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Was Co 🧱
Building better construction materials with science
So,
Buildings are to blame for a whopping 39% of the world's energy-related carbon emissions!
Crazy, right?
That's 28% just from running them - think heating, cooling, and powering - and another 11% from the materials and construction process.
Let’s talk about that 11%.
Estimated read time: 1 minute 34 seconds

IMAGINE THIS
It's year 2050, and greenhouse gas emissions have led to disastrous climate change.
Green energy alone was not enough to solve this problem.
I mean, think about it: wood for doors, concrete for roads, it's all the same stuff we've used for centuries.
You wonder… if only there was accessibility to sustainable materials dedicated to the construction industry.
Snap back to reality, there’s still time to fix our mess, and thanks to WAS Co… there’s hope.

EXPLAIN IT LIKE I'M FIVE
WAS Co builds sustainable construction materials with science.
Zero Waste Cement: Reduce natural resource exploitation, water usage, and carbon footprint, all while increasing the strength of your cement by 20%.
Contact Formwork: Replaces wood made of 100% recycled plastic and formulated to increase its mechanical properties.
WAS Co's main aim is to help the environment, but they also want to have a positive impact on the economy and society as a whole.

THE ABCs
Industries: Con-tech, Industrial materials, Sustainability
Headquarters: Monterrey, Mexico
Year operations started: 2017
Employees: 12
Raised: (Currently raising - opportunity to invest)
Business model: B2B (business-to-business)
OTHER PLAYERS

BUILDING IN LATAM?

BACKGROUND CHECK
The good stuff
Location: They’re strategically positioned to export their construction materials to the United States.
Sustainability: In 2022, they recycled +1,250,000 kg in plastic, reduced 7,100,000 kg of CO2, and saved 47,000,000 kg of water usage.
Partnerships: They’ve partnered with top Mexican construction companies to test their products.
Innovation: They work closely with industry experts to develop new materials and solutions.
Roadblocks
Production capacity: Building these kinds of materials requires a lot of capital, which means that companies in this industry often have to rely on credit or investments to keep up with customer demand.
Cost: The cheapest and most traditional formwork material is timber. Using WAS Co’s materials can be pricier than other traditional materials.

THE ARCHITECTS
Walter Mata Co- Founder CEO
Fabián RodrÃguez Co- Founder COO
Ricardo Terrazas Co- Founder CSO

WANT TO INVEST?
You can! Hit us up at [email protected] for an intro with the founders.


HEADLINES CORNER
EWA Capital is looking to invest in early-stage startups based in latam.
Mexican fintech startup Clara raised $90 million to expand their operations in Colombia.
Colombian fintech startup Klym raised $27 million in their seed round.
Upload Ventures is raising a new fund focusing on Brazilian and Mexican startups.
PoloPay just launched on YC; If you own a restaurant or coffee shop, hit them up here for 50% off in you’re first two months.

FOUNDERS BOOKMARKS
Stay ahead of the game in LatAm's startup scene with Technopoly - Simon Rodrigues weekly VC newsletter.
Building an AI startup? Here is a list of all the current VCs investing in the industry.
Network effects are crucial for startups. Check this blog post by James Courrier.
GPT-4 was just launched, and the examples of its capabilities are amazing.

And that's a wrap! But don't worry; The fun doesn't have to end here. Keep the conversation going by following us on Twitter @latmstartups