CITES (Sancor Seguros)

CITES (Centro de Innovación Tecnológica, Empresarial y Social) is a venture capital firm and venture builder focused on the development of deep tech and scientific-technological startups. Founded in 2013 and initially backed by the Sancor Seguros Group, the organization invests in companies from the formation stage through Series A, providing both capital and operational support. CITES operates with a multidisciplinary team and utilizes specialized infrastructure, including wet labs, fab labs, and co-working spaces, to assist founders in transforming disruptive scientific research into global businesses. Their portfolio spans various sectors such as biotechnology, agtech, artificial intelligence, med-tech, and sustainable industrial technologies.

By serving as a bridge between laboratory innovation and commercial application, CITES addresses the challenges of early-stage scientific entrepreneurship in Latin America. The firm is recognized for its role in fostering the regional deep tech ecosystem through investment funds and incubation programs designed to bridge the development gap for researchers and scientists. Through strategic partnerships and a commitment to social, environmental, and economic progress, CITES helps startups scale their solutions while promoting an inclusive and diverse innovation environment. Their operational model emphasizes applied knowledge, with a proven track record of managing numerous patents and building a diverse portfolio of companies focused on addressing modern global challenges.