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2025-04-25 10:30 Top 10

Top 10 Incubators for Deep Tech Startups in South America 2025

Top 10 Incubators for Deep Tech Startups in South America 2025

South America is rapidly becoming a fertile ground for deep tech startups, with an ecosystem that nurtures innovation and technology. By 2025, various incubators are expected to lead the charge in supporting these ventures, providing them with mentorship, funding, and networking opportunities. Here’s a detailed look at the top 10 incubators projected to play vital roles in the growth of deep tech startups across the continent.
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1. Startup Chile

Description: A government-backed program, Startup Chile is designed to position Chile as a global tech innovation hub. This highly-regarded incubator attracts entrepreneurs worldwide.
Data Points:
  • Focus: General tech startups, with dedicated programs for early and seed-stage ventures.
  • Funding: Offers up to $12,000 USD for pre-acceleration and $30,000 for acceleration, along with potential follow-on funding.
  • Mentorship: Provides access to a network of mentors and advisors guiding startups.
  • Track Record: Accelerated over 1,960 startups since 2016 with a combined valuation of $2.1 billion.
  • Global Reach: Open to entrepreneurs from any country looking to base their operations in Chile.
  • Learn more about Startup Chile

2. 500 Startups LatAm

Description: The Latin American outpost of the global accelerator and venture capital fund, 500 Startups LatAm invests in early-stage startups across diverse sectors.
Data Points:
  • Focus: Early-stage tech startups across various sectors.
  • Funding: Provides seed funding, generally around $60,000.
  • Mentorship: Features an intensive 16-week program including on-site mentors and a structured educational curriculum.
  • Network: Offers access to a vast global network of investors and other entrepreneurial peers.
  • Investment Track Record: Has invested in over 170 companies, contributing $10 million in raised capital throughout Latin America.
  • Discover 500 Startups LatAm
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3. Google for Startups Accelerator

Description: This accelerator program by Google emphasizes AI and tech startups in Brazil, offering unmatched resources and insight.
Data Points:
  • Focus: Targeted at tech startups, particularly those innovating with AI.
  • Program Length: Facilitates a 12-week intensive acceleration program.
  • Mentorship: Provides startups with access to Google’s wide array of mentorship resources.
  • No Equity: The program does not require startups to give up equity.
  • Global Network: Participants gain exposure to Google’s extensive resources and global connections.
  • Explore Google for Startups Accelerator

4. ACE Startups

Description: As one of Brazil's largest and most active startup accelerators, ACE Startups is well-positioned to support innovative ventures.
Data Points:
  • Focus: Offers acceleration programs tailored for both early and growth stage startups.
  • Support: Provides mentoring, networking, and infrastructure support for participants.
  • Track Record: Has successfully accelerated many notable startups throughout Brazil.
  • Network: Enjoys a robust connection to the Brazilian startup ecosystem.
  • Specialization: Known for its customized programs tailored to high-impact startups.
  • Learn more about ACE Startups

5. Wayra

Description: The open innovation hub of Telefónica, Wayra runs programs across various South American countries, including Brazil and Peru.
Data Points:
  • Focus: Startups endeavoring to bring technology solutions closer to Telefónica's customer base.
  • Mentorship: Provides valuable mentorship opportunities via industry experts.
  • Corporate Connection: Offers pathways for collaboration and potential integration with Telefónica.
  • Regional Presence: Operates in multiple countries throughout South America.
  • Investment: Provides seed investments to promising startups.
  • Discover Wayra
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6. MassChallenge

Description: A global accelerator with a significant presence in Mexico, MassChallenge is recognized for its "Zero-cost, zero-equity" model.
Data Points:
  • Focus: Empowers high-impact startups across diverse industries.
  • Funding: Does not offer direct funding but facilitates connections with potential investors.
  • Mentorship: Engages startups through intensive mentorship and extensive networking opportunities.
  • Selectivity: Highly competitive, selecting only around 5% of applicants.
  • Impact: Accelerated 167 startups since 2016, resulting in a total of $132 million raised.
  • Learn more about MassChallenge

7. Rockstart LatAm

Description: Focusing on providing essential resources and support to entrepreneurs in Latin America, Rockstart LatAm aims to turn unique ideas into successful enterprises.
Data Points:
  • Focus: Targeted assistance for startups aiming to realize their innovative concepts.
  • Mentorship: Specialized acceleration programs featuring mentorship and industry contacts.
  • Track Record: Demonstrated history of helping startups obtain financing and enhance market visibility.
  • Expertise: Known for its tailored approach to the Latin American market.
  • Resources: Offers comprehensive resources and support for startup scalability.
  • Explore Rockstart LatAm

8. Startup Mexico

Description: As one of Mexico's largest accelerators, Startup Mexico provides both incubator and accelerator programs, promoting startup growth.
Data Points:
  • Focus: Supports startups across a wide range of industries.
  • Program Length: The incubator program runs for 6 months, while the accelerator program lasts 10 months.
  • Support: Provides essential resources, mentorship, and networking opportunities.
  • Track Record: Has accelerated over 100 startups in the last five years.
  • Infrastructure: Known for its well-equipped facilities designed for startup needs.
  • Learn more about Startup Mexico

9. The Yield Lab Latin America

Description: Based in Buenos Aires, this accelerator focuses on agtech startups in Latin America, catering to innovative agricultural solutions.
Data Points:
  • Focus: Specifically targets startups engaged in agricultural technology.
  • Mentorship: Provides specialized guidance within the AgTech sector.
  • Investment: Offers funding opportunities for promising agtech innovations.
  • Network: Holds a solid network of industry partners in the agricultural tech space.
  • Market Access: Assists startups in accessing relevant agricultural markets.
  • Discover The Yield Lab Latin America

10. BoostLAB

Description: An accelerator program initiated by BTG Pactual, BoostLAB focuses on high-growth potential startups across multiple sectors.
Data Points:
  • Focus: Primarily targets advanced-stage startups exhibiting significant growth potential.
  • Connection: Connects startups with BTG Pactual's vast network and resources.
  • Mentorship: Offers mentorship from ACE partners and market executives to foster growth.
  • Track Record: Recognized for empowering advanced-level startups.
  • Resources: Provides an array of resources and valuable market connections.
  • Learn more about BoostLAB
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FAQ

Q: What is the primary goal of Startup Chile?
A: Startup Chile aims to make Chile a hub for tech innovation, attracting entrepreneurs from around the world. Learn more about Startup Chile.
Q: How much funding can startups receive from 500 Startups LatAm?
A: 500 Startups LatAm typically provides seed funding of around $60,000 for early-stage tech startups. Discover 500 Startups LatAm.
Q: What kind of startup focuses does the Google for Startups Accelerator in Brazil have?
A: The program particularly emphasizes AI-first tech startups and does not take equity in the companies it accelerates. Explore Google for Startups Accelerator.
Q: What makes ACE Startups notable in Brazil's startup scene?
A: ACE Startups is recognized for its tailored programs and strong network, making it one of Brazil's largest and most active accelerators. Check out ACE Startups.
Q: What unique opportunity does Wayra offer to startups?
A: Wayra provides potential collaborations with Telefónica, along with strong mentorship and seed investments for tech startups. Learn more about Wayra.
Q: What is MassChallenge's unique approach for supporting startups?
A: MassChallenge takes a "Zero-cost, zero-equity" approach and focuses on providing mentorship and investor connections without direct funding. Discover MassChallenge.
Q: What industry does Rockstart LatAm focus on?
A: Rockstart LatAm provides support to startups, assisting them in transforming unique ideas into successful enterprises, particularly in the Latin American market. Explore Rockstart LatAm.
Q: What types of programs does Startup Mexico offer?
A: Startup Mexico offers both incubator and accelerator programs that support a wide variety of industries. Check out Startup Mexico.
Q: What is the primary focus of The Yield Lab Latin America?
A: The Yield Lab focuses on agricultural technology (AgTech) startups and provides funding opportunities as well as specialized mentorship. Learn more about The Yield Lab.
Q: What distinguishes BoostLAB in Brazil?
A: BoostLAB sources advanced-stage startups with significant growth potential and connects them with BTG Pactual's extensive network. Visit BoostLAB.

About the Author

Violetta Bonenkamp, also known as MeanCEO, is an experienced startup founder with an impressive educational background including an MBA and four other higher education degrees. She has over 20 years of work experience across multiple countries, including 5 years as a solopreneur and serial entrepreneur.
Violetta is a true multiple specialist who has built expertise in Linguistics, Education, Business Management, Blockchain, Entrepreneurship, Intellectual Property, Game Design, AI, SEO, Digital Marketing, cyber security and zero code automations. Her extensive educational journey includes a Master of Arts in Linguistics and Education, an Advanced Master in Linguistics from Belgium (2006-2007), an MBA from Blekinge Institute of Technology in Sweden (2006-2008), and an Erasmus Mundus joint program European Master of Higher Education from universities in Norway, Finland, and Portugal (2009).
She is the founder of Fe/male Switch, a startup game that encourages women to enter STEM fields, and also leads CADChain, and multiple other projects like the Directory of 1,000 Startup Cities with a proprietary MeanCEO Index that ranks cities for female entrepreneurs. Violetta created the "gamepreneurship" methodology, which forms the scientific basis of her startup game. She also builds a lot of SEO tools for startups. Her achievements include being named one of the top 100 women in Europe by EU Startups in 2022 and being nominated for Impact Person of the year at the Dutch Blockchain Week. She is an author with Sifted and a speaker at different Universities. Recently she published a book on Startup Idea Validation the right way: from zero to first customers and beyond and launched a Directory of 1,500+ websites for startups to list themselves in order to gain traction and build backlinks.