Chile’s Corfo And Axa Launch $28 Million Venture Capital Fund

Chile’s economic development agency Corfo has added a sixth venture capital fund to the program it initiated this year with a new $28 million fund, Axa Capital Chile, launched in partnership with Axa Private Equity. Axa Capital will target companies in any sector, but preferably those involved in agroindustry with sales between $5 and $25 million. So far this year, Corfo’s venture capital program has raised $120 million in six funds.