Top 20 VC Funds and Angel Investors in Chile

Chile's startup ecosystem has emerged as a vibrant and promising hub for entrepreneurs and innovators, offering a unique blend of government support, access to capital, and a thriving entrepreneurial community. Currently ranked 2nd in South America and 36th in the world, Chile has transformed itself into a wealthy and stable nation, making it an ideal destination for startups looking to establish and grow their businesses. In this article, we have compiled a comprehensive list of the top VC funds and angel investors in Chile that may be the right funding partner for you.

Why Should You Raise Funds in Chile?

Startups should consider raising funds in Chile for the following reasons:

1. Comprehensive Support and Resources:

The Chilean startup ecosystem offers comprehensive support beyond just funding. There are a number of startup accelerators and incubators in Chile where startups can benefit from training, office space, and access to resources like legal and tax services. This support system helps startups navigate various challenges and areas of expertise, such as human resources management and financial planning. Furthermore, these programs have established connections with global innovation ecosystems, which provides startups with the opportunity to tap into international networks and access potential markets beyond Chile's borders.

2. Strong Government Backing:

The Chilean government is highly supportive of startups and has implemented various policies to foster innovation and entrepreneurship. This includes streamlined processes for business registration, intellectual property protection, and access to government grants and incentives. For example, the government launched the National Productivity and Innovation Fund (FONAPI), which provides funding to startups and innovative projects. Additionally, the government has set up initiatives like the "Start-Up Chile Seed Program" to attract and retain top talent from around the world, further demonstrating its commitment to creating a thriving startup ecosystem

3. Access to Regional and Domestic Markets:

Chile offers startups access to both the domestic and regional markets. With excellent digital infrastructure and a population of early adopters, startups can test their business models and quickly pivot to meet market demands. This access to markets allows startups to validate their ideas and expand their operations

Venture Capitalist Funds in Chile

The venture capitalist funds below are actively looking for investments in promising companies throughout various stages and sectors. The stages stated do not limit the possibility of getting funding if your company is at any stage other than what is listed.

Magma Partners

• Year of Inception: 2014
• Stage: Pre Seed, Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Nuvocargo, Billpocket, DeltaX, Paisa, Payform
• Contact

Magma Partners is an early-stage venture capital firm that specializes in finding, investing in, and supporting technology startups in Latin America. With a focus on helping these startups launch and scale in both the US and Latin American markets, Magma Partners has become a prominent player in the startup ecosystem.

devlabs

• Year of Inception: 2013
• Stage: Pre Seed, Seed, Series A
• Focus: Software, Agriculture, Renewable Energy
• Notable Portfolio: Krypto Ledgers, Videsk, Altum Lab, Colektia
• Contact

With a focus on North America, South America, and the Caribbean, Devlabs aims to support high-growth companies that are using market-driven solutions to solve large-scale problems in the software, energy, and agri-business sectors.

30N Ventures

• Year of Inception: 2023
• Stage: Seed, Series A
• Focus: Fintech, Foodtech, Retail
• Notable Portfolio: Foodology
• Contact

30N Ventures is a venture capital firm that is dedicated to supporting and investing in the fastest-growing economies below the 30°N latitude. Inspired by the Brandt Line, they focus on three industries - Fintech, Foodtech, and Retail - and three regions - Latin America, Southeast Asia, and Africa. Their mission is to ignite the potential in emerging markets and create an equitable and sustainable future.

Impacta VC

• Year of Inception: 2021
• Stage: Seed, Series A
• Focus: Impact
• Notable Portfolio: Betterfly, Wheel the World, Kilimo, Airbag
• Contact

Impacta VC is an emerging venture capital firm with a focus on driving positive impact through strategic investments. Impacta VC aims to bridge the funding gap in the seed and pre-Series A investment landscape, supporting entrepreneurs in America and other emerging markets.

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‍güil Mobility Ventures

• Year of Inception: 2019
• Stage: Seed, Series A
• Focus: Mobility
• Notable Portfolio: Galgo, Kupos, Awto
• Contact

güil Mobility Ventures is a corporate venture capital firm that focuses on developing and co-creating extraordinary mobility startups in Latin America. güil Mobility Ventures creates and invests in ventures that aim to co-develop innovative mobility solutions. The firm also offers a 14-week accelerator program specifically designed for global mobility startups interested in expanding into the Latin American market.

Aurus Capital

• Year of Inception: 2008
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Ceibo, Vortex, Minesense, EcoSea, Junar
• Contact

As an investor and mentor, Aurus Capital offers guidance, best practices, and mentorship programs with industry experts for their portfolio firms. They leverage their extensive network for business development, market intelligence, and sales support, helping portfolio companies to grow and succeed.

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Beagle Ventures

• Year of Inception: 2016
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Rankmi, Gemco, Preview, Expetitle
• Contact

Beagle Ventures is a venture capital firm founded by Pablo Vicuña and Pedro Cabezon Marin. With a portfolio of four companies, Beagle Ventures' dedicated team of two partners brings their expertise and experience to the table. The firm's primary goal is to identify promising startups and provide them with the necessary resources and guidance to thrive in the competitive market.

Dadneo Capital

• Year of Inception: 2017
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Moovin, Turingo, Bsports
• Contact

Dadneo Capital is a venture capital firm that plays a vital role in enhancing the ecosystem of entrepreneurship and innovation in Latin America. The firm has an impressive portfolio of 20 companies, reflecting their commitment to supporting and nurturing promising startups.

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GG Capital

• Year of Inception: 2021
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Zumma, Lineup, Outtrip, Loopay, MyPay
• Contact

GG Capital believes in investing in people, their dreams, and their long-term vision. The company focuses on sourcing opportunistic investments and creating value through active asset management. GG Capital invests thematically in high-quality assets, focusing where they see value-creation potential driven by active asset management and asset turnaround.

Kayyak Ventures

• Year of Inception: 2020
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: HealthAtom, Xepelin, Foodology, Fairplay
• Contact

Kayyak Ventures is a venture capital firm primarily focused on Seed and Series A investments in Latin America. Founded in Santiago, Chile, the firm aims to support startups in the region and help them overcome challenges in various sectors. Kayyak Ventures has a strong commitment to making a positive impact through their investments. They seek out exceptional entrepreneurs who have unique missions and are dedicated to driving change in their respective industries.

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Nazca

• Year of Inception: 2014
• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Auba, Finkargo, Somos, Trebu, Zenki
• Contact

Nazca Venture Capital is a leading venture capital firm based in Mexico City. Founded in 2014, the firm aims to empower founders in Latin America by providing them with the necessary support and resources to build successful businesses. Nazca offers a comprehensive platform that includes commercial and growth support, fundraising assistance, knowledge sharing, and human capital support.

Manutara Ventures

• Year of Inception: 2016
• Stage: Seed, Series A
• Focus: Technology
• Notable Portfolio: ETpay, Iwana Cash, Xepelin, GoQuantum, OpenCasa
• Contact

Manutara Ventures is a prominent player in the venture capital industry in Chile and Latin America, focusing on early-stage investments in the technology sector. The firm's main goal is to support exceptional entrepreneurs in scaling their businesses by providing them with essential resources and expertise.

Chile Ventures

• Year of Inception: 2015
• Stage: Seed, Series A
• Focus: Technology
• Notable Portfolio: Xepelin, Fintual, Rocketfy, SimpliRoute, Awto
• Contact

Chile Ventures is a venture capital fund that specializes in investing in early-stage technological startups. Chile Ventures operates in both the United States and Chile, providing financial support and valuable expertise to help startups scale and succeed.

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G2 Momentum Capital

• Year of Inception: 2013
• Stage: Seed, Series A
• Focus: Technology
• Notable Portfolio: AliBio, Ancana, Klopp, Nimblr, Nauphilus
• Contact

G2 Momentum Capital is a venture capital firm based in Mexico City, Mexico. The firm specializes in early-stage and growing startups, particularly in the Latin technology sector. They prioritize investing in passionate and talented partners who have a strong vision for their companies. With their extensive network and experience, they play an active role in guiding and supporting the portfolio companies they invest in.

Alaya Capital

• Year of Inception: 2010
• Stage: Seed, Series A
• Focus: Technology, Digital Transformation, Digital Consumer
• Notable Portfolio: Betterfly, Aquabyte, Kilimo, Moova, Preauth
• Contact

Alaya Capital is a venture capital fund based in Latin America. Their primary goal is to promote, consolidate, and increase the value of companies and technological ventures in the region. They believe in a new economy for Latin America, which is based on technology and knowledge, and has the potential to impact the world.

Fen Ventures

• Year of Inception: 2012
• Stage: Seed, Series A
• Focus: Technology, Social and Environmental Impact
• Notable Portfolio: Leasity, Shinkansen, Philippo, Simetrik, Flycrew
• Contact

Fen Ventures is a venture capital firm based in Santiago, Chile, that are dedicated to supporting tech-enabled companies building a better future for Latin America. With a strong focus on startups that generate a positive impact socially and environmentally, Fen Ventures provides not only financial support but also professional guidance and resources to help entrepreneurs grow and expand their businesses.

Austral Capital

• Year of Inception: 2008
• Stage: Seed, Series A, Series B, Series C
• Focus: Technology
• Notable Portfolio: Andes Biotechnology, Junar, Nimbic, Atakama Labs
• Contact

Austral Capital is a prominent venture capital firm based in Santiago, Chile, with a strong focus on technology-enabled companies aiming to scale up globally. Specializing in both early and growth-stage investments, Austral Capital Partners has established itself as a key player in the Latin American venture capital landscape.

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Angel Investors in Chile

Angel investors may act as an individual or as a syndicate to fund projects of their preference, so these networks are the best opportunity for you to find a potential Angel with an aligned vision and interests.

Austral Angels

• Stage: Pre Seed, Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: -
• Contact

Austral Angels is an angel network that focuses on investing in innovative startups in southern Chile. Founded in 2010, the network specializes in providing early-stage funding and strategic support to companies with high growth potential. In addition to providing financial support, Austral Angels also offers mentorship, guidance, and access to their extensive network of industry contacts.

ChileGlobal Angels

• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Admetricks, BioClass, Citysense, NearWay
• Contact

ChileGlobal Angels is an international angel investor network based in Chile. They specialize in identifying and investing in early-stage startups across a wide range of industries. With a focus on fostering innovation and entrepreneurial growth, ChileGlobal Angels provides financial support, mentorship, and valuable connections to help startups thrive.

COREangels Pacific

• Stage: Seed, Series A
• Focus: Sector Agnostic
• Notable Portfolio: Energiot, Caplena, Waisense, Hamelyn
• Contact

COREangels Pacific is an angel investment network that focuses on investing in innovative startups. The network is managed by professional fund leaders who have extensive knowledge and experience in angel investing and startups. COREangels Pacific is involved in early-stage venture and seed investments, supporting startups in their initial stages of growth. They provide financial support, mentorship, and connections to help startups succeed.

Closing Thoughts on VCs and Angel Investors in Chile

Chile has a strong investment ecosystem and is seen as an innovation hub in the region. Startups in Chile benefit from access to funding from local and international venture capital firms, as well as various angel investor networks. With a supportive government, access to capital, a network of incubators and accelerators, and a thriving entrepreneurial community, startups in Chile have the necessary resources and environment to thrive. The country's commitment to innovation, global connections, and access to markets make it an attractive destination for startups seeking funding and growth opportunities.

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Fuente: XYZ Lab