Investors in Uruguay

The National Agency for Research and Innovation (ANII) is a government agency that promotes research and application of new knowledge to productive and social reality of the country. ANII available to the public funding for research projects, scholarships national and international graduate programs and incentive programs for innovativeentrepreneurship and culture, both in the private and public sectors.ANII developed the National Research System, a program of national economic researchers categorized based on a strict evaluation system incentives. He also created the Portal Timbo, which allows free access to all kinds of scientific publications worldwide for all Uruguayans.

Grupo Pegasus is a private business group that develops, manages and invests in companies in Argentina and across Latin America.Founded in 2000, Pegasus has led private investments in the healthcare, retail, agribusiness, real estate, technological, and financial sectors.With corporate offices in Buenos Aires and Bogota, Pegasus has developed a regional presence through its portfolio companies that operate in Argentina, Uruguay, Brazil, Chile, Paraguay, Bolivia, Colombia, Mexico, and the United States.

inCapital is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments, it makes turnaround, emerging growth, seed/startup, early, mid venture, recapitalization, buyout, and growth capital investments. Within fund of fund investments, it invests in private equity funds. The firm seeks to invest in the internet retail, multiline retail, consumer finance, food products, television advertising, ground postal and courier delivery services, software and services, and pharmaceutical sector. It invests in Uruguay. It typically invests between $5 million and $20 million in companies with annual value between $5 million to $10 million, enterprise value between $10 million and $100 million, and EBITDA between $0.5 million and $20 million. The firms makes balance sheet investments and also invests through its personal capital. inCapital was founded in 2012 and is based in Montevideo, Uruguay.

We invest in founders based in CAPUC (Chile, Argentina, Peru, Uruguay, and Colombia). We're industry agnostic, but we mostly look at deals in FinTech, AgTech, Food Tech, Marketplace, EdTech, AI/ ML, SaaS, DTC. Digital Transformation is disrupting all social interactions, changing the way we learn, collaborate, and connect with new people. We invest to solve problems at the core of our envisioned future.

We are a private fund focused on seed capital and pre-series A, in a permanent search for entrepreneurs with disruptive projects, rapid scaling potential and extraordinary focus on execution capacity. Our team is led by partners focused on the development of the Latin American entrepreneurial ecosystem, with both entrepreneurial and investment experience, and with a strong vocation and track record of public service and commitment to their communities.

Clara Capital S.A. is a private equity firm specializing in middle market, growth capital, buyout, industry consolidation, recapitalizations, financial restructuring and successions. The firm seeks to invest in pharma, packaging, chemicals and services. The firm focuses mainly in Argentina and Uruguay but also invests in Chile, Peru, Colombia and Mexico. The firm makes equity investment between $ 5 million and $30 million. Clara Capital S.A. was founded in 2012 and it is based in Buenos Aires, Argentina.

Glocal Managers SRL is an Accelerator investing both directly and fund of fund investments. In direct investment, the firm specializes in seed, startup and early venture investments in mid sized companies. In fund of fund investment, the firm specializes in venture capital funds. It focus on the agribusiness sector, such as in farming and foods industry, including agrifoodtech, agritech, biotech, agri-fintech and agri-insurtec. It seeks to invest in Latin America, Brazil, Chile, Mexico, Argentina, Paraguay and Uruguay. It typically invests between $0.025 to $0.5 million in its portfolio companies. Glocal Managers SRL was founded in 2015 and it is based in Santa Fe, Argentina.

Incubadora Sinergia is a venture capital firm specializing in incubation, and seed/startups. The firm seeks to invest in Fintech companies based in Uruguay. The firm typically invests up to $0.02 million in each portfolio company. it typically acquire a 4% in stake per transaction. Incubadora Sinergia was founded in 2014 and is headquartered in Montevideo, Uruguay with an additional office in Punta del Este, Uruguay.

Alten Capital Group, LLC is a private equity investment firm specializing in middle market investments. It seeks to invest in the Latin American and Caribbean region with a focus on Cuba, Dominican Republic, Haiti, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, and Venezuela. The firm prefers to take a seat on the board of its portfolio companies. It also makes public investments. It can take a minority or majority stake in its portfolio companies and also co-invests with other firms. Alten Capital Group, LLC is based in United States with an additional office in Buenos Aires, Argentina.

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV, Investment Arm is a private equity and venture capital of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. specializing in direct and fund of fund investments. Within direct investments, it invests in middle market, mature, later stage, seed/startup, early venture, emerging growth, recapitalization, buyout, and growth capital investments. Within fund of fund investments, it invests in private equity funds, venture capital funds, and mezzanine funds. It does not invest production or activities involving forced labour or child labour; production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements; production or trade in a weapons and munitions, tobacco, hard liquor, gambling, casinos and equivalent enterprises; any business relating to pornography or prostitution; coal or coal mining; trade in wildlife or wildlife products regulated under CITES; production or use of or trade in hazardous materials such as radioactive materials, unbounded asbestos fibres and products containing PCBs; cross-border trade in waste and waste products unless compliant to the Basel Convention and the underlying regulations; drift net fishing in the marine environment using nets in excess of 2.5 km in length; production, use of or trade in pharmaceuticals, pesticides/herbicides, chemicals, ozone depleting substances and other hazardous substances subject to international phase-outs or bans; significant conversion or degradation of critical habitat; production and distribution of racist and anti-democratic media; significant alteration, damage, or removal of any critical cultural heritage; relocation of indigenous peoples from traditional or customary lands. The firm seeks to invest in agriculture and fisheries, mining, agribusiness, manufacturing industry, service sector, banking and insurance industry, housing, finance, energy, trade industry, Information technology, consumer staples, environment and infrastructure sectors. Within the housing sector, the firm seeks to invest in companies primarily operating in the land acquisition, infrastructure and construction, mortgage finance, leasing, building-related sustainability and housing-microfinance activities. Within the energy domain, it seeks to invest in developing energy-efficient technologies to distributing renewable energy. In case of its finance sector investments, the firm focuses on financial institutions, including banks, and microfinance institutions. In case of Infrastructure, the firm invests in infrastructure projects that contribute to development or improvement of socio-economic infrastructure such as the power, telecom, water, transport, environmental, and social infrastructure sectors. It seeks to invest in developing companies and emerging markets. It invests in Africa with a focus on Morocco, Tunisia, Angola, Botswana Benin, Burkina Faso, Cameroon, Democratic Republic of the Congo, Côte d'Ivoire, Mali, Ghana, Kenya, Mozambique, Senegal, Nigeria Tanzania, Uganda and Zambia. It also invests in Turkey, Lebanon, Kyrgyzstan, Kazakhstan, Uzbekistan, India, China, Bangladesh, Nepal, Pakistan, Sri Lanka, Indonesia, Thailand, Philippines, Vietnam, Costa Rica, Guatemala, Panama, Mexico, Netherlands, Croatia, Hungary, Malta, Poland ,Romania, Aruba, Dominican Republic, Netherlands Antilles, Argentina, Colombia, Brazil, Peru, Uruguay and Russia with a focus on Slovakia. It prefers to invests between €3 million ($4.28 million) and €5 million ($7.14 million) per company. The firm makes seed capital investments of minimum €1 million ($1.43 million) per company or fund. The firm takes minority equity stakes between 10% and 35% in private companies. It prefers to exit its direct equity investments in five years. The fund provides loans of up to €15.5 million ($20.92 million). It also co-invests. Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV, Investment Arm was founded in 1970 and is based in The Hague, Netherlands with additional offices in Nairobi, Kenya; Johannesburg, South Africa and San Jose, Costa Rica.