Imagine Lab serves as an investment arm of Microsoft, operating as an incubator and accelerator focused on the Fintech sector and innovative technology-based ventures in Latin America, particularly in Chile and Argentina. The firm specializes in providing seed capital and early-stage investments in areas such as augmented reality, virtual reality, Internet of Things, Big Data, and automation. Typically, Imagine Lab makes equity investments ranging from $15,000 to $88,000 and runs an acceleration program where startups can receive initial funding of CLP 10 million, with potential follow-up investments up to CLP 50 million. The firm generally acquires a minority stake of no more than 7 percent in the startups it supports. Founded in 2017 and headquartered in Santiago, Chile, Imagine Lab aims to develop and strengthen innovative ventures by offering mentorship and connecting them with established corporations.
PriceMaker, formerly known as Z Data Lab, operates a marketplace that connects technology companies with freelance data scientists and analytics contractors to provide consultancy services. Founded in 2016 and based in Chile, PriceMaker assists businesses by offering a range of consultancy opportunities, including pilot development, data strategy, algorithm evaluation, and data modeling. The company leverages its proprietary artificial intelligence and machine learning technology to integrate internal and external data, enabling businesses to uncover growth opportunities and optimize margins. Its platform delivers sales forecasts, price optimization, and customer intelligence, which helps companies make informed decisions and enhance their revenue management. Additionally, PriceMaker offers training in key data science skills, ensuring that clients can effectively utilize data analytics to improve their business strategies and outcomes.
Mudango
Seed Round in 2019
Mudango is a technology-driven startup that offers on-demand moving and storage services across Latin America, currently operating in Chile, Colombia, and Mexico, with plans for expansion into Brazil. The company's user-friendly platform allows customers to declare a budget and efficiently book and coordinate various services, including moving, bulky item delivery, and self-storage. By connecting clients with suitable moving services that align with their financial needs, Mudango aims to simplify the logistics of relocation and storage, making the process more accessible and affordable.
CryptoMKT
Seed Round in 2018
CryptoMKT SpA operates an electronic cryptocurrency trading platform and exchange based in Las Condes, Chile, founded in 2016. The platform facilitates the trading of various digital assets, including Bitcoin, Ethereum, and Stellar, and offers additional services such as a cryptocurrency wallet for sending and receiving Ether. Over the years, CryptoMKT has expanded its reach to several countries, including Argentina, Spain, Brazil, and Mexico, connecting over 160,000 users. The company has also pursued funding to enhance its services and integrate payment systems across the region, reflecting its commitment to fostering cryptocurrency adoption and usage in Latin America and beyond.
BioPub-WriteWise
Grant in 2018
BioPub is a tech company that developed WriteWise, an AI-writing platform that extends across all educational levels. Our beta-testing is currently focused on academic writing (specifically scientific articles). We have, in little over 1 year, developed the first AI-powered software in the world geared towards providing specialized and in-depth feedback on academic writing and editing. To develop this software, research was required on state-of-the-art deep learning applied to NLP. Before becoming a tech company, BioPub was an expert consulting firm in Chile - and one of the few in Latin America – dedicated to training and aiding students, seasoned scientists, and universities on how to write and publish scientific articles, improving quality, impact, and quantity.
Comparto Mi Maleta
Seed Round in 2018
Comparto Mi Maleta, established in 2017 and headquartered in Las Condes, Chile, operates a unique delivery service platform. The company connects travelers with individuals who wish to transport their purchases from anywhere in the world, facilitating a cost-effective and convenient solution for cross-border shopping.
Ticlass
Seed Round in 2018
TIClass, established in 2016 and headquartered in Santiago, Chile, is an ed-tech company that operates an online education platform. It offers a range of learning resources, including online courses, university preparation materials, live classes, video lessons, study materials, and assessments. The company's mission is to bridge school and university education, providing affordable and accessible learning solutions tailored to Latin American students.
MotelNow
Pre Seed Round in 2017
MotelNow is an online booking platform that specializes in motel reservations, particularly targeting couples seeking accommodations in Love Hotels. The service is currently available in Chile and Colombia, offering users a unified portal to easily select and book temporary accommodations. MotelNow facilitates hotel reservations without additional costs, allowing for a seamless check-in process that does not require the entry of personal information. Payments can be made directly at the motel, enhancing user privacy and convenience. Through its marketplace, MotelNow aims to simplify the booking experience while prioritizing customer discretion.
Farmazon
Seed Round in 2017
Farmazon Chile is an online pharmacy that provides a diverse range of pharmaceutical products, beauty items, self-care essentials, and sports nutrition products. It focuses on convenience and variety, delivering a comprehensive online shopping experience for customers seeking health-related products. The platform enables users across Chile to easily browse and purchase from a wide selection, ensuring a user-friendly interface for seamless transactions. Farmazon also emphasizes efficient delivery services to enhance accessibility to medications and other healthcare items. Customer support is available through various channels to assist with inquiries and order tracking, further facilitating a positive shopping experience.
Shipit
Seed Round in 2016
Shipit SpA is a logistics services company based in Santiago, Chile, founded in 2015. It specializes in providing logistics solutions, including pick and pack services and transportation, primarily aimed at small and medium-sized businesses. The company's logistics management platform enhances the efficiency of e-commerce deliveries by streamlining operations and facilitating order fulfillment. By leveraging technology, Shipit enables businesses to optimize their logistics processes, simplify the monitoring of operations, and significantly reduce costs, ultimately helping online retailers save time and money.
Suda Outdoors
Seed Round in 2016
Suda Outdoors is a Chilean company founded in 2015, specializing in the development and operation of an application that enhances outdoor experiences. The application facilitates the exploration, discovery, and sharing of routes for over 30 outdoor sports, allowing users to navigate without an internet connection. Suda Outdoors aims to motivate individuals to engage with nature by providing a platform that encourages outdoor activities and promotes environmental awareness. As a leading outdoor community in Latin America, Suda Outdoors connects thousands of users who inspire one another to embark on new adventures while ensuring the preservation of natural landscapes.
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