Chile has a thin seed-VC bench. A few local funds lead it. Accelerators and grants fill the gap. Pan-LatAm funds drop in too. Here are 15 seed investors backing Santiago startups in 2026.
Chile has few pure seed funds, so a handful of local names carry most of the early rounds. Accelerators step in to write the first cheques, while grants stretch the runway before institutional money arrives.
Pan-LatAm funds drop in on the strongest rounds, though most of them sit outside Chile. You will pitch a mix of funds and programs, and Ellty keeps all of that activity behind one link you can track.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Magma Partners | Chilean seed VC | ~US$25K-$5M | Fintech, insurtech, SaaS | magmapartners.com |
| Fen Ventures | Chilean early-stage VC | ~US$200K-$5M | Tech, SaaS, climatech | fenventures.com |
| ChileGlobal Ventures | Chilean seed VC (Fundacion Chile) | Seed-stage | Software, agtech, cleantech | chileglobalventures.cl |
| Dadneo | Chilean seed VC (CORFO-backed) | ~US$300K-$1.6M | Digital, edtech, food | Dadneo on LinkedIn |
| Amarena | Chilean seed VC / family office | ~US$500K-$2M | Fintech, traveltech, SaaS | Amarena on LinkedIn |
| Impacta VC | Chilean impact seed VC | ~US$100K-$1M | Edtech, health, fintech, agtech | impacta.vc |
| Platanus Ventures | Accelerator + seed fund | US$200K for 7% | Generalist, technical founders | platan.us |
| monashees | Pan-LatAm VC (Brazil) | Seed to Series A | Consumer, SaaS, marketplaces | monashees.com |
| Kaszek | Pan-LatAm VC (Brazil) | US$500K-$25M | Fintech, SaaS, consumer | kaszek.com |
| NXTP Ventures | Pan-LatAm VC (Argentina) | US$500K-$5M | B2B, SaaS, fintech | nxtp.vc |
| Newtopia VC | Pan-LatAm accelerator+fund (Argentina) | US$100K-$500K | Generalist tech | newtopia.vc |
| Salkantay Ventures | Andean VC (Peru) | Seed to Series A | Edtech, fintech, agtech | salkantay.vc |
| 500 Global | Global VC (LatAm seed) | ~US$300K | Generalist tech | 500.co |
| Carao Ventures | LatAm VC (Costa Rica) | Seed-stage | Generalist tech | caraov.com |
| Start-Up Chile | Govt accelerator (grants) | Equity-free grants | Generalist tech | startupchile.org |
Pitch every seed fund from one link
Seed funds move fast on team and traction. Ellty shows who opened your deck so you follow up first.
Start free 14-day trialWhat a seed investor backs
A seed investor is buying early traction and the people behind it, so a clear, sizeable market does a lot of the convincing. They want to see a credible path to Series A, and the growth on the page has to feel real rather than wishful.
A sharp pitch deck earns you the time to make that case, so spend it explaining why this is the right moment. Ellty hands each fund its own link, which means you can see exactly who opens your deck and when.
There's a good chance the 2023 and 2024 vintages will outperform, as only the truly committed founders are starting companies now.
15 Santiago seed investors
1. Magma Partners
Magma leads Chilean seed rounds often.
Recent Activity: Led Flourish's US$2.3M round in 2024
LinkedIn: Magma Partners LinkedIn
Sector Focus: Fintech, insurtech, SaaS
Stage Focus: Pre-seed to Series A
Check Size: ~US$25K-$5M
Location: Santiago, Chile
Website: magmapartners.com
2. Fen Ventures
Fen backs early Chilean founders.
Recent Activity: Fund III writing larger cheques
LinkedIn: Fen Ventures LinkedIn
Sector Focus: Tech, SaaS, climatech
Stage Focus: Pre-seed to Series A
Check Size: ~US$200K-$5M
Location: Santiago, Chile
Website: fenventures.com
3. ChileGlobal Ventures
ChileGlobal backs seed-stage startups.
Recent Activity: Co-invested in Bifidice's US$850K seed
Sector Focus: Software, agtech, cleantech
Stage Focus: Seed
Check Size: Seed-stage
Location: Santiago, Chile
Website: chileglobalventures.cl
4. Dadneo
Dadneo runs a CORFO-backed seed fund.
Recent Activity: Led Bifidice's US$850K seed round
Sector Focus: Digital, edtech, food
Stage Focus: Seed
Check Size: ~US$300K-$1.6M
Location: Santiago, Chile
Website: Dadneo on LinkedIn
5. Amarena
Amarena backs seed founders across LatAm.
Recent Activity: Backed fintech Floid in Aug 2024
Sector Focus: Fintech, traveltech, SaaS
Stage Focus: Seed to early
Check Size: ~US$500K-$2M
Location: Santiago, Chile
Website: Amarena on LinkedIn
6. Impacta VC
Impacta backs impact-driven seed startups.
Recent Activity: Launched a US$5M LatAm seed fund
LinkedIn: Impacta VC LinkedIn
Sector Focus: Edtech, health, fintech, agtech
Stage Focus: Pre-seed, seed
Check Size: ~US$100K-$1M
Location: Santiago, Chile
Website: impacta.vc
Give each seed fund one trackable link
Ellty logs when a fund opens your deck. Chase the keen ones first, not days too late.
Start free 14-day trial7. Platanus Ventures
Platanus is Chile's YC-style accelerator.
Recent Activity: Took 12 startups from 1,552 applicants
Sector Focus: Generalist, technical founders
Stage Focus: Pre-seed, seed
Check Size: US$200K for 7%
Location: Santiago, Chile
Website: platan.us
8. monashees
monashees is LatAm's biggest early VC.
Recent Activity: The region's biggest early-stage firm
Sector Focus: Consumer, SaaS, marketplaces
Stage Focus: Pre-seed to Series A
Check Size: Seed to Series A
Location: Sao Paulo, Brazil
Website: monashees.com
9. Kaszek
Kaszek is LatAm's largest VC fund.
Recent Activity: Seed-capable but growth-tilted
Sector Focus: Fintech, SaaS, consumer
Stage Focus: Seed to Series B
Check Size: US$500K-$25M
Location: Sao Paulo, Brazil
Website: kaszek.com
10. NXTP Ventures
NXTP backs B2B seed across the region.
Recent Activity: Backs B2B seed across LatAm
Sector Focus: B2B, SaaS, fintech
Stage Focus: Pre-seed to Series A
Check Size: US$500K-$5M
Location: Buenos Aires, Argentina
Website: nxtp.vc
11. Newtopia VC
Newtopia runs a pre-seed fund for LatAm.
Recent Activity: Pre-seed fund, lighter on Chile
Sector Focus: Generalist tech
Stage Focus: Pre-seed, seed
Check Size: US$100K-$500K
Location: Buenos Aires, Argentina
Website: newtopia.vc
12. Salkantay Ventures
Salkantay backs Andean seed startups.
Recent Activity: Andean mandate includes Chile
Sector Focus: Edtech, fintech, agtech
Stage Focus: Seed to Series A
Check Size: Seed to Series A
Location: Lima, Peru
Website: salkantay.vc
13. 500 Global
500 Global runs a LatAm seed fund.
Recent Activity: Fund IV targets ~40 LatAm startups
Sector Focus: Generalist tech
Stage Focus: Pre-seed, seed
Check Size: ~US$300K
Location: San Francisco, USA
Website: 500.co
14. Carao Ventures
Carao backs seed in small LatAm markets.
Recent Activity: Targets small LatAm markets incl Chile
Sector Focus: Generalist tech
Stage Focus: Pre-seed to pre-Series A
Check Size: Seed-stage
Location: San Jose, Costa Rica
Website: caraov.com
15. Start-Up Chile
Start-Up Chile gives equity-free grants.
Recent Activity: 3,000+ startups since 2010
Sector Focus: Generalist tech
Stage Focus: Pre-seed to growth
Check Size: Equity-free grants
Location: Santiago, Chile
Website: startupchile.org
Why the bench is thin
Very few funds here do seed only, since most stretch their mandate up into Series A to chase larger ownership. Manutara and Kayyak both moved up the stage ladder, and their cheques grew as their funds matured.
The work is in finding the true seed leads among them rather than the funds that merely tolerate the stage. Our fintech investors guide narrows it further, and Ellty shows you who actually studies your deck by tracking every open in one place.
How pan-LatAm funds invest
The big regional funds scan Chile from a distance and drop in when a round looks strong enough to matter. Most of them are anchored in Brazil or Mexico, so a warm introduction tends to do more than a cold email ever will.
Treat these funds as genuine partners rather than one-off names on a list, and keep your investor relations warm between rounds. Ellty logs who reads your numbers and how closely, which is the clearest signal of real intent you can get.
Raising seed money in Santiago
Start by mapping the local funds alongside the pan-LatAm ones, then add the accelerators and grant programs that round out the picture. Run clean due diligence prep early, because organized answers build trust faster than any pitch line.
Keep every document in one virtual data room so you can share the whole package in a single click. Ellty logs each read through document analytics and lets you lock sensitive files with granular permissions.
How to pitch a seed investor
Show early traction and a team.
- 1.Show early traction and a team.Prove the market is big enough to matter, then show the early traction that says you can win it. Investors back the team as much as the metrics, so make both legible on one slide.
- 2.Map your path to Series A.Lay out the milestones that take you from this round to a credible Series A. Keep the numbers clear and honest so the path reads as a plan, not a hope.
- 3.Name your raise and runway.State exactly how much you are raising and how many months it buys you. Keep the ask tight and tie each dollar to a milestone you intend to hit.
- 4.Send one Ellty link to your deck.Share a single trackable Ellty link instead of an email attachment that disappears into an inbox. You see who digs in, so you can time your follow-up to real interest.
How Ellty helps you land a seed investor in Santiago
You have your Santiago seed list ready. Set up a data room first.
- 1.Upload your deck, metrics, and model.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Santiago seed investor questions
- A few local micro-VCs. Pan-LatAm funds join too.
- No, it is fairly thin. Grants and programs fill gaps.
- Often US$100K to US$3M. Larger funds go higher.
- Yes, Platanus writes first cheques. Grants add runway.
- Yes, but most sit abroad. A warm intro helps.
- Before your first seed call. Track who opens your deck.
