InvestChile Blog

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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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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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Pinterest aims to expand its market in Latin America

InvestChile - November,22,2021

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.  

Topics: global services- global services export- Pinterest- Creative industries- ads

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Adepa is now in Chile and will provide services to investment funds

InvestChile - November,18,2021

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. 

Topics: global services- Venture Capital- Spanish investment in Chile- global services export- Management- Adepa- Spanish companies

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Chile activates US technological investments for US$1 billion

InvestChile - November,8,2021

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

Topics: Chile- global services- Investment in Chile- Technological investment- Chile digital hub

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Chile will provide 1,400 scholarships for IT retraining

InvestChile - July,29,2021

These are free, online programs for people who are unemployed or self-employed.  The courses are intensive, last from 2 to 4 months and help people to switch over from any trade or profession to IT programming and design.

Topics: global services- Global Competitiveness Report- global services export- Talento Digital- Talento Digital para Chile- Digital Talent- scholarship- IT

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The startup using AI and blockchain to trace plastic recycling

InvestChile - June,29,2021

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.

Topics: global services- technology- Innovation- Start-Up- Tech investment- AI- App- Artificial Intelligence- Blockchain

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Global Services: What are the incentives for investing in Chile?

InvestChile - June,22,2021

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

Topics: Foreign Investment in Chile- global services- InvestChile- Digital Hub- Digital Infrastructure- Data Center- Regional Cloud

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Becton Dickinson: 10 years serving the Americas from Chile

InvestChile - May,26,2021

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.

Topics: Foreign Investment in Chile- global services- Becton Dickinson- Medical technology

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Spanish firm Jeff to replicate grant program for Chilean entrepreneurs

InvestChile - April,14,2021

The gym, beauty and laundry services franchise company has some 2,500 stores in 40 countries, including Chile, which has become one of its largest markets with 50 sales outlets.

Topics: global services- Spanish investment in Chile- Franchaise company- Jeff

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Asian and European firms present proposals for the Chile-Asia cable

InvestChile - November,9,2020

The government has received around 20 financing proposals for the transoceanic cable. KPMG has managed negotiations with investors.

Topics: Foreign Investment in Chile- global services- Submarine cable

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Vivo enters the Chilean market

InvestChile - October,28,2020

The Chinese company is in the process of expanding in Latin America and Chile will be its second market in the region. Chile’s high rate of mobile phone use and its future 5G network explain the technology giant’s decision to establish operations there.

Topics: global services- Vivo- 5G technology- Chinese companies in Chile

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Huawei announces installation of second data center in Chile

InvestChile - September,28,2020

The data center will be located in the Santiago Metropolitan Region and will start operation at the end of this year.

Topics: global services- technology- Huawei- Data Center

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Mercado Libre and its formula for triumphing in the pandemic

InvestChile - August,26,2020

The company is growing at rates of 300% in Chile and plans to invest US$100 million in the next two years.

Topics: Foreign Investment- global services- Foreign companies- Mercado Libre

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Aisino: We want Chile to be the base from which to expand our business

InvestChile - July,30,2020

The Chinese technology giant is participating in the race to win the tender for the Civil Registry’s new identification system, identity cards and passports.

Topics: Foreign Investment in Chile- global services- technology- Aisino

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K+S, owner of Sal Lobos, to install business center in Chile

InvestChile - May,11,2020

The project, which received support from InvestChile, will provide financial and accounting services to the holding’s companies in the United States and Canada.

Topics: Food Industry- global services- Foreign Direct Investment- German investment in Chile- Business Center

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Chileans share open code for printing 3D face masks

InvestChile - March,23,2020

The model developed is similar to a standard N95 mask, but has some special features. It is antiviral, reusable, modular, washable, recyclable and inexpensive.  

Topics: global services- Innovation- Coronavirus- COVID-19- 3D- 3D printer

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Chilean company develops a digital solution for detecting coronavirus

InvestChile - March,23,2020

The company has used artificial intelligence to create a chatbot that carries out a rapid test via WhatsApp and refers the patient for remote medical attention. The next step is to transform it into an app.

Topics: global services- Innovation- AI- Artificial Intelligence- Coronavirus- COVID-19

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Cornershop expands regional presence and officially launches in Brazil

InvestChile - February,4,2020

Cornershop is continuing its expansion path in the Americas. The Chilean start-up has now officially launched its service in Brazil, specifically in the city of Sao Paulo.

Topics: global services- technology- Start-Up- Cornershop

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Chilean tech firm to open US offices and expects to double revenues

InvestChile - January,30,2020

Modyo, a software company that focuses on supporting the digital transformation of large companies, expects to achieve sales of US$10 million this year, based on the growth of its current areas of business.

Topics: global services

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