The US$39 million investment in Fintual marks Sequoia’s arrival in Chile amidst the burgeoning Fintech industry in Latin America. The company has invested in other regional startups, such as Despegar.com, Nubank and Rappi. 

The inspirational app has launched a US$20 million fund to invest in and reward its content creators. This advertising model for the creative industries will arrive in Chile in 2022.  

Carlos Morales, CEO of the Spanish company Adepa, confirmed that the maturity of the local market has created a demand for these services. The aim is to expand from Chile across the region. 

The company is opening a 1,700m2 training facility for operators in Chile. It hosts a full suite of equipment for A320 pilots and will allow Airbus to train 1,800 people a year.  

“Agreements can always be improved when the parties reach a consensus, but updating and expanding our international agreements is not the same thing as submitting them for review, which would generate uncertainty regarding Chile as a trade partner.”  

Christopher Laska reasserted his optimism about the future of the country and the development of the company’s projects in Chile.

InvestChile met with representatives from companies such as AWS, EdgeConnex, Synopsys, SpaceX, Netflix, ViacomCBS and KKR, among others.  

The referential investment amount is US$1.5 billion and will be key to strengthening the development of renewable energy in the country.

Chile’s Government has updated its National Energy Policy, which for the first time considers climate change, green hydrogen and electromobility.

Chile’s vibrant local entrepreneurship ecosystem, international trade agreements, financing programs and high level of technological development are the main factors that attract foreign investment to the country. 

The French company began operations in 2012 and is preparing to open its doors in Chile. It will study new investments for fuel development, where it expects to launch its first operation in 2024 with an investment of over US$250 million.  

The number of desalination plants is increasing, while Chilean companies and foreign investors’ consumption of seawater has been constant. Cochilco also revealed that the sector's share of GDP reached its highest point in the last seven years.  

Since it was set up in 2016, InvestChile has advised 1,464 companies from 70 countries, which in total have carried out 157 projects for an amount exceeding US$18.3 billion.

The Peruvian startup intends to begin operating in Concepción, Chile’s second-largest city, in the coming months. The company, which is already operating in Santiago and Viña del Mar, states that its investment in Chile has resulted in “exponential” growth.  

This will be the US giant’s second center in the country, after the first one opened in the Metropolitan Region in December 2020. The investment amount has not been disclosed, nor was an amount reported during the construction of Oracle’s first cloud service in Chile.  

Since launching its national strategy, Chile has tripled its number of green hydrogen projects, currently boasting over 60 initiatives. The goal is for 25% of these projects to be producing green hydrogen before the end of the decade.

The company aims to revolutionize the food industry with 100% plant-based products, clean labels, functional ingredients and sustainable production and packaging.

The South American country is forecasting technology investments totaling US$4.3 billion and 8,600 new jobs for digital talent. Foreign investment will be key to achieving these targets. 

The tender award documents for contracts beginning in 2026 reveal an average price of US$24 per MWh. Several companies with foreign capital took part in the tender process, such as Mainstream Renewable Power, Sonnedix and Canadian Solar, demonstrating the importance of foreign investment in Chile’s energy sector.

As a first step, the world’s largest copper producer plans to reach annual production of 7 million tons by 2030 in order to reach its mid-century target of 9 million tons. Foreign investment will be key to achieving these targets.