Investment funds

mvd consulting

Catapult, is a venture capital fund that invests and supports companies of all sizes that impact the logistics industry, created by the business consulting firm MVD Consulting.


CITES is an early stage venture capital fund, which invests, accelerates and incubates projects based on disruptive science that address global market needs.


Grid Exponential is a company builder that supports the creation of biotechnology enterprises, looks for innovative scientific projects that can solve big problems at an international level, supports them to build their scientific ventures together with business ventures, and invests entrepreneurial capital.

ic ventures

IC Ventures, is a private fund that selects startups with potential for disruption, scaling and value generation in the technology or traditional sector, where technology represents a critical opportunity for transformation.


Ideas Fondos de Inversión, is a company that articulates between investors and entrepreneurs, structures investment businesses, manages them and follows up on investment contracts that finance innovative projects for companies with high growth potential.


NXTP Labs is an entrepreneurial capital fund focused on generating a large scale positive impact in Latin America by building the best ecosystem of technology entrepreneurs, mentors, investors and corporations.


ThalesLAB is an Incubator and Company Builder which supports high potential technological startups and spin-offs in early stages of their development. It has a co-investment fund for blockchain and small autonomous vehicles for agriculture and industry.


Tokai Ventures, is the angel fund with the longest history in the country. It has invested in 23 companies, 7 of which are 100% Uruguayan startups providing mentoring, infrastructure and board. It is focused on e-commerce, proptech and agrotech ventures, but it is expanding to expert and passionate entrepreneurs from all verticals.


XCALA, Latin American Association of Angel Investors, is a non-profit organization that aims to promote early-stage investment in Latin America and the Caribbean, so that more entrepreneurs can raise capital to take their businesses to the next level.


Seed Capital & Mentoring


The National Research and Innovation Agency (ANII) is the government entity that promotes research and innovation in the productive and social fields. One of its various programs is to provide funds for the start up and take off of a new innovative company, which meets the requirements of dedication, invoicing, months of constitution, and in the case of a young company, the entrepreneurs have the majority of the participation in society.


The National Development Agency (ANDE) promotes the country's development through programs that seek to improve business and territory competitiveness, with a focus on micro and SME's. Its Seed program is a non-reimbursable fund that seeks to launch or strengthen enterprises, products, services, processes and/or ways of commercialization that have differential value, dynamic growth potential, and employment generation.


Endeavor is the leading organization in the worldwide movement of high-impact entrepreneurs. It selects and supports great entrepreneurs to expand, impact and drive economic growth. In Uruguay it provides advisory, mentoring, acceleration and networking services.


Socialab, is an international foundation that in Uruguay provides support and tools to entrepreneurs to validate their idea technically and commercially, in a pre-incubation stage, where they get training in business model, financial planning, budget, impact measurement, among others. At the end of the process they develop a minimum viable product and make a first sale.


More information is available at: www.uruguayemprendedor.uy



Meet the main institutions of the ecosystem



Existing support for the different stages of the enterprises.


Check the steps to set up a company in Uruguay.