(Press Release) Santiago – InverSur Capital, a private investment fund management company linked to Oliver Flögel, launches its first venture capital fund, focused on high-impact information and communication technologies (ICT) ventures. The company starts its operations in Chile through the Amérigo Chile Early Stage & Growth Fund with a maximum size of US $50 million under management, from which US$ 30 million have already been committed, combining both the participation of private Limited Partners and the Financing Program for Venture Capital Investment Funds – Early-Stage Funds – of CORFO.
Amérigo Chile seeks to finance and support the best and most innovative start-ups related to the digital and technological world, identifying their growth potential, to further boost them on a global scale. Moreover, this particular fund is intended to become a strategic platform for the entrepreneurial ecosystem, adding as well further value to the current non-traditional financial ladder.
“The Chilean entrepreneurial ecosystem is experiencing a continuous sound growth. Through Amérigo Chile we want to support the growth of the best ventures through value added support that strengthens and expands their potential, in order to transform them into successful business cases, so subsequently, they deliver value to our investors”, commented Oliver Flögel Founding Partner of InverSur Capital.
“We are proud to launch this fund, as it recognizes our experience in matters related to technology, innovation and venture capital. We hope to become partners of several ventures, in order to generate value in conjunction and be part of the growth of the emerging industry as well as demonstrate the corresponding potential of the asset class”, added Nils Galdo and Rodrigo Albagli, Managing Partners of InverSur Capital.
Amérigo Chile relies on Telefónica Digital as anchor investor and selected other independent private investment fund management companies in Brazil, Colombia and Spain creating a unique network of Venture Capital funds.