CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, is investing in COBOD, a global leader in construction-grade 3D printers.

This investment is part of CEMEX´s strategy to deliver a superior customer experience enabled by digital technologies.

CEMEX and COBOD have been working together over the last year to innovate in the 3D printing space. Through this partnership, they recently introduced the first ever 3D printing solution that utilises conventional ready-mix concrete in the building process. The solution can deliver significant savings versus traditional 3D printing construction methods and materials and has been implemented in several geographies.

Through this investment, CEMEX will strengthen its ability to use 3D printing technology and add another avenue to address housing needs. CEMEX and COBOD also intend to further develop innovative material solutions and building performance enhancements for 3D printing applications.

You can read the full press release here