Investor Profile: Fen Ventures — Thesis, Cheque Size & How to Apply

Introduction

Fen Ventures is an early stage venture capital firm based in Santiago, Chile, founded in 2012. It invests in technology based companies from Latin America, backing founders with regional roots and global ambition, and it is explicit that it wants to be closely involved in the companies it backs rather than writing a cheque and stepping back.

Thesis

The thesis is that Latin American founders can build technology companies that improve quality of life in the region and scale globally. The firm says it looks for visionary projects and ambitious entrepreneurs. It has reinvested in companies that beat plan, including energy technology company Splight after it won a first United States client within a year.

Sectors and stages

Fen Ventures invests at pre seed, seed and Series A. It calls itself agnostic and generalist, with a focus, though not exclusively, on fintech, software as a service and biotech, plus logistics, proptech, healthcare, climate technology and other sectors. It invests in Spanish speaking Latin American startups, meaning Brazil is excluded, and requires at least one Latin American on the founding team, even if the company is based in the United States or United Kingdom.

Fund size and cheque size

The total fund size and standard cheque size for Fen Ventures are not publicly disclosed on the firm's official website, and third party fund databases do not publish a current fund size for its latest vehicle. What is public is the stage discipline and follow on capacity. Its third fund, Fen Ventures III, is co managed with Activa Alternative Assets, domiciled in Chile and reported as closed, but its size is not published in the sources reviewed.

Notable portfolio

Recent portfolio names include Magnar, an artificial intelligence legal technology assistant, Cifrato, a financial software company, Splight, an artificial intelligence power grid company, and Kunzapp, a business software company. Earlier investments include Michroma, Wynwood House, Houm, Simetrik and Lentesplus, showing a generalist spread across fintech, software, biotech, energy and consumer businesses.

Partners and team

Fen Ventures is a small Santiago based team. Associates such as Andrés Yunge have spoken publicly about its decisions, including the follow on investment in Splight. Expect diligence to test the team and market vision as much as the product, and expect an investor that wants regular, substantive involvement after the round.

Programs, credits and perks

Fen Ventures runs no public accelerator programme, and no published credits or perks programme was found in the sources reviewed. Support is direct investment plus hands on involvement in strategy, hiring, customers and follow on fundraising. Founders who need structured accelerator benefits or cloud credits should ask about them directly during diligence rather than assuming they are included.

How to apply for funding from Fen Ventures

Fen Ventures invites founders to pitch through the form on its official website, where it says it evaluates each pitch against its thesis and contacts aligned founders for an initial meeting. That form is the verified route in. Check the hard filters first: at least one Latin American founder, and Spanish speaking Latin American origin. Lead with the team, the problem, traction evidence and a credible plan to scale beyond the home market.