# Top 5 Artificial intelligence VC (Venture Capital) Funds in Uruguay in October 2023

## Draco Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Big Data, Software, Analytics

DRACO CAPITAL is a Latin American independent Investment Manager. Our management team has over 30 years of experience.

## IC Ventures
- Type: VC Fund
- Location: Montevideo, NA - Uruguay, Uruguay
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, B2B

IC Ventures selects startups with potential for disruption, scaling, and value generation in technology applied to financial services (Fintech) and Artificial Intelligence (AI).ICV members have acquired extensive experience in providing effective and relevant support to entrepreneurs that reduces or neutralizes some of the most frequent risksthat lead to the failure of entrepreneurs and allows them to make the most of the opportunities that are they present them both for business and for securing financing.

## Cisneros Group
- Type: VC Fund
- Location: Cumaná, NA - Venezuela, Venezuela
- Relevant deals: 1
- Stages: Series B, Private Equity
- Focus: Advertising, Apps, Social Media Marketing

The Cisneros Group is a global media and entertainment leader focused on the vibrant and fast-growing Hispanic market.
The Cisneros Group produce and distribute some of the world’s most popular Spanish-language programming, reaching 550 million viewers in more than 100 countries.

## Globant Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Software, Artificial Intelligence, Information Technology

We invest in visionary and purpose-driven entrepreneurs seeking to reinvent business through the lens of AI, Blockchain, and Future of Work technologies. Our DNA is that of our founders, and our venture fund targets investment from Seed stage to Series B, while bringing to bear the expertise, scale, and passion of our global network.

## Globant
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Software, Information Technology, Artificial Intelligence

We help organizations lead change through digital and cognitive transformation. We are the first player to deliver engineering, innovation, and design.

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