Mergers and Acquisitions

Artefact Acquires Brain Food

Artefact’s acquisition of Brain Food strengthens position in Latin American Data and AI Consulting Market

Michael Webb | December 30, 2024

Global data and AI consulting firm Artefact a has announced the acquisition of Brain Food, a thriving Chilean consulting firm specializing in data, analytics and AI services. This strategic partnership marks a major milestone in Artefact’s expansion within the rapidly growing Latin American market.

Founded in 2015 in Santiago, Chile, by David Albagli—and further accelerated in 2019 by the addition of Andres Oksenberg—Brain Food has experienced remarkable growth over the past five years. The firm has delivered transformative data and AI projects for prominent clients across Chile, Mexico, Colombia, Peru and El Salvador, including Visa, Aeromexico, Femsa, Nestlé, SQM and Seguros Pacífico.

This acquisition follows Artefact’s recent purchase of the Swiss-based AI consultancy Effixis, further underscoring Artefact’s commitment to partnering with top regional firms to drive its international growth.

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