Premise of research. While Azolla has a rich fossil record based on dispersed megaspore apparatuses and microspore massulae, fossil sporophytes are relatively rare. In this contribution, we describe two fossil Azolla species based on both sporophytes and spores from Chubut Province, Patagonia, Argentina: Azolla coloniensis De Benedetti & Zamaloa, emend. Hermsen et al., and A. keuja Jud et al., sp. nov. Azolla coloniensis and A. keuja are the first fossil species of Azolla to be represented by vegetative structures (i.e., leaves, stems, and roots) from both South America and the Southern Hemisphere. Methodology. We examined sporophyte material of A. coloniensis from the Cañadón del Irupé locality, Upper Cretaceous, La Colonia Formation, and A. keuja from the Palacio de los Loros locality PL-2, Paleocene, Salamanca Formation. Spores of A. keuja were obtained from a sporophyte specimen and its surrounding rock matrix. Material was studied using standard light microscopy, epifluorescence microscopy, and scanning electron microscopy. Fossils are held at the Museo Paleontológico Egidio Feruglio,