WIND Ventures
WIND Ventures is the corporate venture capital arm of Chilean conglomerate Copec, investing Series A and later in global energy, mobility, and retail startups while offering portfolio companies access to Copec's Latin American network, regulatory expertise, and commercial relationships via the WIND Growth Platform.
- Company typePrivate
- Founded2019
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What WIND Ventures does
WIND Ventures (legal name: Copec Wind Ventures) is the corporate venture capital arm of Copec, a Chilean energy and mobility company with 86 years of operating history across Latin America. Founded in 2019–2020 and headquartered at 580 California Street in San Francisco, the firm invests Series A and later in global startups across three thematic areas: energy (decarbonization, decentralization, democratization), mobility (existing and emerging modes), and convenience/retail. The typical investment ranges from $1M to $10M per transaction, and the firm targets roughly six new portfolio companies per year.
WIND's core differentiator is the WIND Growth Platform, an open-innovation vehicle that opens Copec's commercial relationships, regulatory expertise, 86-year operating network, and on-the-ground infrastructure across Latin America to portfolio companies. Rather than positioning itself as a financial-only investor, WIND offers strategic go-to-market support: documented outcomes include launching Stem's smart energy storage business across Chile and Colombia within 12 months of the 2019 investment (leading to Stem's NYSE SPAC in 2021), closing a Copec distribution agreement for 75F in under six months, and facilitating Wallbox's expansion that supported a $1.5B SPAC valuation. The platform has been extended beyond capital into signature programs — the Annual Growth Markets Survey and the 2025-launched TailWind Awards — that generate proprietary deal flow and brand presence among founders targeting Latin America.
The firm operates a sales-led, relationship-driven GTM targeting Series A+ founders globally, sourcing deals through the Copec ecosystem, direct outreach, and VC referrals. Portfolio #1 has deployed over $156M across 46 transactions supporting 23 portfolio companies in eight countries, with four disclosed exits and multiple unicorns; Portfolio #2 was initiated in 2025. WIND is wholly owned by Copec (part of the AntarChile conglomerate), and the investment team — led by Founder and Head Brian Walsh and expanded to five members in 2023 — operates with corporate-venture autonomy while drawing on Copec's resources.
WIND Ventures firmographics
Firmographics- Name
- WIND Ventures
- Legal name
- Copec Wind Ventures
- Website
- https://www.windventures.vc
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- WIND Ventures is the corporate venture capital arm of Chilean conglomerate Copec, investing Series A and later in global energy, mobility, and retail startups while offering portfolio companies access to Copec's Latin American network, regulatory expertise, and commercial relationships via the WIND Growth Platform.
- Ownership category
- akta.pro rank
WIND Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)
- akta.pro secondary industries
- Corporate Venture Capital (CVC) (FSANAAAF), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)
Keywords
Where WIND Ventures is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
WIND Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Corporate Venture Capital Returns: WIND Ventures generates returns through equity investments in startups across Series A, B, and C+ rounds in the energy, mobility, and convenience sectors. The fund provides capital alongside strategic value — access to Copec's Latin American network — and earns returns through portfolio exits, equity appreciation, and co-investment structures. Investment range is $1M to $10M per transaction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Series A, B, C+ investments between $1M and $10M per transaction |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
WIND Ventures product offering
Product offeringCore offering
WIND Ventures is the corporate venture capital arm of Copec, investing $1M-$10M per transaction in Series A, B, and C+ rounds of global startups in energy, mobility, and convenience/retail sectors. Portfolio companies receive equity capital plus strategic access to Latin American markets through the WIND Growth Platform, which leverages Copec's 86-year operational network, regulatory expertise, and commercial relationships across Chile, Colombia, and broader Latin America.
Product overview
WIND Ventures is a Corporate Venture Capital (CVC) firm that operates as part of Copec's innovation ecosystem. Rather than a traditional product company, WIND Ventures offers venture capital investment services and the WIND Growth Platform, which provides global startups with access to Copec's resources and networks for market expansion into Latin America. Their offering includes investment capital, strategic partnership facilitation, local market expertise, and research publications such as the TailWind Awards and Annual Growth Markets Survey.
Differentiator
Problem solved
Functional benefit
Brands
- WIND Growth Platform: A platform that opens up Copec's vast resources to help startups and scaleups around the world grow, providing unfair access to Latin America and the United States.
- TailWind Awards
Products and services
- WIND Growth Platform Proprietary open innovation platform that gives global startups and scaleups access to Copec's 86-year-old network, commercial relationships, regulatory knowledge, and operational infrastructure across Latin America, enabling faster and deeper market entry than startups could achieve independently.
- Annual Growth Markets Survey Annual survey that gauges the venture capital community's outlook on global growth markets outside North America and Europe, examining yearly shifts in investment perceptions and providing media coverage.
- TailWind Awards Awards program recognizing private tech startups with impressive traction in their home markets and significant expansion into Latin America, celebrating successful LatAm market entry.
Quantifiable outcome
- Annual recurring revenue from portfolio partnerships has grown over 400% since 2021
- +2 more outcomes
Companies that use WIND Ventures
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
WIND Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
WIND Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- StemcoreWIND Ventures invested $30M in Stem in August 2019 and helped launch the company into Latin America through a JV with Copec. Within 12 months, Stem established a firm deal to scale its AI-driven Athena energy storage platform in Chile and Colombia. In 2021, Stem went public on the NYSE via SPAC. Stem's Athena platform aggregated stored energy to create South America's first virtual power plant.
- CopeccoreCopec is the parent company and the anchor of the WIND Growth Platform. WIND Ventures is the corporate venture capital arm of Copec, and Copec provides the network, commercial relationships, regulatory expertise, and operational infrastructure that WIND Ventures leverages to give portfolio companies 'unfair access' to Latin America.
- Ampere Energy / Ampere ChilecoreCopec acquired a stake in Ampere Energy in December 2019 and launched Ampere Chile as a subsidiary. WIND Ventures helped establish the JV and strategic partnership. Ampere Chile brings smart lithium battery storage systems with AI-driven energy management to the Chilean residential market, enabling up to 70% savings in electricity bills.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
WIND Ventures competitors and assessment
Company assessmentDirect peers
- Energy Impact Partners: Global investment platform backing companies and funds shaping the energy transition, with strategic LP base of utilities and energy corporates. Comparable thematic overlap and structure of corporate-anchored capital pursuing energy and mobility startups.
- Kaszek Ventures: Leading LATAM-focused venture capital firm backing technology startups across Latin America. Directly comparable regional peer with overlapping investments in LATAM tech ecosystem including Chiper alongside WIND.
- Monashees: Brazilian-born LATAM venture capital firm investing across stages in technology companies. Co-invested with WIND in Chiper and shares comparable geographic focus on Latin American tech ecosystem.
- GM Ventures: Mobility CVC of General Motors investing in automotive, EV, and smart-mobility technologies. Highly comparable given that WIND team member Sean Simpson joined from GM Ventures, and both deploy strategic capital with mobility focus.
- BMW i Ventures: Mobility-focused CVC of BMW Group investing in transportation, EV charging, and sustainability startups globally. Comparable as a corporate-backed venture investor with strategic platform value beyond capital and similar Series A–C check sizes.
- Breakthrough Energy Ventures: Bill Gates-backed fund investing in companies cutting greenhouse gas emissions across power, transport, agriculture, and buildings. Co-investor in 75F Series B and shares thematic alignment with WIND's energy and mobility portfolio.
- Climate Investment: Climate-focused investment fund backed by major energy corporates (BP, Chevron, Equinor, others) deploying capital into decarbonization technologies. Co-investor alongside WIND in 75F Series B and shares comparable energy transition thesis.
- SE Ventures: CVC arm of Schneider Electric focused on energy, automation, and sustainability startups. Comparable as a strategic corporate-backed CVC deploying into energy and mobility Series A–C rounds with platform value beyond capital.
- Enel Innovation Hubs & Ventures: Global CVC arm of Enel Group focused on energy transition and sustainability, with strong LATAM operations through Enel Americas. Directly comparable as a strategic corporate-backed CVC investing across energy and mobility themes with regional Latin American reach.
Broad incumbents
- SoftBank Latin America Fund: Major LATAM-focused tech investment fund (multi-billion dollar) deploying large-scale capital across the region. Broader and larger-scale incumbent CVC-style investor active in Latin American startups, though with a much wider sector mandate than WIND.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
WIND Ventures social profiles
Digital presenceWIND Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
WIND Ventures leadership team
Management profileNumber of profiles
Profiles6 records
WIND Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WIND Ventures M&A and investment
M&A and investmentM&A
Investments30 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WIND Ventures
What does WIND Ventures do?
WIND Ventures is the corporate venture capital arm of Copec, investing $1M-$10M per transaction in Series A, B, and C+ rounds of global startups in energy, mobility, and convenience/retail sectors. Portfolio companies receive equity capital plus strategic access to Latin American markets through the WIND Growth Platform, which leverages Copec's 86-year operational network, regulatory expertise, and commercial relationships across Chile, Colombia, and broader Latin America.
Is WIND Ventures a public or private company?
WIND Ventures is a private company. It is classified as corporate owned and is currently operating.
When was WIND Ventures founded?
WIND Ventures was founded in 2019. It employs 1 to 10 people.
Where is WIND Ventures based?
WIND Ventures is headquartered in San Francisco, United States, in the North America region.
How does WIND Ventures make money?
One revenue line is on record: corporate Venture Capital Returns.
Who are WIND Ventures's main competitors?
Direct peers on record are Energy Impact Partners, Kaszek Ventures, Monashees, GM Ventures, BMW i Ventures, Breakthrough Energy Ventures, Climate Investment, SE Ventures and Enel Innovation Hubs & Ventures. SoftBank Latin America Fund is listed as a broad incumbent.
Does WIND Ventures have an API?
No public API is recorded for WIND Ventures.
What industry is WIND Ventures in?
WIND Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAA, Strategic / Balance-Sheet CVC (On-balance-sheet investing), with a secondary code of FSANAAAF, Corporate Venture Capital (CVC). Its NAICS code is 52399 and its SIC code is 6282.