- bySara Delgado
- December 8, 2023
- No comments
- 1 minute read
Chilean forestry and paper conglomerate CMPC launched a $100M investment fund to back early-stage startups.
The fund will invest in Research and Development (R&D) initiatives and partnerships to advance the “digitization and circularity” of industrial and forestry processes, such as cellulose-based textile fibers, eco-friendly packaging, and green renewable biofuels.
The first half of the fund will go towards building a project portfolio, while the second half will be used to help scale these projects.
Read more on Startups latam
Sara Delgado
Sara holds a Master of Public Policy from the National University of Singapore. She has experience in driving digital adoption in corporations and building fast-paced solutions in startups. Her expertise includes the digitalization of issue management through AI-driven SaaS powered by Artificial Intelligence and Natural Language Processing.
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