Corporate Innovation and Startups in Argentina

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I have had the privilege of talking a lot with Nicolás Tognalli recently, and more recently with the entire CITES team.

The experience with CITES in the Deeptech world has been motivating, demonstrating that when resources, vision and the desire to solve real problems come together, innovative solutions with a global impact can be generated.

Since CITES was created in 2013, its goal has been to contribute to scientific and technological development and generate startups that can provide solutions to major global problems. From there, CITES structured a publicly traded financial trust that has more than twenty investors.

To date, the trust has invested in 18 deeptech companies based on more than 60 international patents, with more than 200 scientists and technologists working on them and a disbursement by CITES of more than US$10 million. canada mobile phone numbers database These startups are focused on developing new molecules for the treatment of diseases, robots that park cars, and new technologies for agriculture and food production, among other areas.

In addition to the financial support, CITES provides companies with infrastructure for their development, which includes equipped workshops, fab-labs, wet-labs, laboratories and office spaces.

Photo with Nico on the return flight from Miami Tech Week in April 2024. As two passionate people, we talked for 4 hours about the possibilities of work and collaboration between Startups and Corporations.


Another company that has put the spotlight on the entrepreneurial ecosystem was Grupo Murchison. In 2017, this company involved in port operations created Murchison Ventures as a corporate investment vehicle, operating as a specialized unit within the Corporate Development area and reporting directly to the CEO and the Board of Directors.