Chile has become a hub for startups in recent years, with many innovative companies emerging and making their mark in various industries. Among these companies, there are 2 only that have achieved the elusive unicorn status – being valued at over $1 billion. These companies are not only impressive for their financial success but also for their impact on the Chile economy and their respective industries.
So without further ado, let’s dive into the world of Chile’s unicorn companies!
List of 2 Unicorns in Chile
1. NotCo
A Chilean plant-based food company that provides plant-based food solutions and services for individuals and businesses.
Company Details:
- Valuation: $1.50$B
- Investors Name: Kaszek Ventures, SOSV, Tiger Global Management
- City: Santiago
- Industry: Artificial Intelligence
- Total Funding Raised: $395.84M
- Founded Year: 2015
- Joined Unicorn Club: 7/26/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://notco.com/
2. Betterfly
An Egyptian edtech company that provides online learning solutions and services for individuals and businesses.
Company Details:
- Valuation: $1$B
- Investors Name: QED Investors, DST Global, Endeavor
- City: Santiago
- Industry: Artificial intelligence
- Total Funding Raised: $202.5M
- Founded Year: 2018
- Joined Unicorn Club: 2/1/2022
- Total Investors:
- Total Deal Terms: 1
- Website: https://betterfly.co/
Conclusion
So, these 2 unicorn companies in Chile have achieved great success and are making an impact in their respective industries. Whether you’re an investor or a business enthusiast, these companies are definitely worth watching in the future.