 2017
- Location: Lugano (Switzerland)
- Annual Revenue: $46.2M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $110M
- Employee Count: 179 as on Jan 31, 2026
- Investors: Neuberger Berman, SoftBank Vision Fund and 18 Others
- Latest Funding Round: Post IPO, Oct 09, 2025, $*****
- Highlight: Public
4. CUT
Manufacturer focuses on advanced carbon-based building materials. It develops materials suited for concrete and similar construction applications using methods that incorporate captured carbon. Its work supports a range of structural needs through alternatives designed for durability and performance.
Key facts about CUT
- Founded Year: 2014
- Location: Calgary (Canada)
- Stage: Series A
- Total Funding till date: $50.9M
- Employee Count: 11 as on Jul 01, 2024
- Investors: Clean Energy Venture Group, Climate Investment and 25 Others
- Latest Funding Round: Series A, Jun 18, 2025, $*****
- Highlight: Editors' Pick
Key facts about deliver better
- Founded Year: 2016
- Location: Ottawa (Canada)
- Stage: Series A
- Total Funding till date: $23.5M
- Employee Count: 51 - 200 as on Jul 17, 2025
- Investors: Builders VC, I2BF Global Ventures and 10 Others
- Latest Funding Round: Series A, Dec 14, 2020, $*****
- Highlight: Editors' Pick
CEMEX Ventures' Year-on-Year Investment Trends
CEMEX Ventures has invested in 24 companies over the last 9 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in Optimitive and most recent follow-on round was in Optimitive.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 2 | 2 |
2025 | 2 | 2 | 4 |
2024 | 1 | 1 | 2 |
2023 | 2 | 2 | 4 |
2022 | 5 | 3 | 8 |
2021 | 3 | 3 | 6 |
2020 | 1 | 1 | 2 |
2019 | 3 | 0 | 3 |
2018 | 5 | 0 | 5 |
2017 | 1 | 0 | 1 |
CEMEX Ventures' Investments by Stage
CEMEX Ventures has made 13 investments in Seed stage with an average round size of $3.97M, 7 investments in Series A stage with an average round size of $12.4M, 2 investments in Series B stage with an average round size of $17.5M and 1 investment in Series C stage with an average round size of $190M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 7 |
Series B | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
CEMEX Ventures' Investments by Sector
CEMEX Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Real Estate and Construction Tech, Environment Tech, Sustainability Tech and High Tech. Notably, it has invested in 23 Tech companies, 22 Enterprise (B2B) companies, 14 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
Real Estate and Construction Tech | 12 |
Environment Tech | 11 |
Sustainability Tech | 10 |
High Tech | 9 |
Others | 28 |
Note: We have considered here, only first round of investments
CEMEX Ventures' Investments by Geography
CEMEX Ventures has made most investments in Spain (4), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Spain | 4 |
United States | 4 |
United Kingdom | 3 |
Canada | 2 |
Chile | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
CEMEX Ventures' recent investments
CEMEX Ventures has made 2 investments in 2026 so far - Optimitive and WtE-As.Here are the most recent investments by CEMEX Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 17, 2026 | Spain | Series A | 4233 | [+1] | |
Feb 09, 2026 | Spain | Series B | 2677 | [+1] | |
Jul 02, 2025 | United States | Series B | 2741 | [+6] | |
Apr 22, 2025 | Spain | Series A | 5051 | - | |
Mar 25, 2025 | United States | Series B | 3722 | - |
IPOs and Publicly Listed companies in CEMEX Ventures' Portfolio
1 of CEMEX Ventures' portfolio company became public - Energy Vault. It got listed on the New York Stock Exchange (NYSE), in Apr 2021.Here are CEMEX Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 01, 2021 | May 17, 2019 | Series A | 3808 |
Acquired companies in CEMEX Ventures' Portfolio
1 company from CEMEX Ventures' portfolio has been acquired. The most recent acquisition were StructionSite in Oct 2022 by DroneDeploy.Here are CEMEX Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 12, 2022 | Nov 29, 2018 | Seed | 9823 |
Team profile of CEMEX Ventures
CEMEX Ventures has a team of 18 members including 3 Partners, 2 Venture Partners and 4 Principals located in Spain, Mexico and 1 more location. CEMEX Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in CEMEX Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Madrid | - | ||
Partner | Madrid | - | ||
Partner | Tanzania | - | - | |
Venture Partner | Madrid | - | ||
Venture Partner | Madrid | - | - | |
Principal | Mexico | - | ||
Principal | Spain | - | - | |
Principal | Mexico | - | - | |
Principal | Spain | - | - |
Co-investors of CEMEX Ventures
Over the past 9 years, 131 investors have co-invested in CEMEX Ventures's portfolio companies. This includes funds and angels.
- Invested before CEMEX Ventures: Europa, EIC Fund and 25 others have invested in rounds before CEMEX Ventures. There is 1 company where Europa has invested before CEMEX Ventures and 1 company where EIC Fund has invested before CEMEX Ventures.
- Top Co-investors of CEMEX Ventures: 45 investors entered a company along with CEMEX Ventures. These include investors like CEMEX (2 companies).
- Invested after CEMEX Ventures: A total of 59 investors have invested in CEMEX Ventures's portfolio after their investments. Top Investors include CEMEX (2 companies), GroundBreak Ventures (2 companies) and Gov.uk (1 company).
Recent News related to CEMEX Ventures
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Optimitive completes a €5 million Series A funding roundEl Referente•Feb 17, 2026•Suma Capital, CEMEX Ventures, Optimitive, TITAN
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WtEnergy Secures €10 M To Expand Industrial Waste And Biomass Energy RecoveryStartup Rise EU•Feb 09, 2026•NetZero, CEMEX, Shell, Suma Capital and 2 others
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Terra CO2 secures US$125m for SCM fundingInternational Cement Review•Aug 13, 2025•Breakthrough Energy, GenZero, Just Climate, Terra CO2 Technologies and 6 others
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Cemex Ventures Launches Leaplab to Drive Construction InnovationMy Startup World•Apr 09, 2025•CEMEX Ventures
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Cemex Ventures invests in Terra CO2Capital-Riesgo.es•Mar 25, 2025•CEMEX, CEMEX Ventures, Terra CO2 Technologies
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Soil Connect Secures Funding, Launches New Products, and Welcomes New CEOintelligence360•Feb 05, 2025•Soil Connect, Heartland Ventures, CEMEX Ventures, AM Ventures and 1 other
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Cemex Ventures unveils the Top 50 most groundbreaking Contech startups of 2025World Cement•Jan 30, 2025•CEMEX Ventures
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