HOLCIM INVESTS IN SUFFOLK TECHNOLOGIES FUND
Holcim, a beacon of sustainable construction, embarks on a momentous journey by announcing its investment as a limited partner (LP) in Suffolk Technologies USD 110 million venture capital fund. This transformative alliance embodies a dual pursuit—carving a path towards sustainability, and nurturing innovation that reverberates across the construction realm, from cutting-edge sustainability ventures to revolutionary artificial intelligence undertakings.
Suffolk Technologies is a leading venture capital investor in construction technologies. Their portfolio flourishes with transformative solutions: realizing verifiable carbon neutrality within structures, trailblazing energy storage solutions that electrify construction sites, and AI-driven marvels that optimize job site dynamics and processes.
As a steadfast supporter of nascent enterprises, Holcim not only provides financial backing but also amplifies their growth prospects by opening the doors to its global technological resources, seasoned expertise, and operational finesse—a triad that holds the key to scaling up to uncharted heights.
Jit Kee Chin
EVP of Suffolk and Co-Founder and Managing Partner of Suffolk Technologies Fund 1
“We are thrilled to have Holcim as an investor in our Fund, supporting the growth of forward-thinking, visionary construction startups and technologies that will help transform the built world.”
Ram Muthu
Head of Strategy
“We are excited to invest in Suffolk Technologies to support the most promising startups at the forefront of innovative and sustainable building solutions. At Holcim we take an active role in the startups we invest in, from deploying our capabilities to giving them access to our operations to maximize their growth. By joining Suffolk Technologies we look forward to empowering disruptive startups to transform how we build, accelerating low-carbon and circular construction, all the way to making buildings more sustainable in use.”
Anchored in an open innovation ecosystem, Holcim champions a global assemblage of startups, fostering a dynamic network to scale up pioneering technologies, propelling the construction industry’s relentless march towards a net-zero emissions horizon.
