WIND Ventures

WIND Ventures is the corporate venture capital arm of Chilean-headquartered energy and retail major Empresas COPEC, founded in 2019 and operated from San Francisco, California. The fund's distinctive proposition is what it calls 'unfair access to Latin America' for global growth-stage founders, pairing capital with COPEC's gas-station and convenience-retail footprint, energy assets, supply chain, brand recognition and government relationships across LatAm and the US to help portfolio companies localize and scale into the region. Its thesis sectors are new mobility, including EV charging, electrified powertrains and alternative fuels, energy and sustainability, and convenience retail. WIND focuses on Series A and later rounds and writes checks consistent with that stage, generally as a co-investor; per deal participation, Series A average round size in the portfolio is approximately $9.35M, Series B $51.1M and Series C $30.3M. Across approximately 25 to 30 disclosed investments the fund has deployed approximately $109M, with three exits to date. Those include NYSE-listed bidirectional energy-storage platform Stem, EV-charging platform Wallbox, which listed on the NYSE in October 2021, industrial decarbonization unicorn Turntide, which became a unicorn in 2022, and Spanish battery-storage company Ampere Energy, acquired by parent Empresas Copec in June 2023. Recent additions include heavy-duty engine-retrofit company ClearFlame Engine Technologies and atmospheric water-harvesting company Source Global. WIND also runs the annual TailWIND Awards recognizing startups expanding into Latin America. By pairing capital with COPEC's regional platform, WIND Ventures helps global mobility, energy and retail founders scale into Latin America.