Empresas Lipigas invests USD 5.5 million in startup FREST
Empresas Lipigas announced the investment of USD 5.5 million in FREST Chilean startup dedicated to the online marketing of fruits and vegetables to end consumers and businesses. Today they deliver more than 4,000 orders a month and have a plan to continue growing and boost omnichannel sales.
This operation is part of the corporate strategic plan for growth, diversification and transformation of Lipigas, in this case, through its subsidiary Logística y Desarrollos Digitales SpA. The agreement will allow the startup to take advantage of the extensive capabilities in logistics, digitization of processes and Lipigas customer service, which will be essential to fulfill its growth plan.
With this, Lipigas seeks to generate synergies with businesses that can grow thanks to the company’s extensive experience in areas other than energy, in which it has been supported by the innovation consultancy Innspiral.
This is how the general manager of Lipigas, Ángel Mafucci, explains it: “The energy sector is evolving very quickly in Chile and the world. Thinking about the future, at Lipigas we are developing a business growth, diversification and transformation strategy that will allow us to continue being a leading company in the energy sector, but also be prepared to take advantage of the opportunities that are being generated in other types of businesses that they can benefit from the capabilities and tools that as a company we have developed over the years.”