InvestChile Blog

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

WOM to invest US$ 500 million in Chile in the next three years

InvestChile - February,23,2021

The amount includes the US$150 million being disbursed by the 7mn-customer company in Chile’s just concluded spectrum tenders.

Topics: Foreign Investment in Chile- WOM- Telecoms

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Michelin to build new-generation tire recycling plant in Antofagasta

InvestChile - February,17,2021

The first stage of the project will cost US$30 million and will be the company’s largest investment in Chile. In the future, the plant could also recycle tires from other countries such as Argentina or Peru.

Topics: Foreign Investment in Chile- recycling- Michelin

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President Piñera promulgates the Energy Efficiency Law for Chile

InvestChile - February,12,2021

The new regulation marks a milestone in the country's history to achieve carbon neutrality by 2050.

Topics: Foreign Investment in Chile- Energy Efficiency Law

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"The Plastic Evolution" seeks global innovation for recycling in Chile

InvestChile - February,10,2021

Startups from anywhere in the world -with solutions that can be implemented in Chile and address one of the challenges- can submit in the call.

Topics: InvestChile- The Plastic Evolution- Fundación Chile- ChileGlobal Ventures

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Chile is the Latin American country with the most potential to attract foreign investment

InvestChile - February,8,2021

In its Global Opportunity Index, the Milken Institute highlights the friendliness of Chilean institutions to foreign investors.

Topics: Foreign Investment in Chile- Milken Institute- Global Opportunity Index

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Green hydrogen could exceed the potential of Chile’s mining industry

InvestChile - February,4,2021

According to President Sebastián Piñera, Chile’s National Strategy for the Promotion of Green Hydrogen will make the country the world’s most efficient producer.

Topics: Clean Energy- Hydroelectric energy- Green Hydrogen

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Chile to have a National Artificial Intelligence Policy

InvestChile - February,1,2021

Faced with the challenge of the technological revolution, the policy on artificial intelligence in Chile addresses the need to react and act proactively in the face of changes produced by society’s mass use of technologies.

Topics: Innovation- Tech investment- Internet of Things- AI- Artificial Intelligence

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Shippify is the next Latin American unicorn

InvestChile - January,28,2021

At the beginning of 2021, the last-mile logistics company, which began life under the Start-Up Chile program, will sign a nine-figure contract with Amazon, enabling it to move into the big leagues.

Topics: Start-Up- StartUp-Chile- Entrepreneurship- Last-mile- Shippify

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Tech Investment: EdgeConneX announces Edge Data Center in Chile

InvestChile - January,22,2021

The availability of Oracle FastConnect coincides with the opening of the Edge Data Center, with plans to develop a second facility to meet growing demand for technological infrastructure in Chile and in the region.

Topics: success stories- Innovation- Tech investment- Technological Infrastructure

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Cancer test developed by Chilean start-up to be distributed abroad

InvestChile - January,15,2021

GeneproDX has reached an agreement with Belgium’s Biocartis for the distribution of ThyroidPrint, a test that avoids unnecessary diagnostic surgeries and the permanent use of thyroid hormone supplements.

Topics: Innovation- Start-Up- Entrepreneurship- Science in Chile

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Chileans bring artificial intelligence closer to audiovisual production

InvestChile - January,12,2021

With Runway, hyper-realistic audiovisual content can be created, modified and edited automatically, using artificial intelligence algorithms and machine learning.

Topics: Innovation- Artificial Intelligence- Machine learning

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Entrepreneurship: The new face of Chile’s country image

InvestChile - January,8,2021

NotCo, Algramo, Wheel the World, Karün and Viña Emiliana are among the 12 companies to feature in the “Chile Creating Future” campaign as part of a new strategy to position the country in the eyes of the world and to promote trade and foreign investment to Chile.

Topics: Start-Up- Entrepreneurship- Imagen de Chile Foundation

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Prize for start-up that converts plastic into fuel

InvestChile - January,6,2021

Ariel Crespo, co-founder of EcoFuels, explains how he was able to produce a liquid fuel similar to kerosene that can be used in stoves, industrial boilers and electricity generators.

Topics: Innovation- Energy- Energy Investment- circular economy- recycling

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Pandemic accelerates growth of EdTech companies

InvestChile - January,4,2021

Start-ups devoted to the incorporation of technology in education have diversified their services and accelerated the digital transformation in Chile.

Topics: Start-Up- education- EdTech- COVID-19

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Oracle announces opening of its first Cloud Region in Chile

InvestChile - December,29,2020

The US company indicated that it selected Chile as a pioneer in the adoption of public cloud services and due to the large increase on customer demand.

Topics: Foreign Investment in Chile- Digital Hub- Oracle- Cloud Region

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Chilean start-up adapts seeds for irrigation with seawater

InvestChile - December,28,2020

Chilean entrepreneurs have successfully germinated grains like maize, wheat and barley at temperatures between -2°C and 50°C. They are now seeking to test the development in the field with a view to transforming it into an alternative in the face of water scarcity.

Topics: R&D- Innovation- Foods- Food Technology

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Chile maintains top regional place in Human Development Index

InvestChile - December,18,2020

The Human Development Report 2020 ranks Chile in 43rd place out of 189 countries while, in the Gender Development Index, it takes 62nd place.

Topics: Rankings- Gender Equality- World Ranking- Human Development Report- UNDP

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Chilean foodtech firm creates formula to reduce salt and expands abroad

InvestChile - December,17,2020

Done Properly produces umami naturally and is working on the pilot and scale-up phase for its expansion to Colombia, Mexico, the United States, Spain and Switzerland in 2021.

Topics: Food Industry- Innovation- Start-Up- Foods- Foodtech- Food Technology

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Microsoft announces its largest investment in Chile in 28 years: The company will install data centers in the country and implement a plan of digital reactivation

InvestChile - December,14,2020

The initiatives will generate US$11,300 million in income and create 51,000 jobs.

Topics: Foreign Investment in Chile- Digital Hub- Data Center- Microsoft

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Chile is the most attractive country for investment in renewable energies

InvestChile - December,10,2020

Climatescope 2020, which analyzed 137 countries, also highlighted the solidity of Chile’s energy policies and its ambitious goal of 70% clean power by 2030.

Topics: Clean Energy- Ranking- Energy Ministry- Climatescope 2020- Bloomberg

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