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. 

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. 

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.

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. 

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.  

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

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

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

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.

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

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

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.

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.  

The agreement signed by the Spanish company includes the new expansion phase of the Minera Spence deposit, owned by BHP and located in the municipality of Sierra Gorda in Chile’s Antofagasta Region.

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. 

The new highway that will join Santiago and San Antonio will add to the more than US$6.5 billion that the Spanish firm has invested in the Latin American country since 1996.

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.  

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%.  

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

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, LatAm Airlines, Microsoft, Nestlé, PwC, SAP, Salmon Chile, Siemens, Unilever and InvestChile.