Investments
360Portfolio Exits
9Funds
1Partners & Customers
2About Start-Up Chile
Start-Up Chile provides an accelerator program. The program of the Chilean Government is to attract early-stage entrepreneurs to start their businesses in Chile. It was founded in 2010 and is based in Santiago, Chile.

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Latest Start-Up Chile News
May 22, 2023
The European company specializes in intercity and international buses that run on electricity and biogas. They will touch down in Chile with a team headed by Santiago Echeverría, managing director of FlixBus Chile. The European company FlixBus, which specializes in sustainable buses that run on electricity, biogas and biofuel, will touch down in Chile in the second half of the year. Their team will be led by Santiago Echeverría, managing director of FlixBus Chile, who is a mentor at Start-Up Chile and former CEO of the start-up TRAINFES. The firm began in 2013, as a start-up in Germany, and today is positioned as a global mobility platform with a technological and sustainable focus, operating in Europe, the United States, Asia and Brazil. Chile will be Flixbus’s second market in South America, and the 41st country in the world in which it operates. Echeverría wrote to DF to explain, “Flixbus is making bus travel comfortable, sustainable and affordable for everyone, offering high safety and quality. Our goal is to also provide this standard of service for the people of Chile.” Business model The company’s business model is based on a commercial collaboration with local bus companies, mostly small and medium-sized, with which it establishes partnerships. While FlixBus takes control of technology development, network planning, operations control, marketing and sales, quality management and continuous product expansion, its partners take care of day-to-day operations. Echeverría states that in Chile they are already associating “with some of the largest companies in the market. We are also inviting other Chilean and international operators to talk with us about possible options for cooperation.” Part of FlixBus’s global plans is to implement the first long-distance buses to run on green hydrogen in 2024, through an agreement with the German technology company Freudenberg Sealing Technologies. They are also developing a long-distance electric bus with German vehicle manufacturer Daimler Truck, which is expected to be introduced to the fleet in 2026.
Start-Up Chile Investments
360 Investments
Start-Up Chile has made 360 investments. Their latest investment was in Codify as part of their Incubator/Accelerator on May 5, 2023.

Start-Up Chile Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/24/2023 | Incubator/Accelerator | Codify | Yes | 1 | ||
3/18/2023 | Seed | Outtrip | $0.06M | Yes | 2 | |
8/9/2022 | Seed VC | Reversso | $1.6M | Yes | 2 | |
8/1/2022 | Seed VC - II | |||||
7/14/2022 | Incubator/Accelerator |
Date | 5/24/2023 | 3/18/2023 | 8/9/2022 | 8/1/2022 | 7/14/2022 |
---|---|---|---|---|---|
Round | Incubator/Accelerator | Seed | Seed VC | Seed VC - II | Incubator/Accelerator |
Company | Codify | Outtrip | Reversso | ||
Amount | $0.06M | $1.6M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 2 |
Start-Up Chile Portfolio Exits
9 Portfolio Exits
Start-Up Chile has 9 portfolio exits. Their latest portfolio exit was The Bridge on January 19, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/19/2023 | Acquired | 1 | |||
Date | 1/19/2023 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Start-Up Chile Fund History
1 Fund History
Start-Up Chile has 1 fund, including Start-Up Chile SCALE.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
1/19/2015 | Start-Up Chile SCALE | 1 |
Closing Date | 1/19/2015 |
---|---|
Fund | Start-Up Chile SCALE |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
Start-Up Chile Partners & Customers
2 Partners and customers
Start-Up Chile has 2 strategic partners and customers. Start-Up Chile recently partnered with Snap Compliance on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/1/2022 | Partner | Costa Rica | |||
Partner |
Date | 3/1/2022 | |
---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | Costa Rica | |
News Snippet | ||
Sources |
Start-Up Chile Team
11 Team Members
Start-Up Chile has 11 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Lauris Bonnet | Founder | Current | |
Name | Lauris Bonnet | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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