CORFO

CORFO is an executing agency of government policy in the field of entrepreneurship and innovation, working to create conditions for building a society of opportunities. Compatible with the central tendencies of a social market economy, CORFO provides tools and instruments to support entrepreneurs and innovators.

Hernán Valenzuela Cheyre

Council Vice CORFO Executive Vice President of CORFO

corpzo India

Manager

Rafael Guilisasti Win

Council Member of CORFO Representative of the President of the Republic

Felix de Vicente Mingo

President of CORFO Council Minister of Economy, Development and Tourism

Past deals in Chile

Mywacc

Angel Round in 2023
We are a fintech that offers valuation services to provide start-ups and small businesses with accurate, reliable, and affordable financial valuations (leveraged in AI), as well as access to capital and additional services that could help them make better financial decisions and improve their chances of success. Funded by Corfo Chile. Partnership from UDD Ventures. Part of Microsoft for Startups Founders Hub

FirmaVirtual

Grant in 2022
FirmaVirtual is an online platform that allows individuals and businesses in Chile to sign, certify, and notarize documents entirely online. This service addresses the significant time loss associated with traditional notarial transactions, which affects various sectors such as real estate, legal, and accounting. By offering a secure and user-friendly interface, FirmaVirtual enables users to manage client information, document status, and payment processes efficiently. The platform also offers the option for notarization at home for procedures requiring in-person attendance, contributing to convenience and health safety. FirmaVirtual targets a market exceeding $50 million annually, capitalizing on the growing trend toward digitalization and the increasing use of electronic signatures. The company supports sustainability by reducing paper waste and minimizing transportation-related pollution, while also providing access to notary services for underserved populations. Additionally, the platform includes features for online legal advice in areas like real estate law, facilitating contract management and conflict resolution. Overall, FirmaVirtual represents a modern solution to notarial services in Chile, enhancing accessibility and efficiency while promoting environmental responsibility.

Chucaw

Pre Seed Round in 2022
Chucaw is an innovative startup that leads the vanguard in science and technology to combat climate vulnerability. Our company specializes in the application of cognitive digital twins, Artificial Intelligence (AI), satellite technologies and geosciences, complemented with valuable local knowledge, to create strategies to manage and adapt to natural disasters and working hand in hand with CSR and ESG of insurers, banks and corporations. We are dedicated to integrating the local knowledge of disaster-affected communities with the latest scientific and technological advances, working closely with governments, businesses and civil organizations to strengthen their adaptive capacity and resilience. We have received several awards and funding, including the French government award in Chile Trophée Startup (https://www.inria.cl/es/emprendimientos-ganadores-del-trophee-startup-se-preparan-para-su-aceleracion-en-francia), and we are currently founders of the first AI startup chamber in Chile, and plan to set up in France during 2025, given the contacts and opportunities we have discussed in person with some potential partners, including INRIA, RisingSud, Choose Paris Region, and taking advantage of the new Chile-France cooperation agreement (https://inria.cl/en/chilean-ministry-science-and-inria-announce-creation-binational-center-artificial-intelligence).

FirmaVirtual

Grant in 2021
FirmaVirtual is an online platform that allows individuals and businesses in Chile to sign, certify, and notarize documents entirely online. This service addresses the significant time loss associated with traditional notarial transactions, which affects various sectors such as real estate, legal, and accounting. By offering a secure and user-friendly interface, FirmaVirtual enables users to manage client information, document status, and payment processes efficiently. The platform also offers the option for notarization at home for procedures requiring in-person attendance, contributing to convenience and health safety. FirmaVirtual targets a market exceeding $50 million annually, capitalizing on the growing trend toward digitalization and the increasing use of electronic signatures. The company supports sustainability by reducing paper waste and minimizing transportation-related pollution, while also providing access to notary services for underserved populations. Additionally, the platform includes features for online legal advice in areas like real estate law, facilitating contract management and conflict resolution. Overall, FirmaVirtual represents a modern solution to notarial services in Chile, enhancing accessibility and efficiency while promoting environmental responsibility.

Vitzana

Grant in 2021
Social platform for Chronic disease patients. We connect patients with treatment providers through data models. We have reached over 2000 users in the last year. And developed projects for pharmaceutical companies in Chile.

FirmaVirtual

Grant in 2021
FirmaVirtual is an online platform that allows individuals and businesses in Chile to sign, certify, and notarize documents entirely online. This service addresses the significant time loss associated with traditional notarial transactions, which affects various sectors such as real estate, legal, and accounting. By offering a secure and user-friendly interface, FirmaVirtual enables users to manage client information, document status, and payment processes efficiently. The platform also offers the option for notarization at home for procedures requiring in-person attendance, contributing to convenience and health safety. FirmaVirtual targets a market exceeding $50 million annually, capitalizing on the growing trend toward digitalization and the increasing use of electronic signatures. The company supports sustainability by reducing paper waste and minimizing transportation-related pollution, while also providing access to notary services for underserved populations. Additionally, the platform includes features for online legal advice in areas like real estate law, facilitating contract management and conflict resolution. Overall, FirmaVirtual represents a modern solution to notarial services in Chile, enhancing accessibility and efficiency while promoting environmental responsibility.

Done Properly

Grant in 2019
Done Properly Company SpA is a food technology company based in Santiago, Chile, founded in 2017. It specializes in manufacturing vitamins and nutritional supplements, including probiotic drinks, protein powders, and food ingredients aimed at enhancing gastrointestinal health. The company focuses on developing innovative ingredients through fermentation technologies, catering to the food industry’s need for healthier and more sustainable products. By collaborating with consumer packaged goods companies and major global food corporations, Done Properly enables these partners to reformulate their offerings in line with emerging consumer trends for healthier and environmentally friendly options, all while maintaining the existing consumer experience.

The Live Green

Pre Seed Round in 2019
The Live Green Company, founded in 2018 and based in Santiago, Chile, specializes in developing plant-based food products. The company offers a range of items, including live green burger mixes and pancake mixes. Utilizing advanced technology, The Live Green Company employs proprietary methods that combine big data, artificial intelligence, machine learning, and precision fermentation to enhance the functionality and sustainability of consumer packaged goods. This innovative approach allows the company to research and develop active functional ingredients efficiently, contributing to its mission of creating cleaner and more sustainable food options.

BioPub-WriteWise

Grant in 2017
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.

PostedIn

Seed Round in 2016
PostedIn SpA is a Chilean company that operates an online platform designed for the creation and management of on-demand content. Founded in 2013 and based in Providencia, the company specializes in producing a variety of content types, including articles, social media publications, e-books, infographics, and videos. PostedIn serves as a hub for organic marketing solutions in Latin America, offering tailored inbound marketing strategies that focus on lead attraction and search engine optimization. The platform aids in developing original content and implements digital public relations and link-building campaigns to enhance website authority. Additionally, PostedIn provides technological innovation through its content marketing platform, allowing clients to manage their content processes efficiently and improve web performance.

Aveeza

Seed Round in 2015
Aveeza operates a mobile application that connects parents with school van drivers, allowing them to ensure safe and reliable transportation for their children to and from school. The app, available on both Android and iOS, enables parents to monitor their child's journey in real time and reserve drivers for additional transport needs, such as after-school activities. Once a driver is selected, they remain the designated driver for the child throughout the school year, providing consistent pickup and drop-off times. Additionally, drivers can earn extra income by offering their services beyond school runs. Aveeza currently connects approximately 30,000 drivers with over 600,000 children in Chile, addressing a significant market within the region. By accommodating a maximum of 15 children per vehicle, the service not only enhances safety but also contributes to reducing traffic congestion.

FACTO

Grant in 2015
FACTO is a Chilean software company that specializes in providing a Social ERP platform tailored for small and medium-sized businesses (SMBs). The software facilitates order and control within business operations while promoting sales growth and enhancing relationships with customers and suppliers. It is recognized as the sixth most utilized management software in Chile, demonstrating significant market presence with an average customer growth rate of 72% and a revenue growth rate of 257% annually. The platform offers a comprehensive suite of automated processes, including invoicing, cash flow management, inventory oversight, and user management, enabling businesses to effectively track sales, purchases, and various operational activities.

Clikma

Seed Round in 2014
Clikma LMS is a comprehensive learning management system for large businesses. Built on Google Cloud Platform’s technology stack, Clikma LMS uses a modular approach to build customized learning solutions for its clients. Since its market launch in Chile in 2020, Clikma has added several marquee brands in retail, banking, mining, logistics and manufacturing sectors to its portfolio of customers. Clikma leverages Google’s generative AI technology and its chatbot to build AI products to enhance its LMS. ClikSearch is an enterprise search tool powered by semantic search capability that additionally gives recommendations by extracting the meaning from the data. ClikBot is a virtual agent that can analyze large amount of data and have conversations about the content with the end users.

MotelNow

Funding Round in 2014
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.

Syrenaica

Seed Round in 2013
Syrenaica is an independent interactive entertainment software company based in Santiago, Chile, specializing in the development and publishing of interactive software for various platforms, including desktop computers and mobile devices. The company is dedicated to creating innovative games that foster a culture of joy and passion among both its development teams and users. Syrenaica emphasizes a collaborative work environment that aligns with its core values, aiming to enhance the gaming experience globally. The company is also committed to supporting the growth of the gaming industry in Chile through initiatives such as the Syrenaica Academy, which focuses on strengthening human capital. Syrenaica's first product, "Evilot," is a puzzle/defense game available on iOS, PC, and Android, with plans for further releases in the near future.

Deenty

Seed Round in 2013
Deenty is a healthcare technology company based in Santiago, Chile, that specializes in creating an online platform to connect dentists with patients. The platform is designed to assist dentists in attracting more patients while modernizing the overall patient experience. It offers features that automate routine tasks such as scheduling and appointment reminders, thereby enhancing operational efficiency. Additionally, Deenty collaborates with health insurance providers to integrate seamlessly with healthcare systems, facilitating real-time reimbursement functionalities. By focusing on education and a rating system, Deenty aims to empower patients in making informed dental care decisions while promoting affordable access to dental services.

Califix

Califix is a Chilean startup founded in 2023 that specializes in providing credit risk information for individuals and businesses. The company has developed a financial platform aimed at enhancing credit risk scores, addressing a significant need for organizations across various sectors. Califix's platform plays a crucial role in the evolving field of compliance automation, helping businesses mitigate risks and streamline their processes. By focusing on improving credit risk assessment, Califix fosters a culture of compliance and accountability, contributing to more informed decision-making in financial practices.
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