Titan Group is expanding its venture capital portfolio and further accelerating its innovation strategy. In line with its digitalisation, innovation, and sustainability goals, the group has invested in C2CA Technology, a startup specialising in waste concrete upcycling, Concrete.ai and Optimitive, two companies pioneering digital transformation in cement and concrete manufacturing, and Fifth Wall, a leading venture capital firm focussed on technology for the real estate industry.
Leonidas Canellopoulos, Titan group’s chief innovation and sustainability officer, commented: “Our latest investments exemplify our dedication to supporting disruptive technologies and startups with the potential to transform our industry. These investments will reach approximately EUR40m mid-term and enhance our competitiveness while accelerating the integration of innovative technologies and materials into our operations, products, and solutions. Looking ahead, we are actively exploring options to expand our investment capacity, including potential partnerships for a larger fund to address more advanced opportunities.”
Titan’s investments in Optimitive and Concrete.ai further advance the group’s already strong track record of leveraging digital tools to enhance its productivity and efficiency and to expedite the accomplishment of its sustainability goals.
With the investment in Optimitive, a European-based business, Titan enhances its pioneering position in the field of AI-driven real-time optimization of industrial processes, signaling its strong conviction that digital solutions can transform cement and other heavy industries. Concrete.ai is a US-based company at the forefront of using Artificial Intelligence (AI) and Machine Learning (ML) in the design and production of concrete.
Investment in Fifth Wall
Titan’s investment in Fifth Wall, the largest US-based asset manager investing at the intersection of real estate and technology, highlights its commitment to scaling innovation for a sustainable future. Fifth Wall, with an established track record of fostering transformative technologies, supports startups and scale-ups that address critical challenges, including decarbonisation, circular economy solutions, smart building technologies, and optimisation of real estate assets and processes.