Uruguay-based Agustina Chiarino, one of the drivers of the new Latin American cinema industry and at the forefront of pan-regional co-production, is kicking-off early projects at her recently launched production-distribution company Bocacha Films.

Chiarino attended last week’s Malaga Film Festival edition to present Pablo Solarz’s official section contender comedy “Desperté con un sueño” (“I Woke Up With a Dream”), which she produced at Mutante Cine, the Montevideo-based outfit Chiarino and editor-producer Fernando Epstein co-founded in 2011.

After “I Woke Up With a Dream,” two feature debuts are finishing production stage under the Mutante Cine brand: Vanina Spataro’s “Naufragios,” teaming with Kino Films in Argentina, and Sebastián Peña Escobar’s documentary “The Last” in partnership with Paraguay’s La Babosa Cine.

They will be “the last three movies Mutante Cine will be launching before disbanding,” Chiarino said.

Having produced more than 15 Latin American films, Chiarino is now embarking on a solo project,...