# Xepelin funding: rounds and investors

> Xepelin has raised $36M across 2 rounds since 2025. Investors include Nazca Ventures, BBVA Spark and Goldman Sachs. Every round with its source.

Source: https://millionrounds.com/company/xepelin (Millionrounds; every figure on the page links to its filing or article)

Chile · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Xepelin*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B Financial Services Fintech

Raised 10 months ago

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Funding summary Updated 5 Nov 2026

**$36M** raised across 2 rounds since 2025, from 2 sources

**$16M** Debt **$20M** Round

- **Latest round:** Round, $20M Jan 2026
- **Led by:** Nazca Ventures
- **Step-up i:** 1.3×
- **Investors:** 7 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$16M** Debt

**$20M** Round

- **First round:** Debt, $16M
- **Biggest round:** $20M
- **Between rounds:** 7 months

## The rounds

- **Jan 2026** Round **$20M** *6 new* [Nazca Ventures](https://millionrounds.com/fund/nazca) Lead [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) Reported by LatamList
- **Jun 2025** Debt **$16M** *1 new* [BBVA Spark](https://millionrounds.com/fund/bbva-spark) Lead Reported by LatamList

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Round** 2026 [Nazca Ventures](https://millionrounds.com/fund/nazca) L [BBVA Spark](https://millionrounds.com/fund/bbva-spark) L [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation)

## Everyone who backed them

[Nazca Ventures](https://millionrounds.com/fund/nazca) VC firm **1** round, led 1

[BBVA Spark](https://millionrounds.com/fund/bbva-spark) Investment firm **1** round, led 1

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **1** round

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xepelin).

## Also claim to have backed them

These 4 firms list Xepelin as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Latitud](https://millionrounds.com/fund/latitud) VC firm Per its own site

[Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site

[Chile Ventures](https://millionrounds.com/fund/chile-ventures) VC firm Per its own site

[MSA Novo](https://millionrounds.com/fund/novo-capital) VC firm Per its own site

## Quick answers about Xepelin

### Who invested in Xepelin?

Xepelin's investors include Nazca Ventures, BBVA Spark, Goldman Sachs, Battery Ventures and Endeavor Catalyst, and 2 more on record. Nazca Ventures led its latest round.

### How much has Xepelin raised?

Xepelin has raised $36M across 2 rounds since 2025.

### When did Xepelin last raise?

Xepelin's most recent round was an Undisclosed round of $20M in Jan 2026, led by Nazca Ventures.

### What was Xepelin's biggest round?

Its most recent round, $20M in Jan 2026, is also its largest on record.

### Who backed Xepelin first?

Xepelin's first round on record, in Jun 2025, was backed by BBVA Spark.

### What stage is Xepelin at?

Xepelin's latest named round is an Undisclosed round, in Jan 2026.

### Where is Xepelin based?

Xepelin is based in Chile.

### Who led Xepelin's rounds?

BBVA Spark led the Debt in 2025; Nazca Ventures led the Undisclosed round in 2026.

## Companies like Xepelin

In the same sector, and raised in the last eighteen months.

[**Galgo** $55M · Sept 2026](https://millionrounds.com/company/galgo)[**Loads** $15M · Sept 2026](https://millionrounds.com/company/loads)[**Betterplan** $1.1M · Sept 2026](https://millionrounds.com/company/betterplan)[**Blanco** $5.2M · Jul 2026](https://millionrounds.com/company/blanco)[**Soyio** $1.3M · Feb 2026](https://millionrounds.com/company/soyio)[**Vambe** $18M · Dec 2025](https://millionrounds.com/company/vambe)

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