Post by Leonard
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🌎 What if the next major wave of innovation in construction came from Latin America? Leonard, Zacua Ventures and Last Week in ConTech are launching The Next Construction Tech Frontier: Latin America, a new report mapping more than 250 ConTech startups across the region and exploring how technology is addressing some of the construction industry’s most pressing challenges: productivity, housing, infrastructure delivery, supply chains, financing, safety and sustainability. The findings point to a market at a clear inflection point. ➡️ A $709 billion construction sector, ➡️ a region with over 667 million inhabitants, ➡️ more than 80% urbanization today (projected to reach 89% by 2050), ➡️ and strong, sustained demand for housing, transport, energy, water and social infrastructure. But beyond its scale, what stands out is the specificity of the ecosystem. Latin America is not simply adopting ConTech solutions developed elsewhere: it is building its own models, shaped by local constraints, mobile-first usage, informal processes, and a strong reliance on relationships and trust. From procurement and embedded finance to field operations, prefabrication and sustainability, a new generation of startups is emerging with solutions designed for how construction actually works in the region. With VINCI already strongly present in the region across construction, concessions, energy and infrastructure, for Leonard, Latin America is more than a market to watch: it is an ecosystem to help shape. 📖 Discover the full report: https://lnkd.in/euutPs9g