The potential USD $ 125 million of foreign investment, through venture capital (VC), is the InvestChile projection for new projects in the country. In 2019, the estimated investment was USD $ 48.2 million. The VCs from Mexico, Argentina, and the United States are the ones that have focused their attention the most on Chilean startups.
“We have the role of attracting the entry of new players to the market, to sophisticate the production matrix and there the VC industry has an important role”
Beatriz Herrera, coordinator of International Networks and Investment Promotion Executive of Venture Capital of InvestChile
“We love what InvestChile is doing. We invited them to get to know this world because we identified a void in foreign investors, and the Chilean agencies were not looking at this. (…) The local market is not enough developed yet to raise large amounts, it is difficult, and that is where international players could fill that gap”
Francisco Guzmán, president of the Asociación Chilena de Venture Capital
Look at the analysis of InvestChile projections in the El Mercurio Innovation body.