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Top 5 Biotech VC Funds & Investors in Costa Rica (September 2026)

The most active venture capital funds investing in Costa Rica Biotech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Costa Rica Biotech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Carao Ventures
VC Fund
4 United States, Costa Rica, Mexico Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Software $30k–$10M
VU Venture Partners
VC Fund
1 United States, United Kingdom, Colombia Seed, Series A Health Care, Software, Biotechnology $1.4M–$64M
VX Ventures
VC Fund
1 Argentina, Chile, Germany Seed, Series A, Pre-Seed Biotechnology, Information Technology, AgTech $2M–$6.6M
Dalus Capital
VC Fund
1 United States, Mexico, Chile Series A, Seed, Series B Information Technology, FinTech, Artificial Intelligence $2.5M–$50M
AngelHub VC
VC Fund
1 Mexico, Colombia, United States Seed, Pre-Seed, Series A Software, FinTech, SaaS $300k–$5M
Access all 18 VC funds in Costa Rica Biotech startups.

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Carao Ventures
VC Fund · San José, San Jose, Costa Rica · 4 investments in Costa Rica Biotech startups

They partner with startups (tech and non-tech) with the potential to grow quickly and sustainably. Their primary focus is on companies that are currently targeting a specific regional market with a real opportunity to expand to all of Latin America and globally. They are looking for the brightest technical founders and most devoted entrepreneurswith an emphasis in solid execution. Carao Ventures has an early stage startup program where one of their partners takes an active role in the startup through the next stage of company development, participating in relevant roles such as strategy, finance, marketing and others. Their partners and mentors have a committment to sharing their experience, technical knowledge and contacts to take startups to the next level. A co-working space conveniently located in the heart of the city provides a space and environment for startups and people looking to start a company to come hang out. A wealth of resources for entrepreneurs are continuously researched and put available to teams that are looking to to get their company into the best shape possible. They also assist established business groups or seasoned entrepreneurs in analyzing, developing and overseeing new ventures.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Costa Rica, Mexico

Investor stats

  • Total investments: 88
  • Round size: Seed $500k–$5.5M; Pre-Seed $30k–$1.5M; Venture - Series Unknown $160k–$10M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2021

Portfolio highlights

  • Braven — Braven turns every submission into a pre-analyzed, traceable decision, and every book into a live, provable view. Built for MGAs and reinsurers that do their own underwriting.
  • Crabi — Full stack, digital car insurance
  • Bellelli Educación — Bellelli Educación provides an educational services for early childhood.
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VU Venture Partners
VC Fund · San Francisco, California, United States · 1 investments in Costa Rica Biotech startups

A multi-stage investment fund focused on Consumer, Enterprise, Fintech, Frontier, Healthcare, & PropTech

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Colombia

Investor stats

  • Total investments: 125
  • Round size: Seed $1.4M–$9M; Series A $5M–$64M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Natilus — We are creating a new generation of hyper-efficient blended wing body aircraft designed to make commercial aviation more sustainable and efficient, ensuring a healthier planet for future generations.
  • ALKEMIO — ALKEMIO is a developer of a bio-magnetic technology intended to transform electronic waste into quality battery-grade metals.
  • HEARTio — Heart I/O is a digital diagnostic startup helping emergency providers identify heart abnormalities in Pittsburgh, PA.
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VX Ventures
VC Fund · 1 investments in Costa Rica Biotech startups

VX Ventures is an investment firm.

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Investment focus

  • Industry: Biotechnology, Information Technology, AgTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Argentina, Chile, Germany

Investor stats

  • Total investments: 8
  • Round size: Seed $2M–$5.2M; Series A $3.5M–$6.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LUCAI BIO — LUCAI designs custom AI algorithms to accelerate biotech R&D. We partner with research teams to build tailored computational solutions — from target identification to lead optimization — turning complex biological data into actionable scientific decisions.Every biotech program has its own data, its own constraints, and its own scientificquestions. Off-the-shelf AI rarely fits. LUCAI works directly with research and discovery teams to design algorithms built around their specific workflows, integrating seamlessly with existing pipelines.We currently collaborate with 35+ biotech and pharma partners across discovery, preclinical, and translational programs, operating at the convergence of AI and biology.
  • ALKEMIO — ALKEMIO is a developer of a bio-magnetic technology intended to transform electronic waste into quality battery-grade metals.
  • Strong by Form — Strong by Form bonds nature and technology to build a sustainable future. Our Woodflow technology allows to produce high-performance lightweight biocomposites that are strong enough to become an alternative to materials such as aluminum or fiber reinforced plastics on vehicles and steel and concrete used on buildings. Emulating trees’ structuralefficiency, we’ve developed a design-to fabrication technology that combines the latest optimization tools and AI with a proprietary additive manufacturing process. This allows us to create timberbased composites capable of matching the performance other structural materials at a fraction of their weight and environmental impact.We tackle the sustainable lightweight materials market. These enable vehicles to reach longer distances and buildings to use less raw material. We expect Woodflow’s combination of high-performance, sustainability and productivity to become a game changer for the new generation of sustainable construction and mobility.
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Dalus Capital
VC Fund · Mexico City, Distrito Federal, Mexico · 1 investments in Costa Rica Biotech startups

Dalus Capital invests in bold entrepreneurs building impactful tech startups in Latin America

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Investment focus

  • Industry: Information Technology, FinTech, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, Mexico, Chile

Investor stats

  • Total investments: 40
  • Round size: Seed $2.5M–$7M; Series A $6M–$20M; Series B $10M–$50M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Aptuno — Aptuno - Busco apartamento o casa en arriendo
  • Pulpos — Pulpos objective is to provide the greatest product available on the market, complete with an interface that enables retailers to open a store from the cloud in a matter of minutes and with the support they need.
  • ALKEMIO — ALKEMIO is a developer of a bio-magnetic technology intended to transform electronic waste into quality battery-grade metals.
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AngelHub VC
VC Fund · San Pedro, Nuevo Leon, Mexico · 1 investments in Costa Rica Biotech startups

Angel Hub is a club of angel investors that empowers entrepreneurs and businessmen with innovative and scalable projects with global reach. Angel Hub invests in projects in Latinamerica, which offers access to important investment opportunities in high-potential startups. Angel Hub is based in San Pedro Garza García, N.L., Mexico.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Mexico, Colombia, United States

Investor stats

  • Total investments: 69
  • Round size: Seed $1M–$3.7M; Pre-Seed $300k–$5M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • UIN — UIN is the BehaviorOS for banks, fintechs, telcos, and retailers. Its AI-powered platform analyzes user behavior and transaction data to orchestrate personalized triggers, incentives, rewards, and experiences that increase activation, frequency, retention, and lifetime value.
  • ALKEMIO — ALKEMIO is a developer of a bio-magnetic technology intended to transform electronic waste into quality battery-grade metals.
Show all investments...

Biotech VC funding in Costa Rica at a glance

Stats across 16 deals from 18 investors.

18
investors
in Costa Rica Biotech startups
16
deals
in Costa Rica Biotech startups
$1M
median round
in Costa Rica Biotech startups
33%
lead investors
lead at least one round
25%
Seed
most common funding stage

Access all 18 VC funds in Costa Rica Biotech startups.

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