InvestChile Blog

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Mainstream to double its current capacity with new energy projects

InvestChile - July,22,2021

The company, backed by Norwegian and Irish capital, will add solar and wind projects with a 1 GW production capacity to its portfolio through a US$ 1.5 billion investment. 

Topics: Clean Energy- renewable energy- Energy- Mainstream- Norwegian investment in Chile- Energy infrastructure- Renewables- Irish investment in Chile

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Lego opens its largest Latin American store in Chile

InvestChile - July,20,2021

The Danish toy brand plans to invest US$2 million in opening stores across Chile. 

Topics: Foreign Investment- Retail- Foreign companies- Lego- Danish investment- store- opening

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Family Offices and Chilean VC funds meet in strategic program

InvestChile - July,19,2021

The Scale VC Program, promoted by Endeavor and InvestChile, aims to impart knowledge to Chilean investors, connecting them with foreign investment funds so they can share experience and expand their networks, thereby accelerating venture capital investment in Chile.

Topics: Start-Up- Venture Capital- InvestChile- Endeavor- Venture Capital in Chile- Family Offices

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Sinovac executives visit Chile to evaluate setting up a plant

InvestChile - July,15,2021

The Chinese laboratory plans to establish a fill & finish plant for the Coronavac vaccine.  

Topics: China- Chinese investment- Coronavirus- COVID-19- covid- Chinese companies in Chile- Sinovac- Vaccine

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7 frequently asked questions about the launch of Starlink in Chile

InvestChile - July,14,2021

Chile will be the first Latin American country to benefit from Starlink’s satellite internet services. The project consists of a constellation of satellites designed to provide low-latency high-speed broadband connectivity to parts of the world that were previously unreachable by this type of technology.

Topics: Conectivity- Internet- SpaceX- Satellite- Chilean satellite- StarLink- satellite internet

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Ferrero Group to install a new hazelnut processing plant in Chile

InvestChile - July,12,2021

The group will invest US$40 million in a new plant in the Ñuble Region through its Chilean subsidiary AgriChile, thereby increasing its production capacity.

Topics: Food Industry- Foods- Italian investment- Ñuble Region- Hazelnuts- Farming- Ferrero- AgriChile

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Cryogenic energy in Chile, a new step towards decarbonization

InvestChile - July,2,2021

Highview Enlasa’s first liquid air energy storage plant in Latin America will rely on a CRYOBattery system with 50MW/500MWh capacity and will be located in the Atacama Region of northern Chile.

Topics: renewable energy- Energy Investment- Renewables- Cryogenic Energy- Energy Storage- CRYOBattery- Liquid Air

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Unicorns in Chile: Local leaders foresee a domino effect

InvestChile - July,1,2021

Chilean companies like NotCo, Cornershop and Betterfly have already held remarkable investment funding rounds in their short lives as they have attracted attention from large international investment funds.

Topics: technology- Start-Up- Entrepreneurship- Venture Capital- AI- App- NotCo- Cornershop- The Not Company- startup- Unicorn

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The startup using AI and blockchain to trace plastic recycling

InvestChile - June,29,2021

Chilean company StatKnows is the creator of Recyclame (Recycle Me), a platform that uses artificial intelligence and blockchain technology to cross check bar code information from plastic bottles so that the passage of bottles through the entire value chain can be managed.

Topics: global services- technology- Innovation- Start-Up- Tech investment- AI- App- Artificial Intelligence- Blockchain

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Mexican firm Aconcagua Foods wants to stimulate growth in Chile

InvestChile - June,25,2021

The multinational owned by parent company La Costeña is present in 40 countries and buys 60% of the peaches grown in Chile.

Topics: Food Industry- Fruits- Foods- Healthy Food- Food Technology- Mexican Investment

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Chile prepares to implement the use of green hydrogen in Mining

InvestChile - June,24,2021

The goal is to provide greater assurances to companies looking to implement this technology in projects that are already under way.

Topics: Mining- renewable energy- Energy Investment- Mining Industry- Mining Technology- Green Hydrogen

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Start-up that creates fungi-based biofertilizers to carry out tests at Viña Concha y Toro

InvestChile - June,23,2021

Myconativa, a fungi-based fertilizer that allows plants to absorb a greater amount of water and nutrients and encourage their growth, has signed a partnership with Latin America’s largest wine producer and exporter to continue to validate its products and carry out new tests.

Topics: international trade- Food Industry- biotechnology- Wine- Foods- Food Technology

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Global Services: What are the incentives for investing in Chile?

InvestChile - June,22,2021

Prominent multinational companies such as Microsoft, Google, Huawei, AWS and Oracle have placed their trust in Chile by installing technological infrastructure in the country.

Topics: Foreign Investment in Chile- global services- InvestChile- Digital Hub- Digital Infrastructure- Data Center- Regional Cloud

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The new energy matrix that keeps Chile moving

InvestChile - June,21,2021

Almost 25% of the country’s electricity is now supplied by non-conventional renewable sources. The future of energy is green, and all the energy that Chile needs could come from clean sources by 2040.

Topics: Clean Energy- Investment Opportunities- Energy Investment- Energy Ministry- Energy infrastructure- Energy e-book

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Betterfly closes a new round of investment funding with US$60 million

InvestChile - June,18,2021

The transaction included one of the world’s largest venture capital funds, which currently holds investments in Uber, Alibaba and TikTok.

Topics: global services- Start-Up- Entrepreneurship- Venture Capital- Venture Capital in Chile- Betterfly- VC

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Chile moves forward with historic tender plan for public works in 2021

InvestChile - June,15,2021

The Chilean Public Works Ministry has already begun the tender process this year for five concessions totaling almost US$2 billion, the highest amount since the concessions program began. The total for 2021 is expected to reach almost US$5 billion.

Topics: Tender- Public Tender- public works- Concessions- Tender process- Public Works Ministry

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Chile inaugurates the first thermal solar plant in Latin America

InvestChile - June,10,2021

The Cerro Dominador project aims to bridge the gap following removal of the coal plants, helping to supply the country’s grid with power at times when the wind and sun cannot.

Topics: Foreign Investment- Clean Energy- Solar energy- photovoltaic solar energy- Energy Investment- Energy infrastructure- green energy- Sun power- Cerro Dominador

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7 Chilean enterprises find new ways to use copper to fight COVID-19

InvestChile - June,1,2021

Mining isn’t the only copper industry in Chile. Copper has now found its way into textiles, cosmetics, paints and medicines, as an innovative way to prevent the spread of the COVID-19 virus.

Topics: Mining- copper- Innovation- Mining Industry- Coronavirus- COVID-19- covid- Talent

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New Venture Capital projects in Chile potentially worth US$125 million

InvestChile - May,31,2021

InvestChile has a portfolio of 26 projects at various stages of development, from planning to implementation.

Topics: Start-Up- Venture Capital- Venture Capital in Chile

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SpaceX to put 10 new Chilean satellites into orbit

InvestChile - May,28,2021

The Chilean government has signed a contract with the Israeli company ImageSat International to manufacture eight of these devices in the Cerrillos National Space Center that is to be built in Santiago, Chile.

Topics: Digital Economy- Digital Transformation- Digital Infrastructure- SpaceX- Satellite- Chilean satellite- ImageSat

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