InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

Chilean tech firm to open US offices and expects to double revenues by 2021

InvestChile - January,30,2020

Modyo, a software company that focuses on supporting the digital transformation of large companies, expects to achieve sales of US$10 million this year, based on the growth of its current areas of business.

Topics: global services- technology- Tech investment- Software- global services export- Modyo

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Chile to lead creation of global standard for interoperability in mining

InvestChile - November,25,2019

The Interop program presented a draft proposal for resolving incompatibility between mining technologies to an international organization.

Topics: Mining- technology- Tech investment- Mining investment- Mining Industry- Mining Technology

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Fintech in Latam: they are lasting longer, expanding to more countries and incorporating more women

InvestChile - October,21,2019

A study by Digital Bank Latam shows that more than half of fintech firms in Latin America last more than two years and, in some cases, more than ten years, that over 20% have operations in more than three countries and that there are very few without the presence of women.

Topics: Tech investment- Business Platform- Women- Fintech- Banking

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Four reasons why Chile is becoming Latin America’s data center hub

InvestChile - October,16,2019

International investors are increasingly setting their sights on Chile as a regional hub for data centers due to factors related to its economy, energy sector and telecommunications infrastructure.

Topics: data- Tech investment- Investment Opportunities- Optical Fiber- Digital Hub- Digital Infrastructure- Data Center

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Oracle announces installation of large data center in Chile in 2020

InvestChile - September,25,2019

The owner of the company and the seventh richest man in the world, Larry Ellison himself announced the news at an event in San Francisco. Chile is the second Latin American country, after Brazil, to which the company is making a strong commitment.

Topics: 4IR- Tech investment- Digital Infrastructure- Data Center- Oracle- Connectivity

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Nanotec will export gold nanoparticles made in Chile for the electronics industry

InvestChile - August,13,2019

They enhance the conductivity properties of sensors to make devices lighter and more flexible. Due to these advances, the Internet of Things is expected grow at an unprecedented rate.

Topics: Tech investment- Internet of Things- IoT- Nanoparticles- Electronics

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Google will invest US$200 million to develop new data center in Chile

InvestChile - July,19,2019

This will add to the assets it already has in the country and seeks to respond to growing demand for its services in Latin America.

Topics: Infrastructure- Google- 4IR- Tech investment- Digital Transformation- Digital Hub- Digital Infrastructure

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Frog scooter brand to start regional expansion from Chile

InvestChile - July,4,2019

The aim is to cover eight Chilean cities in 2019 with 7,000 scooters and, over the next 24 months, to open in six markets, starting with Argentina, Peru and Uruguay.

Topics: technology- Tech investment- Scooter- GoFrog- Last-mile

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Huawei announces first regional data center in Chile

InvestChile - June,14,2019

The company indicated that it expects to invest US$100 million in a first stage, but this could eventually increase.

Topics: Tech investment- Digital Transformation- Digital Hub- Huawei- Digital Infrastructure

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Ascenty confirms construction of data center in Chile with investment of US$70 million

InvestChile - June,4,2019

The center, with an area of over 7,600 square meters, will be located in Santiago’s Quilicura district. The announcement demonstrates that Chile “is positioning itself as Latin America’s leading technological hub,” according to the director of InvestChile, Cristián Rodríguez.

Topics: success stories- Tech investment- Digital Infrastructure- Data Center- Ascenty

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DiDi: The Chinese transport company that will compete with Uber in Chile

InvestChile - May,20,2019

Initially, it will operate outside the Chilean capital Santiago, specifically in the cities of Valparaíso, Viña del Mar, Concón, Quilpué and Villa Alemana.

Topics: global services- Tech investment- Chinese investment- Smart City- Mobility

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Google submarine cable reaches Chile to link Latin America and California

InvestChile - April,24,2019

Its arrival marks a new milestone in the country’s technological development. It will serve as an ally for the Google data center in Santiago’s Quilicura district as well as improving ease of connection to services like YouTube and Hangouts. 

Topics: Google- technology- Tech investment- Curie- Submarine cable

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Edtech and the educational challenges of the technological revolution

InvestChile - April,15,2019

A study by Endeavor has concluded that educational technology firms have a great opportunity to lead the sector’s transformation and teach the skills of the twenty-first century.

Topics: technology- 4IR- Tech investment- education- Fourth Industrial Revolution- EdTech- Endeavor

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Finnish mining technology multinational arrives in Chile

InvestChile - February,25,2019

Zyfra, an artificial intelligence and IoT company, already has operations in Peru and plans to scale up to other countries in the region in 2022.

Topics: Mining- technology- Digital Economy- Tech investment- Internet of Things- IoT

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Is Chile a model for Latin America on how to attract tech investments?

InvestChile - January,23,2019

The southern country’s good reputation, backed by the trade policies and macroeconomic figures of recent years, has positioned it as a leading player in the region. Learn about the keys to this process.

Topics: Visa Tech- global services- technology- Digital Economy- Tech investment- International Investment Forum

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