Aurus Capital

Aurus S.A. Gestión de Inversiones is a privately owned investment manager based in Santiago, Chile, founded in 2008. The firm specializes in early-stage investments across various sectors, including life sciences, financial services, healthcare, technology, and logistics. It primarily serves institutional and retail investors by managing mutual funds and participating in alternative investment markets. Aurus is recognized as a pioneer in the venture capital industry in Latin America, focusing on developing the regional ecosystem and investing in scalable technologies and talented entrepreneurs. The firm leverages local insights and a strong network to add value to its portfolio companies, supported by advisory committees comprised of experienced professionals who also invest in the funds. This collaborative approach enhances Aurus's ability to identify promising investment opportunities and provide ongoing mentorship to its investees.

José Musalem Ph.D

Founding Partner, Chairman and Investment Committee Member

Past deals in Andes

TIMining

Venture Round in 2020
TIMining is offers state-of-the-art software for the mining industry, from load and haul simulation to holographic technology. We provide mining simulation and data analysis solutions that assist in making better Operational, Planning, Geotechnical and Continuous Improvement decisions.

Ceibo

Series A in 2019
Aguamarina Biomineria specializes in solutions based on green mining technology. Pamela Chavez Crooker founded it in 2015, with its headquarters in Antofagasta in Chile.

TIMining

Venture Round in 2019
TIMining is offers state-of-the-art software for the mining industry, from load and haul simulation to holographic technology. We provide mining simulation and data analysis solutions that assist in making better Operational, Planning, Geotechnical and Continuous Improvement decisions.

Scarab

Series A in 2018
Scarab is a mining technology company focused on mitigating the environmental impact of mining waste. It specializes in developing proprietary methods for the selective extraction of valuable elements from mining industry residues, ensuring that these materials are stabilized in the process. By recovering valuable resources from waste, Scarab aims to promote sustainable practices within the mining sector, allowing organizations to transform environmental liabilities into profitable opportunities. The company's innovative approach not only enhances the value derived from mining waste but also contributes to reducing the ecological footprint associated with mining activities.

Capitalizarme

Venture Round in 2017
Capitalizarme.com is an online platform based in Santiago, Chile, that specializes in real estate investment services targeting first-time investors. The company focuses on minimizing transaction costs associated with finding, purchasing, and managing rental properties. It assists clients in making down payments through flexible payment plans tailored to their financial situations. Capitalizarme operates through multiple business models: it purchases and enhances fully rented affordable multifamily buildings, selling individual units to new investors; acts as a digital broker connecting developers with potential buyers; and offers property management services. The company extends its operations beyond Chile to Peru and the United States, enhancing accessibility for aspiring real estate investors in these regions.

Capitalizarme

Seed Round in 2017
Capitalizarme.com is an online platform based in Santiago, Chile, that specializes in real estate investment services targeting first-time investors. The company focuses on minimizing transaction costs associated with finding, purchasing, and managing rental properties. It assists clients in making down payments through flexible payment plans tailored to their financial situations. Capitalizarme operates through multiple business models: it purchases and enhances fully rented affordable multifamily buildings, selling individual units to new investors; acts as a digital broker connecting developers with potential buyers; and offers property management services. The company extends its operations beyond Chile to Peru and the United States, enhancing accessibility for aspiring real estate investors in these regions.

Algenis

Venture Round in 2016
Algenis is an known in the R&D of natural sodium channel blocker molecules derived from microalgae. The company aims to be a leader in the production, formulation, and clinical development of bioactive molecules produced by marine microalgae with medical application as muscle relaxant and analgesic, as well as for the treatment of neurological diseases. Algenis' strategy is to commercialize our products through licensing, co-development, or direct sales options. Algenis' first therapeutic indication is for the treatment and healing of anal fissures.

ClubVenta

Venture Round in 2015
ClubVenta.com is an online e-commerce platform based in Chile, recognized as the first private online purchase club in the country. It offers its members access to a wide range of products from top brands, providing a curated shopping experience. By focusing on exclusive deals and high-quality merchandise, ClubVenta aims to enhance the buying experience for its members in the competitive online retail landscape.

BuscaLibre

Venture Round in 2015
Buscalibre S.A. owns and operates an e-commerce retail platform that enables Spanish-speaking people to purchase products from outside their country. The company sells books.

Algenis

Venture Round in 2015
Algenis is an known in the R&D of natural sodium channel blocker molecules derived from microalgae. The company aims to be a leader in the production, formulation, and clinical development of bioactive molecules produced by marine microalgae with medical application as muscle relaxant and analgesic, as well as for the treatment of neurological diseases. Algenis' strategy is to commercialize our products through licensing, co-development, or direct sales options. Algenis' first therapeutic indication is for the treatment and healing of anal fissures.

Andes Biotechnologies

Venture Round in 2014
Andes Biotechnologies S.A. is a biotechnology company based in Santiago, Chile, focused on the research, development, and marketing of anti-cancer therapies in the United States and Europe. Founded in 2008, the company specializes in nucleic acid-based drug discovery, targeting solid tumor cancers. It has identified two novel families of long non-coding RNAs—sense (S-RNA) and antisense (AS-RNA)—which are synthesized in mitochondria and migrate to the nucleus. Their proprietary technology utilizes oligonucleotide drugs to target these regulatory RNAs in tumor cells, inducing apoptosis while sparing normal cells. Andes Biotechnologies is advancing its lead drug, Andes-1537, through clinical development and has an active investigational new drug application in the United States. The company benefits from a strong management team, a network of collaborators in the cancer research field, and a comprehensive intellectual property portfolio.

BuscaLibre

Venture Round in 2014
Buscalibre S.A. owns and operates an e-commerce retail platform that enables Spanish-speaking people to purchase products from outside their country. The company sells books.

Capitalizarme

Venture Round in 2014
Capitalizarme.com is an online platform based in Santiago, Chile, that specializes in real estate investment services targeting first-time investors. The company focuses on minimizing transaction costs associated with finding, purchasing, and managing rental properties. It assists clients in making down payments through flexible payment plans tailored to their financial situations. Capitalizarme operates through multiple business models: it purchases and enhances fully rented affordable multifamily buildings, selling individual units to new investors; acts as a digital broker connecting developers with potential buyers; and offers property management services. The company extends its operations beyond Chile to Peru and the United States, enhancing accessibility for aspiring real estate investors in these regions.

Kinostics

Venture Round in 2014
Kinostics is developing a non-invasive diagnostic test for the detection of Acute Kidney Injury (AKI) at sub-clinical stages.

ClickMagic

Venture Round in 2014
ClickMagic SpA is an affiliate and performance marketing company established in 2009, headquartered in Las Condes, Chile, with a presence in major Latin American markets including Brazil, Argentina, Mexico, Colombia, and Peru. The company specializes in providing online marketing services tailored for advertising agencies, advertisers, and publishers. Its offerings encompass affiliate and display marketing, lead generation, search engine and mobile marketing, as well as Facebook social ads. ClickMagic caters to a diverse array of industries, such as e-commerce, financial services, automotive, travel and tourism, entertainment, consumer goods, and education. By delivering high-quality, high-converting traffic for performance campaigns, ClickMagic assists advertisers in reaching their target audiences while enabling publishers to effectively monetize their inventory.

ClubVenta

Venture Round in 2014
ClubVenta.com is an online e-commerce platform based in Chile, recognized as the first private online purchase club in the country. It offers its members access to a wide range of products from top brands, providing a curated shopping experience. By focusing on exclusive deals and high-quality merchandise, ClubVenta aims to enhance the buying experience for its members in the competitive online retail landscape.

Andes Biotechnologies

Venture Round in 2014
Andes Biotechnologies S.A. is a biotechnology company based in Santiago, Chile, focused on the research, development, and marketing of anti-cancer therapies in the United States and Europe. Founded in 2008, the company specializes in nucleic acid-based drug discovery, targeting solid tumor cancers. It has identified two novel families of long non-coding RNAs—sense (S-RNA) and antisense (AS-RNA)—which are synthesized in mitochondria and migrate to the nucleus. Their proprietary technology utilizes oligonucleotide drugs to target these regulatory RNAs in tumor cells, inducing apoptosis while sparing normal cells. Andes Biotechnologies is advancing its lead drug, Andes-1537, through clinical development and has an active investigational new drug application in the United States. The company benefits from a strong management team, a network of collaborators in the cancer research field, and a comprehensive intellectual property portfolio.

Algenis

Venture Round in 2013
Algenis is an known in the R&D of natural sodium channel blocker molecules derived from microalgae. The company aims to be a leader in the production, formulation, and clinical development of bioactive molecules produced by marine microalgae with medical application as muscle relaxant and analgesic, as well as for the treatment of neurological diseases. Algenis' strategy is to commercialize our products through licensing, co-development, or direct sales options. Algenis' first therapeutic indication is for the treatment and healing of anal fissures.

Happyshop

Venture Round in 2013
We are convinced that mobile can push a change in consumer behavior never seen before, bridging online and offline into a single delightful experience. Mobile rapidly changes both consumers’ expectations and the overall shopping experience, that´s why Happyshop born…. Happyshop is a Software as a Service (SaaS) company for Mobile Marketing, specially designed for retail and his brands. We turns retail stores into interactive spaces where brands can comunicate in a personal way with the shopper enhancing their shopping experience and allowing brands to get the highest media performance. This company born´s to adapt to changes created by Mobile regarding consumers´expectation, our mision is to enhance the shopping experience and improve communication, preparing retail and brands for the new shopper 2.0 and the Onmichannel world. We drive happyshopppers! Because we only give them valued real-time content and offers in the best moment and place! For CPG brands Happyshop has created a new and innovative mobile advertising format named “adinstore™", brands can finally communicate in a relevant way with the consumer during their “purchase decision process”, creating brand experiences that capture and engage customers and prospects from our advertisers. The main benefits of adinstore is that we don't break the mobile user experience resulting in greater engagement (CTR > 10%) and performance. Happyshop, prize winner of Innova Chile, has earned a government sponsored grant, allowing the start-up to attract in his initial stage the interest of various investors and received more than 6,5 US$ MM (series A & B funding) Happyshop worked with a lot of merchants and leading retail companies in Latam (Falabella, Sodimac, Salcobrand, Parque Arauco) and important CPG brands (Loreal, Nivea, Nestle Eucerine, 3M..) and have operations in Chile and Colombia with his recently partnership with the biggest media company names "El Tiempo Casa Editorial (http://es.wikipedia.org/wiki/Casa_Editorial_El_Tiempo) http://www.crunchbase.com/organization/happyshop http://www.youtube.com/watch?v=0a0qyWb7dpI http://www.happyshop.com

ClickMagic

Venture Round in 2013
ClickMagic SpA is an affiliate and performance marketing company established in 2009, headquartered in Las Condes, Chile, with a presence in major Latin American markets including Brazil, Argentina, Mexico, Colombia, and Peru. The company specializes in providing online marketing services tailored for advertising agencies, advertisers, and publishers. Its offerings encompass affiliate and display marketing, lead generation, search engine and mobile marketing, as well as Facebook social ads. ClickMagic caters to a diverse array of industries, such as e-commerce, financial services, automotive, travel and tourism, entertainment, consumer goods, and education. By delivering high-quality, high-converting traffic for performance campaigns, ClickMagic assists advertisers in reaching their target audiences while enabling publishers to effectively monetize their inventory.

MiniClinic

Venture Round in 2013
Miniclinic is a chain of queries Primara health care, convenience located in places with large supermarkets and shopping centers.

Algenis

Venture Round in 2012
Algenis is an known in the R&D of natural sodium channel blocker molecules derived from microalgae. The company aims to be a leader in the production, formulation, and clinical development of bioactive molecules produced by marine microalgae with medical application as muscle relaxant and analgesic, as well as for the treatment of neurological diseases. Algenis' strategy is to commercialize our products through licensing, co-development, or direct sales options. Algenis' first therapeutic indication is for the treatment and healing of anal fissures.

ClubVenta

Venture Round in 2012
ClubVenta.com is an online e-commerce platform based in Chile, recognized as the first private online purchase club in the country. It offers its members access to a wide range of products from top brands, providing a curated shopping experience. By focusing on exclusive deals and high-quality merchandise, ClubVenta aims to enhance the buying experience for its members in the competitive online retail landscape.

Capitalizarme

Venture Round in 2012
Capitalizarme.com is an online platform based in Santiago, Chile, that specializes in real estate investment services targeting first-time investors. The company focuses on minimizing transaction costs associated with finding, purchasing, and managing rental properties. It assists clients in making down payments through flexible payment plans tailored to their financial situations. Capitalizarme operates through multiple business models: it purchases and enhances fully rented affordable multifamily buildings, selling individual units to new investors; acts as a digital broker connecting developers with potential buyers; and offers property management services. The company extends its operations beyond Chile to Peru and the United States, enhancing accessibility for aspiring real estate investors in these regions.

Modyo

Venture Round in 2012
Modyo SpA, founded in 2007 and headquartered in Santiago, Chile, offers a comprehensive platform for developing and managing websites and mobile sites. This platform allows businesses to interact with customers through digital channels and includes features such as an analysis dashboard to assess website performance and marketing effectiveness. Modyo also provides tools to understand customer interests and interactions, facilitating digital transformation for large enterprises. With additional locations in Barcelona, Spain, and Sao Paulo, Brazil, Modyo has established itself as a key player in the technology sector, attracting talent that is committed to building a world-class software company.

BuscaLibre

Venture Round in 2012
Buscalibre S.A. owns and operates an e-commerce retail platform that enables Spanish-speaking people to purchase products from outside their country. The company sells books.

ClubVenta

Venture Round in 2012
ClubVenta.com is an online e-commerce platform based in Chile, recognized as the first private online purchase club in the country. It offers its members access to a wide range of products from top brands, providing a curated shopping experience. By focusing on exclusive deals and high-quality merchandise, ClubVenta aims to enhance the buying experience for its members in the competitive online retail landscape.

Andes Biotechnologies

Venture Round in 2012
Andes Biotechnologies S.A. is a biotechnology company based in Santiago, Chile, focused on the research, development, and marketing of anti-cancer therapies in the United States and Europe. Founded in 2008, the company specializes in nucleic acid-based drug discovery, targeting solid tumor cancers. It has identified two novel families of long non-coding RNAs—sense (S-RNA) and antisense (AS-RNA)—which are synthesized in mitochondria and migrate to the nucleus. Their proprietary technology utilizes oligonucleotide drugs to target these regulatory RNAs in tumor cells, inducing apoptosis while sparing normal cells. Andes Biotechnologies is advancing its lead drug, Andes-1537, through clinical development and has an active investigational new drug application in the United States. The company benefits from a strong management team, a network of collaborators in the cancer research field, and a comprehensive intellectual property portfolio.

Taggify

Series A in 2012
Taggify Inc. is a company based in Buenos Aires, Argentina, specializing in digital out-of-home advertising. It provides a platform that enables brands to target outdoor audiences with relevant advertisements in real-time. Taggify's technology includes a full-stack programmatic digital out-of-home (DOOH) solution that enhances user experience and allows brands to forecast campaign performance before launch. In addition to outdoor advertising, Taggify offers services for publishers and bloggers to monetize their websites through contextual advertisements in images, text, videos, and links. Since securing initial investment in 2012, Taggify has established itself as a profitable entity within the growing $16 billion digital out-of-home advertising market.

Happyshop

Series B in 2012
We are convinced that mobile can push a change in consumer behavior never seen before, bridging online and offline into a single delightful experience. Mobile rapidly changes both consumers’ expectations and the overall shopping experience, that´s why Happyshop born…. Happyshop is a Software as a Service (SaaS) company for Mobile Marketing, specially designed for retail and his brands. We turns retail stores into interactive spaces where brands can comunicate in a personal way with the shopper enhancing their shopping experience and allowing brands to get the highest media performance. This company born´s to adapt to changes created by Mobile regarding consumers´expectation, our mision is to enhance the shopping experience and improve communication, preparing retail and brands for the new shopper 2.0 and the Onmichannel world. We drive happyshopppers! Because we only give them valued real-time content and offers in the best moment and place! For CPG brands Happyshop has created a new and innovative mobile advertising format named “adinstore™", brands can finally communicate in a relevant way with the consumer during their “purchase decision process”, creating brand experiences that capture and engage customers and prospects from our advertisers. The main benefits of adinstore is that we don't break the mobile user experience resulting in greater engagement (CTR > 10%) and performance. Happyshop, prize winner of Innova Chile, has earned a government sponsored grant, allowing the start-up to attract in his initial stage the interest of various investors and received more than 6,5 US$ MM (series A & B funding) Happyshop worked with a lot of merchants and leading retail companies in Latam (Falabella, Sodimac, Salcobrand, Parque Arauco) and important CPG brands (Loreal, Nivea, Nestle Eucerine, 3M..) and have operations in Chile and Colombia with his recently partnership with the biggest media company names "El Tiempo Casa Editorial (http://es.wikipedia.org/wiki/Casa_Editorial_El_Tiempo) http://www.crunchbase.com/organization/happyshop http://www.youtube.com/watch?v=0a0qyWb7dpI http://www.happyshop.com

ClickMagic

Venture Round in 2011
ClickMagic SpA is an affiliate and performance marketing company established in 2009, headquartered in Las Condes, Chile, with a presence in major Latin American markets including Brazil, Argentina, Mexico, Colombia, and Peru. The company specializes in providing online marketing services tailored for advertising agencies, advertisers, and publishers. Its offerings encompass affiliate and display marketing, lead generation, search engine and mobile marketing, as well as Facebook social ads. ClickMagic caters to a diverse array of industries, such as e-commerce, financial services, automotive, travel and tourism, entertainment, consumer goods, and education. By delivering high-quality, high-converting traffic for performance campaigns, ClickMagic assists advertisers in reaching their target audiences while enabling publishers to effectively monetize their inventory.

Hadza

Venture Round in 2011
Hadza operates an online platform that shares videos, photos, and audios. The company develops a technology to synchronize videos taken at any event by multiple smartphones. Hadza is based in Chile, Minas Gerais, Brazil.

Happyshop

Series A in 2011
We are convinced that mobile can push a change in consumer behavior never seen before, bridging online and offline into a single delightful experience. Mobile rapidly changes both consumers’ expectations and the overall shopping experience, that´s why Happyshop born…. Happyshop is a Software as a Service (SaaS) company for Mobile Marketing, specially designed for retail and his brands. We turns retail stores into interactive spaces where brands can comunicate in a personal way with the shopper enhancing their shopping experience and allowing brands to get the highest media performance. This company born´s to adapt to changes created by Mobile regarding consumers´expectation, our mision is to enhance the shopping experience and improve communication, preparing retail and brands for the new shopper 2.0 and the Onmichannel world. We drive happyshopppers! Because we only give them valued real-time content and offers in the best moment and place! For CPG brands Happyshop has created a new and innovative mobile advertising format named “adinstore™", brands can finally communicate in a relevant way with the consumer during their “purchase decision process”, creating brand experiences that capture and engage customers and prospects from our advertisers. The main benefits of adinstore is that we don't break the mobile user experience resulting in greater engagement (CTR > 10%) and performance. Happyshop, prize winner of Innova Chile, has earned a government sponsored grant, allowing the start-up to attract in his initial stage the interest of various investors and received more than 6,5 US$ MM (series A & B funding) Happyshop worked with a lot of merchants and leading retail companies in Latam (Falabella, Sodimac, Salcobrand, Parque Arauco) and important CPG brands (Loreal, Nivea, Nestle Eucerine, 3M..) and have operations in Chile and Colombia with his recently partnership with the biggest media company names "El Tiempo Casa Editorial (http://es.wikipedia.org/wiki/Casa_Editorial_El_Tiempo) http://www.crunchbase.com/organization/happyshop http://www.youtube.com/watch?v=0a0qyWb7dpI http://www.happyshop.com

Modyo

Venture Round in 2011
Modyo SpA, founded in 2007 and headquartered in Santiago, Chile, offers a comprehensive platform for developing and managing websites and mobile sites. This platform allows businesses to interact with customers through digital channels and includes features such as an analysis dashboard to assess website performance and marketing effectiveness. Modyo also provides tools to understand customer interests and interactions, facilitating digital transformation for large enterprises. With additional locations in Barcelona, Spain, and Sao Paulo, Brazil, Modyo has established itself as a key player in the technology sector, attracting talent that is committed to building a world-class software company.

Andes Biotechnologies

Venture Round in 2011
Andes Biotechnologies S.A. is a biotechnology company based in Santiago, Chile, focused on the research, development, and marketing of anti-cancer therapies in the United States and Europe. Founded in 2008, the company specializes in nucleic acid-based drug discovery, targeting solid tumor cancers. It has identified two novel families of long non-coding RNAs—sense (S-RNA) and antisense (AS-RNA)—which are synthesized in mitochondria and migrate to the nucleus. Their proprietary technology utilizes oligonucleotide drugs to target these regulatory RNAs in tumor cells, inducing apoptosis while sparing normal cells. Andes Biotechnologies is advancing its lead drug, Andes-1537, through clinical development and has an active investigational new drug application in the United States. The company benefits from a strong management team, a network of collaborators in the cancer research field, and a comprehensive intellectual property portfolio.

ClickMagic

Series A in 2010
ClickMagic SpA is an affiliate and performance marketing company established in 2009, headquartered in Las Condes, Chile, with a presence in major Latin American markets including Brazil, Argentina, Mexico, Colombia, and Peru. The company specializes in providing online marketing services tailored for advertising agencies, advertisers, and publishers. Its offerings encompass affiliate and display marketing, lead generation, search engine and mobile marketing, as well as Facebook social ads. ClickMagic caters to a diverse array of industries, such as e-commerce, financial services, automotive, travel and tourism, entertainment, consumer goods, and education. By delivering high-quality, high-converting traffic for performance campaigns, ClickMagic assists advertisers in reaching their target audiences while enabling publishers to effectively monetize their inventory.

Zappedy

Seed Round in 2010
Until being acquired by [Groupon](/organization/groupon) in July 2011, Zappedy provided services to enable local businesses to market themselves online as well as reach their customers and track their offline purchases.
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