Wind Ventures

Wind Ventures is the corporate venture arm of Copec, the Chilean industrial and energy conglomerate, headquartered in Santiago. The firm writes Series A, Series B, and growth-stage checks in the $1M to $5M range, with an explicit AI/ML and health IT software focus alongside the broader Copec strategic thesis on accelerating digital transformation across Latin America. Because Wind is a strategic CVC tied to one of Chile’s largest commercial operators, the investment logic prioritizes companies whose technology can deploy across Copec’s substantial industrial, retail, and consumer-services footprint, including potential applications in employee health programs, consumer health channels, and tech-enabled service delivery. The geographic focus is Latin America with global sourcing through Wind’s US-based investment team. The right founder profile is a Series A-ready CEO running an applied AI or health IT software business with a credible thesis on Latin American expansion and a strategic angle that connects to Copec’s operating ecosystem. The wrong fit is a research-stage biotech, a deep-science platform, or a US-first SaaS business with no Latin American strategy; Wind is fundamentally a commercial technology investor with strategic regional priorities. The right entry path is through Santiago corporate-development networks, through Copec’s broader institutional ecosystem, through warm introductions from regional co-investors at firms like Kaszek, ALLVP, and Magma Partners, and through US-based Latin American venture investor communities. When pitching, lead with the strategic fit to Copec’s operating businesses and quantify the partnership value, then connect to the standalone commercial trajectory and the AI capability that materially changes the cost or outcome curve. Caveats: as with any conglomerate CVC, founders should think carefully about strategic exclusivity and information rights, and should structure terms with normal venture optionality. The healthcare-specific operating expertise within Wind is also generalist rather than deep. Use Wind Ventures when Copec partnership is genuinely accretive to your healthtech business and you need a regionally credible strategic partner with global sourcing capacity, not as a generic Latin American check.