Once 2024 concluded, we witnessed the first indicators of stabilization in Contech investment, a year in which the number of deals reached 325, indicating an approximate increase of 38% compared to 2023, which reported 236 deals. The total amount invested also increased, but only by 2% compared to the previous year (2023: $3.03b, 2024: $3.1b). The comparative data indicates that investors were far more active than in 2023, with a substantial rise in the number of deals in early-stage startups. It’s worth highlighting that the Q4 increase in investment, the highest activity of the year on a quarter-over-quarter (QoQ) basis in 2024, sends a strong signal reinforcing the confirmation of this stabilization and potential further improvement. Contech remains one of the most untapped sectors within venture capital, presenting considerable opportunities for forward-thinking investors. Over the years, it has grown with small but steady steps, with its share increasing from 0.6% of total VC funding five years ago to over 1.1% in 2024 (Total VC investment 2024: $274.6b). Considering the construction industry accounts for approximately 14% of global GDP —one of the most pivotal sectors worldwide— and the fact that there are still plenty of opportunities for improvement in productivity and technology
adoption, Contech’s share of total VC investments, while growing, remains extremely small compared to the industry’s overall scale. This highlights a clear reality: There is plenty of room to grow for Contech.