InvestChile Blog

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InvestChile

InvestChile
We are the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment, serving as a bridge between the interests of overseas investors and the business opportunities the country offers and providing world-class services that are in line with the country’s economic development policies.

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The Yield Lab Latam and INIA bring Chilean AgTech to the world

InvestChile - May,18,2022

The investment fund, supported by InvestChile in Chile, specializes in Agrifoodtech and accelerates startups in this sector in the United States, Europe, Asia and Latin America. 

Topics: AgTech

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Paramount’s plan to modernize Chilevisión

InvestChile - May,18,2022

The US conglomerate wants to extend the TV channel’s positive financial streak and transform it into a product for Paramount+, the digital platform competing with Netflix.

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Amazon satellite internet to be available in Chile from 2023

InvestChile - May,12,2022

Jeff Bezos’ company will be able to install, operate and exploit tracking, telemetry and command stations in Chile. They will connect to the Kuiper Systems satellite constellation, the Amazon division that is directing the project globally. 

Topics: Digital Economy

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Xepelin raises US$111 million in an historic Series B round

InvestChile - May,10,2022

The Chilean Fintech announced that the financing round was led by Avenir and Kaszek, along with the participation of others, such as PayPal Ventures, Wellington, Picus, Cathay-Seaya Latam and Gilgamesh. 

Topics: Fintech

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Globant announces US$40 million investment in Chile

InvestChile - May,6,2022

The Argentine technology company, which recently inaugurated its new building in Santiago, will invest US$40 million over the next three years, and plans to hire more than 500 employees in 2023.

Topics: global services

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Mercado Libre to hire 1,000 people in Chile in 2022

InvestChile - May,5,2022

The Argentine e-commerce and financial services firm expects to hire 14,000 people throughout Latin America, this will result in 46% growth in its total number of employees in 2022, reaching 44,000 this year. 

Topics: global services export

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Pacific Hydro: 20 years in Chile

InvestChile - May,3,2022

The Chinese-owned company, with 100% renewable assets, expects to invest a total of US$590 million over the coming years and intends to triple its installed capacity to 1,400 MW by 2026.  

Topics: renewable energy

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Liberty Latin America projects US$450 million in M&A synergies

InvestChile - May,2,2022

The company forecasts some US$180 million in annual synergies through combining its VTR landline operations with the Claro mobile operations in Chile.

Topics: global services

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Picus Capital has Latin America in its sights

InvestChile - April,28,2022

The German venture capital firm aims to become one of the most influential funds in Chile and Latin America.

Topics: Venture Capital

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Scotiabank will be the first bank to implement a sub-40-hour workweek

InvestChile - April,22,2022

The Canadian multinational will reduce its workweek from 42 to 39 hours, benefiting more than 6,000 employees in Chile.  

Topics: Banks

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Chile’s pharmaceutical industry: A new hub for business opportunities

InvestChile - April,20,2022

The agency has published an e-book with a step-by-step operating guide that details the benefits for international companies of setting up in the Southern Cone country.

Topics: Pharmaceutical industry

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BENEO invests more than US$50 million in Chile

InvestChile - April,13,2022

The German company has reported 20% higher global volume due to capacity increase of production facility in Chile by 2022.

Topics: German investment in Chile

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Ceres Imaging: technology that serves farmers

InvestChile - April,12,2022

The California-based company has launched operations in Chile with plans to expand to the rest of the region, beginning with Peru.

Topics: AgTech

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Windin’ Capital acquire three wind farms in Chile

InvestChile - April,11,2022

The equity fund focused on the renewable energy sector, will develop and operate the wind farms of La Flor, Vergara, and Cancura, which will have a combined installed capacity of 103.8 MW.

Topics: renewable energy

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Venture Capital investment in Chile rose 1,700% in 2021

InvestChile - April,8,2022

Last year, 104 deals were made, with the majority of transactions between US$1 million and US$5 million, exceeding US$ 2.9 billion, according to the Chilean Venture Capital Association. The financing rounds were led by private funds and there was a high level of foreign participation.  

Topics: Venture Capital

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Peruvian fintech firm seeks to expand from Chile to the entire region

InvestChile - March,31,2022

The paytech firm Instacash Preauth has raised US$800,000 with Alaya capital and 500 startups. After entering the market in April 2021, it has grown 20% in each of the past 10 months and now has a team of 15 people in Chile. 

Topics: Fintech

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Petco set to arrive in Chile in 2022

InvestChile - March,24,2022

The North American pet products retailer, part of Grupo Gigante, will invest US$2 million in launching its online business in Chile. The company plans to expand in the future with brick-and-mortar stores in the country.  

Topics: North American investment in Chile

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The keys to Cargill’s investment in Salmones Multi X

InvestChile - March,22,2022

Global food giant Cargill has agreed to purchase 24.5% of the Chilean salmon company Multi X. This is the same stake that Japan’s Mitsui will hold; the company already has a stake in the firm. Multiexport Foods will retain control, with 51%.  

Topics: Food Industry

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WeWork LATAM chooses Chile

InvestChile - March,15,2022

The US company has five buildings in Santiago, which have already exceeded 55% occupancy and demonstrate what WeWork have described as an “impressive” demand. 

Topics: US investment

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WEF highlights InvestChile’s progress in gender equity

InvestChile - March,10,2022

Data indicates that the World Economic Forum’s gender gap accelerator programme in Chile has effectively promoted female representation in member organizations, which include Accenture, Cargill, IBM, Invest Chile, LatAm Airlines, Microsoft, Nestlé, PwC, SAP, Salmon Chile, Siemens, Unilever and InvestChile.

Topics: Women

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