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The startup scene across Chile

Where startups are forming across Chile: the cities, accelerators and investors, and how you get close to them.

Capital
Santiago
Region
South America
Population
18,729,160
Currency
CLP
Fig. 1134 · Copihue

The ecosystem

The 2025 Global Innovation Index ranks Chile 51st among 139 economies, with 43rd place on inputs and 63rd on outputs; WIPO reports no Chilean cluster among the index’s top innovation clusters.

Sectors and strengths

Historical OECD findings in its 2021 survey put information-industry R&D intensity at 0.01% of GDP in Chile versus 0.6% across OECD countries. The same report says 11% of surveyed Chilean companies had introduced technological innovation, compared with 35% in the rest of the OECD.

As of . Official information. Source: Making digital transformation work for all in Chile: OECD Economic Surveys: Chile 2021

Hubs and regional differences

An OECD survey cites a 2016 estimate that metropolitan Santiago contained 80% of Chile’s startups. StartupBlink’s 2026 index puts Santiago’s ecosystem-strength measure 4,169% above Valparaíso’s and identifies Talca as a newly added Chilean city; these are index findings, not company counts.

As of . Official information. Source: Making digital transformation work for all in Chile: OECD Economic Surveys: Chile 2021; Chile Startup Ecosystem - Rankings, Startups, and Insights

Startup Genome reports US$5 billion in ecosystem value for the combined Santiago–Valparaíso ecosystem over H2 2023 through 2025, including US$316 million in Seed and Series A tech-startup funding over that period. It separately reports US$1 billion in exits from 2021 through 2025.

As of . Official information. Source: Santiago-Valparaiso Ecosystem by the Numbers

Notable companies

Start-Up Chile listed Batera and DeRaíz with headquarters in Chile in July 2026. Its descriptions characterize Batera as combining energy supply, behind-the-meter batteries, and proprietary AI optimization for industrial and commercial customers in Chile, and DeRaíz as converting coffee grounds into circular biomaterials using biotechnology and materials science.

As of . Official information. Source: BIG 12: Get to know the new batch

Capital providers

ChileGlobal Angels describes an early-stage technology investment pathway, with investments starting at US$10,000 and co-investment promoted. Kayyak Ventures targets Seed, Series A, and Series B, may invest up to US$5 million in a new investment, and primarily backs Latin American companies while also considering Latin founders in the United States or Europe.

As of . Official information. Source: Kayyak Ventures; ChileGlobal Angels

CORFO describes long-term credit lines for qualifying Chile-incorporated venture funds, with private contributions potentially matched, doubled, or tripled. Its fund-level size ranges are US$6.7 million to US$33 million for Early Technology Development Stages, US$6.7 million to US$55 million for Early Development Stages, and US$6.7 million to US$89 million for Development and Growth; these are not company check sizes.

As of . Official information. Source: PROGRAMS – Venture Capital Chile

Startup support programs

Start-Up Chile’s Ignite page describes a four-month accelerator and financing program for startups from any industry and country, with a functional product, early validation, and less than three years of development. It describes a CLP 30 million non-equity grant and a possible additional CLP 20 million extension; the page asks prospective applicants to watch for the next call, so application status was not established.

As of . Application availability not verified. Official information. Source: Ignite – Start-Up Chile

For founders

Check the territory and dates of each CORFO Innova Región round rather than treating the national program page as a single application window. Ignite’s page describes its product-stage and funding terms but asks applicants to await the next call; BOOST Startup UdeC’s 2026 round was limited to eligible UdeC student teams and is closed.

As of . Official information. Source: Ignite – Start-Up Chile; Innova Región; BOOST Startup UdeC; UdeC lanza fondo para financiar startups científico-tecnológicas lideradas por estudiantes

For investors

ChileGlobal Angels describes an early-stage technology investment route starting at US$10,000, while Kayyak Ventures lists Seed through Series B and a maximum US$5 million new investment. Treat Startup Genome’s Santiago–Valparaíso funding and exit figures as measures of that combined regional ecosystem, not a national total.

As of . Official information. Source: Santiago-Valparaiso Ecosystem by the Numbers; Kayyak Ventures; ChileGlobal Angels

Constraints and recent changes

StartupBlink reports that Chilean startup funding rose 106.2% from 2024 to 2025 while the reported deal count fell 55.56%. The figures show a shift in its reported annual totals but do not explain its cause.

As of . Official information. Source: Chile Startup Ecosystem - Rankings, Startups, and Insights

Startup ecosystem standing

Where Chile ranks

Rankings that list Chile
RankingEditionPositionSince last editionTrustWhat it measures
Global Startup Ecosystem Index (countries)2025#37No prior editionBEcosystem, Activity, Finance, Business Climate
IMD World Competitiveness Ranking2026#43Up 1BCompetitiveness, Business Climate, Performance
Global Innovation Index2025#51No changeAInnovation, Competitiveness, Research, Talent
Bloomberg Innovation Index2019#58No prior editionBInnovation, Research
Doing Business (Ease of Doing Business ranking)Doing Business 2020#59Down 3BBusiness Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

124 organizations with a profile

Who's based in Chile

Investors 88

Start-Up Chile logoInvestor

Start-Up Chile is a government-backed accelerator program established in 2010, designed to attract global entrepreneurial talent and foster innovation…

BTG Pactual Chile logoInvestor

Leading investment bank in Latin America, specializing in diverse financial services.

The 3 most prominent of 88. Browse all investors

Venture studios 13

Reciprocal logoVenture studio

Building climate solutions for a sustainable future.

The 3 most prominent of 13. Browse all venture studios

Incubators 12

IncubatecUFRO logoIncubator

Business incubator supporting entrepreneurship and innovation.

Digevo Ventures logoIncubator

Incubator and company builder for AI-driven startups.

The 3 most prominent of 12. Browse all incubators

Accelerators 11

Imagine logoAccelerator

Imagine is a Chilean accelerator and incubator focused on supporting startups and corporations through innovation and transformation. Founded in 2013,…

Instituto 3IE logoAccelerator

Fostering innovation and entrepreneurship in Chile.

UDD Ventures logoAccelerator

Accelerating startups in social innovation.

The 3 most prominent of 11. Browse all accelerators

Pick what describes you

Your way in

City guides

Cities in Chile

Questions about Chile

How does Chile rank as a startup ecosystem?

Its best position is #37 in StartupBlink Index (countries) (2025). It appears in 5 published rankings; the table above lists each one.

How many startup investors are based in Chile?

88 investors based in Chile have a profile here, including Fundación Chile, Start-Up Chile and BTG Pactual Chile. The real number is higher.

Are there accelerators or incubators in Chile?

Yes. Chile has 11 accelerators, 12 incubators and 13 venture studios on record, including Imagine, Incubadora Chrysalis PUCV and Dropout Capital.

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