As the world’s population continues to grow, the demand for construction and building materials is on the rise. In order to meet this demand and drive innovation in the industry, our member CRH is turning to strategic investments in startups through their corporate venture funds.
CRH will venture $250m corporate funds for technologies that produce sustainable building materials and will support clean energy technologies such as Carbon Capture and Utilisation (CCU).
Thanks to CRH’s extensive experience in the construction and building materials industry, startups can benefit not only from funding but also from valuable expertise, access to industry networks, and potential partnerships.
The construction and building materials industry is ripe for innovation, with startups tackling challenges such as sustainable materials, automation, and digitisation.
Focusing on these sectors is good news for the industry as a whole, as it can lead to more efficient, sustainable, and cost-effective solutions.
If you’re a startup working in the construction or building materials industry, be sure to keep an eye on CRH Ventures and consider applying.
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