Vulcano

Overview

Vulcano is a Chilean venture capital firm that focuses on investing in early-stage technology startups across Latin America. The firm is managed by Dadneo and was launched in 2018 with a fund size of approximately US$18 million. Vulcano primarily invests in scaling and internationalizing technology startups in Chile and Latin America, participating in seed and growth rounds. The firm has shown interest in solutions based on artificial intelligence and digital health. Historically, investment tickets have ranged from approximately US$300,000 to US$1,600,000. Representative portfolio companies include Terapi, Apanio, Wheel the World, Moovin, and Emonk. Vulcano seeks technology companies with traction that are in the scaling and internationalization stages, prioritizing scalable models and teams capable of regional expansion. The firm's investment focus spans sectors such as AI/Machine Learning, Health Tech, E-commerce, FinTech, SaaS, Logistics, Travel & Tourism, EdTech, HRTech, and Enterprise Software. Vulcano's typical investment tickets range from US$300,000 to US$1,600,000, aiming to lead or co-lead scaling rounds. The firm's investment criteria include verifiable traction and growth metrics, founding teams with experience and internationalization capacity, and scalable business models with clear regional market potential. Vulcano adds value by supporting international expansion, connecting with angel and institutional investors, providing strategic guidance, and offering commercial contacts in the region. The firm also brings experience in scaling processes and governance for growing startups.

Investment Focus

• Verifiable traction and growth metrics
• Founding teams with experience and internationalization capacity
• Scalable business models with clear regional market potential

Portfolio Companies