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.

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.

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.

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.

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.

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.

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

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

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.

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

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.

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.

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.

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.

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

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.

The project, which will be developed by Claro Chile and Telxius and supplied by Subcom, will interconnect the Pacific coast of Latin America, with landing points in Chile, Peru, Ecuador and Guatemala.

The Center currently has 200 employees and has become the hub of Becton Dickinson’s American operations, providing services to seven countries in three languages.

The event, which includes the Clean Energy Ministerial (CEM 12) and the Mission Innovation Ministerial (MI-6) forums, will run from May 31 through June 6.

Thermoelectric power is on its way out and Chile is committed to an upsurge in renewable investment driven by the private sector to achieve its ambitious climate goals.