Holcim MAQER Ventures

Holcim MAQER Ventures is the wholly owned corporate venture capital arm of Holcim Ltd., the Swiss multinational building-materials company. It invests off Holcim's balance sheet rather than raising external limited-partner capital, and its mandate is tied directly to advancing the parent company's net-zero and digitalization goals.

Eduardo Gomez Mendoza serves as the Head of Holcim MAQER Ventures, leading the unit's investment strategy and operations since its launch in 2021. The investment committee includes senior Holcim operational leaders who can authorize pilot projects inside the company's industrial facilities, making deployment commitments a joint strategic and financial decision.

No. Holcim MAQER Ventures operates as a permanent-capital corporate venture arm rather than a fixed-life fund. It draws investment capital directly from Holcim's balance sheet, which means it faces no pressure to exit positions on a standard venture-fund timeline and can hold assets for as long as they remain strategically aligned.

The unit makes primarily direct equity investments into early-stage startups, from seed through Series B. There is no public record of the unit making fund-of-fund commitments to external venture managers. It also runs the MAQER accelerator, which offers a non-equity pathway for pre-seed startups to test their technology at Holcim sites.

Holcim MAQER Ventures focuses on sectors tied to decarbonizing the built environment: carbon capture and utilization, low-carbon cement and concrete, construction automation and robotics, circular-economy technologies, and digital tools for energy efficiency in heavy industry. The unit avoids generalist software investing unless the startup's output directly improves industrial building-materials production.