Spanish internet business incubator Digital Assets Deployment (DaD) is entering the Latin American market through its arrival in Santiago and partnership with Chilean company Neos, according to a press release from DaD.
DaD is looking to bring its business model to Latin America, picking Chile as the location of its regional operations center. The firm develops global seed capital networks for online companies.
The Spanish company's president, Rodolfo Carpintier, said DaD's partnership with Neos will provide it with knowledge and experience from different regional markets.
According to Neos USA's director, Allan Jarry, the partnership will give Neos support in developing innovation and entrepreneurship in Chile and Latin America, with access to seed capital and experience with high risk projects.
DaD has completed its global expansion plans with its landing in Chile. In addition to Santiago, the company has presence in Madrid, Shanghai, Moscow and New York.