Altum Lab Expands Ai Operations To Peruvian Market
Chile’s Altum Lab is set to enter Peru’s mining market, bolstered by recent funding aimed at strengthening its operations and establishing a presence in the country. This move is part of a broader initiative to support the growth of women-led businesses both nationally and internationally.
Founded by Madelaine Valderrama, Altum Lab won a CORFO program grant, enabling its foray into the mining sector. Although already active in Peru’s agro-industrial market, the startup aims to solidify and expand its business, with plans to open offices in areas like Arequipa, Áncash, Apurímarc, and Cajamarca.
Since its 2019 entry into Peru, facilitated by ProChile and Corfo’s GoGlobal program, Altum Lab has secured three clients in manufacturing and agriculture.
Bruna, Its AI-driven software enhances process efficiency across industries by optimizing resources, improving production lines, predicting raw material characteristics, and forecasting international market values.
Valderrama highlights the company’s unique approach—specializing in prediction and efficient management of raw material-related uncertainties, from extraction to production integration. This capability offers clients precise insights into the materials used in various processes.
The startup’s optimization process begins once these uncertainties are managed, focusing on identifying and implementing best practices for resource utilization and handling. This approach provides critical decision-making data for various production stages.
Starting in January, Altum Lab will explore the Peruvian market, seeking a commercial partner, establishing a local office, and aiming for market consolidation within a year.
