# Top 5 Hardware Startup Investors in Uruguay in September 2026

## Incubadora Sinergia
- Type: VC Fund
- Location: Montevideo, NA - Uruguay, Uruguay
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, E-Commerce

Un programa de aceleración a medida para startups de Latam.

## ANII
- Type: VC Fund
- Location: Montevideo, NA - Uruguay, Uruguay
- Relevant deals: 2
- Stages: Pre-Seed, Grant, Non-equity Assistance
- Focus: Software, Information Technology, Retail

The National Agency for Research and Innovation (ANII) is a government agency that promotes research and application of new knowledge to productive and social reality of the country. ANII available to the public funding for research projects, scholarships national and international graduate programs and incentive programs for innovativeentrepreneurship and culture, both in the private and public sectors.ANII developed the National Research System, a program of national economic researchers categorized based on a strict evaluation system incentives. He also created the Portal Timbo, which allows free access to all kinds of scientific publications worldwide for all Uruguayans.

## Eduardo Mangarelli
- Type: Angel
- Relevant deals: 1
- Stages: Angel, Pre-Seed, Series A
- Focus: Machine Learning, Artificial Intelligence, Natural Language Processing

Eduardo Mangarelli is the Chairman of the Board at Endeavor, a Dean of the Engineering School at the Universidad ORT Uruguay, an Advisor and Investor at Tryolabs, and Partner | Senior Director at Intermedia. He previously worked as the Co-Founder of Qool, Principal Software Engineer Lead at Microsoft, and former Investor and Advisor at Co-WorkLatAm. Eduardo attended the Universidad ORT Uruguay.

## Mario Sanchez
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: iOS, SaaS, Android

Senior Level Manager
More than 20 years of experience in senior level leadership at regional and world wide companies. Today, active member of the entrepreneurial ecosystem as mentos, angel investor at several startups, still turning in a one of the entrepreneur in some of them.
With a hi knowhow in building relationships with senior managers andbusiness owners to gain the confidence of potential customers and analysis of complex business environments, to find and create business opportunities.Skills and Abilities
Dynamic and analytic, with team work abilities, developing a valued based leadership. Aptitude to orient the work to measurable and achievable objectives.

## El Pais
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: iOS, SaaS, Android

El Pais is a newspaper company with a large national circulation and audience. The company introduced the modality of distributing special and collectible editorial products nationally and internationally.
The company focuses in the improvement of Uruguayan society. The carry out dozens of extraordinary publications and historical investigations.

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