Dealflow | May 23, 2018

Workplace-safety venture gets corporate venture funding from Cemex

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, May 23 – The Mexican startup PRYSMEX provides employers with workplace and wearable sensors and geolocation tools to prevent accidents. Cemex Ventures, the venture capital arm of building materials company Cemex, has invested an undisclosed amount in PRYSMEX.

Construction is one of the most dangerous jobs for Mexican workers. Cemex Ventures invested in PRYSMEX after testing the platform in its own industrial plants in Mexico. “The solution marks a fundamental advance in health and safety for the construction sector,” the firm said.

  • Sensors and analytics… PRYSMEX’s platform monitors impacts, light and noise levels, locations, temperatures, and the presence of toxic gases.