Sustainable economic development Entrepreneurship and Open Innovation

ChileGlobal Ventures

It is Fundación Chile’s entrepreneurship, innovation, and investment area, which seeks to enable and strengthen ecosystems capable of making a significant contribution with new solutions to humanity’s challenges for Chile’s sustainable development.

ChileGlobal Ventures
Context

Context

Today, Fundación Chile seeks to contribute to the diversification and transformation of Chile’s productive matrix through the incorporation of new technologies, knowledge, and innovation.

In this context, ChileGlobal Ventures seeks to enable and strengthen ecosystems capable of making a significant contribution with new solutions to humanity’s challenges for Chile’s sustainable development.

This is done by supporting startups, large companies, and other public and private organizations that see innovation and technology as a key lever to address climate change; support sustainable, fair economic development; and promote inclusive human development.

Pioneers in the country

Fundación Chile, through ChileGlobal Ventures, has been a pioneer in strengthening and enabling different productive sectors, such as the first venture capital funds in Latin America.

In 2018, they launched “CLIN,” the first fund (US$20M) that leverages corporate resources and focuses on sustainability and productivity in areas such as energy, water, mining, among others.

They also have the country’s longest-standing investor network, “ChileGlobal Angels,” which has contributed to the growth of multiple startups that are changing the world and have become benchmarks, both locally and globally.

Objectives

How do they seek to contribute to addressing humanity’s challenges?

At ChileGlobal Ventures, they seek to promote solutions to urgent problems through entrepreneurship and ecosystem collaboration. This is done through:

  • Promote and support organizations on their innovation journey by connecting them with suitable methodologies and generating sustainable and economic impact.
  • Strengthen the best startups in the ecosystem to drive the growth of innovative solutions in areas such as productivity, resilience, sustainability, and climate.
  • Connect high-potential startups with capital/investors, expertise, and networks to accelerate their growth.

Services through which we strengthen the ecosystem

01—Venture Capital: We connect startups with investors committed to generating sustainable value and growth opportunities.

02—Acceleration: We strengthen the best startups in the ecosystem to drive the growth of innovative solutions.

03—Corporate Venturing: We connect corporations with startups so they can achieve high-impact results together.

Governance

Governance

Promotes

Impact

Expected results

+5300

+5300

Startups invested

+50

+50

Implementations

+100

+100

Pilot contracts

+40

+40

Corporate clients

US$7.8M

US$7.8M

In angel investment

+US$20M

+US$20M

Venture Capital Fund

+150

+150

Open Innovation Challenges

Associated SDGs

Associated SDGs

This initiative contributes to the following Sustainable Development Goals:

ODS

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