Fen Ventures

Fen Ventures is a prominent early-stage venture capital fund based in Santiago, Chile, with a dedicated focus on tech-enabled companies across Latin America. Established in 2012, the firm seeks out high-growth potential businesses led by exceptional teams that are building a better future for the region. Their investment thesis is broad yet strategic, targeting sectors such as SaaS, Fintech, E-commerce, Edtech, Healthtech, Proptech, and Logistics, reflecting a commitment to digital transformation and societal impact within LatAm.

The firm typically engages in Seed and Series A rounds, providing crucial early capital to promising startups. Fen Ventures is known for its initial investment ticket sizes, which range from $250,000 to $1,000,000 USD. Beyond the initial cheque, they actively support their portfolio companies through subsequent funding rounds, demonstrating a strong commitment to their growth by investing up to $3,000,000 USD per company in follow-on capital. This long-term approach helps foster the development of their ventures from nascent stages to more mature growth phases.

Fen Ventures has built a robust portfolio, having invested in over 30 companies across various Latin American countries. This extensive portfolio underscores their deep regional expertise and network. A testament to the success and potential of their investments, their portfolio companies have collectively raised over $1.5 billion USD in follow-on capital from other investors. The firm has successfully raised multiple funds, including Fund I (2012), Fund II (2018), and Fund III (2022), with the latter reportedly targeting a size of $50 million, indicating a growing capacity and continued commitment to the LatAm startup ecosystem.