Recently Funded Startups in Uruguay (Aug-2025)
Last Updated: 29-Aug-2025
Uruguay’s startup ecosystem has been gaining momentum, reflecting a vibrant landscape of innovation and entrepreneurship. With a total of 14 startups tracked, the country’s focus on technology and data-oriented businesses is shaping its economic future. The need for funding is vital as it allows these budding companies to scale their operations, enhance their product offerings, and ultimately compete in the global market. As a small yet dynamic nation, Uruguay is positioning itself as a hub for tech-driven solutions in South America, fostering an environment that supports startups at various stages of development.
In 2025, the funding activity in Uruguay has shown signs of growth, with 2 startups successfully raising funds last year and an equal number achieving the same feat this year. The total funding raised so far has reached an impressive $20 million, underscoring investors’ confidence in the local startup ecosystem. Key industries, notably Data and Analytics, are seeing significant investment, reflecting global trends where data-driven businesses are at the forefront of economic growth. This favorable scenario presents ample opportunities for both emerging startups and investors looking to tap into the potential of Uruguay’s innovative sectors.
Funding Highlights
- Total startups tracked: 14
- Number of startups that raised funding last year: 2
- Number of startups that raised funding this year: 2
- Total funding raised this year: $20,000,000
- Largest deal: Satellogic, Series Unknown, $20,000,000
- Top industry by funding amount: Data and Analytics, $20,000,000
- Top industries by number of deals this year: Apps, 1 deal; Data and Analytics, 1 deal
Full List of Recently Funded Startups in Uruguay
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Axenya | Montevideo | Uruguay | Series A | $12M | 2025-08-25 | Health Care |
| Satellogic | Montevideo | Uruguay | Series Unknown | $20M | 2025-04-15 | Data and Analytics |
| UNIVERSIMM | Montevideo | Uruguay | Pre-Seed | Undisclosed | 2025-02-13 | Apps |
| Satellogic | Montevideo | Uruguay | Series Unknown | $30M | 2024-04-15 | Data and Analytics |
| PayFlex | Montevideo | Uruguay | $15K | 2024-03-01 | Financial Services | |
| Handy | Montevideo | Uruguay | Series Unknown | Undisclosed | 2023-11-01 | Commerce and Shopping |
| nocnoc | Montevideo | Uruguay | Series A | $14M | 2023-06-09 | Commerce and Shopping |
| SEG Ingenieria | Montevideo | Uruguay | Series Unknown | $376.8K | 2023-03-27 | Energy |
| Viatik | Montevideo | Uruguay | Series Unknown | $5K | 2023-03-01 | Information Technology |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Uruguay?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Uruguay were funded recently?
Uruguay had 2 startups raise funding so far this year and 2 last year; we track 14 startups in total.
Q3. Which industries are trending among recently funded startups in Uruguay?
Data and Analytics leads by funding with $20,000,000 (largest deal: Satellogic); by deal count, Apps and Data & Analytics each recorded 1 deal this year.
Q4. How can I connect with these startups in Uruguay?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q5. What was the largest recent funding deal in Uruguay?
The largest deal was Satellogic (Series Unknown) at $20,000,000, which represents the total reported funding for the year so far.
