TLDR:
- AMM Capital and OurCrowd partner on AI venture capital fund focused on Nvidia program
- Latin American investors show interest after collaboration announcement with Nvidia
Chilean financial advisory firm AMM Capital has deepened its partnership with Israeli venture capital powerhouse OurCrowd, focusing on AI through a new fund composed of companies supported by an Nvidia program. Marcelo Zucker, Managing Partner at AMM Capital, emphasizes the transformative power of AI in reshaping industries. The OurCrowd AI Fund, aimed at qualified investors, is in a commercialization phase targeting $50 million and will feature around 20 companies across the AI spectrum. Interest from Latin American investors spiked after the collaboration announcement with Nvidia, with the fund’s commercialization and investment stages expected to span a few months. OurCrowd’s investment approach prioritizes companies driving innovation through AI rather than replicating existing models, with a focus on sectors such as foodtech, healthtech, and cybersecurity, and the portfolio companies receiving support through the Nvidia Inception program. The partnership between AMM Capital and OurCrowd was informed by a shared commitment to growth in alternative assets, with $30 million already invested on behalf of Chilean families. OurCrowd’s incubators primarily monitor startups in stages from seed to pre-IPO, specializing in thematic funds such as cybersecurity, foodtech, and AI to ensure concentrated portfolios. The broader market trends indicate a surge in venture capital investments, particularly in AI, as technologies drive significant investor attention and commitments across sectors like healthcare, finance, and autonomous driving.
