Foundation Chile will sponsor startups seeking to raise funding on the Santiago Stock Exchange

Foundation Chile has officially backed ScaleX, an alternative stock market created through a collaborative effort between the Santiago Stock Exchange and Corfo, driven by Start-up Chile.

The project has been established to assist high-tech startups in their growth phase to obtain financing through an innovative investment core that provides processes and mechanisms tailored to the demands of potential participants in this market. Santiago de Chile is the country’s main innovation ecosystem and the fourth most important in Latin America, preceded by Mexico City, São Paulo, and Buenos Aires.

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ZoomAgri, the Argentine agritech, receives US$9M from GrainCorp and GrainInnovate

July 27, 2023

ZoomAgri, a global Argentine agricultural technology company that uses AI and machine learning for grain variety recognition, has just raised US$9 million in an investment round Investment in agtech in Latin America represents 5% of global investment and the region is one of the most important agricultural markets in the world. Supporting a sector that is growing and increasingly leaning towards the integration of new technologies can be a spicy offer for venture capital.

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Salesforce Buys for Automated Customer Service

September 22, 2023

Salesforce is buying, which builds low-code, AI-powered e-commerce customer service agents.  You might have thought Salesforce could already do that, but presumably Airkit does it better.  It doesn’t hurt that the company founders sold a previous business to Salesforce, the company was partly funded by Salesforce Ventures, and the product is already listed on AppExchange.  Price was not announced.

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