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.
Brain Food’s leadership team, composed of CEO David Albagli and Partner Andres Oksenberg, brings impressive credentials. Both are graduates of Chile’s esteemed Pontificia Universidad Católica, with Albagli holding an MBA from Harvard and Oksenberg earning his MBA from the Kellogg School of Management. They lead a world-class team of over 60 professionals—including data scientists, data engineers, data analysts and consultants—located across several Latin American countries, working in close proximity to their clients. This integration will increase Artefact’s regional headcount by more than one-third.
Artefact and Brain Food share a common DNA in their approach to AI and data-driven transformation, seamlessly bridging the gap between data, technology and business. Both firms emphasize a holistic methodology, offering services in data science and AI consulting, generative AI capabilities, strategic guidance, technical implementation and organizational change to enhance the performance and competitiveness of clients across their entire value chains.
“This partnership marks an exciting chapter for Brain Food,” said David Albagli, founder and CEO of Brain Food. “We see ourselves reflected in Artefact’s mission and are eager to scale our impact, delivering even greater value to our clients with their global support. Artefact’s international leadership in data and AI consulting opens new opportunities for innovation and growth while allowing us to stay deeply connected to our Latin American roots.”
André Fonseca, Managing Partner of Artefact LATAM, who has been instrumental in Artefact’s development across the continent, commented, “Joining forces with Brain Food is a pivotal step in our strategy to establish an integrated network of expertise across Latin America. This acquisition builds on our recent successes in the region, including sixfold growth in Brazil since 2021 and the opening of offices in Colombia and Mexico last year.
Brain Food’s dynamic team and strong client relationships make them the perfect partner to fuel our growth in new markets across the region.” “We’re thrilled to partner with Artefact, whose vision and approach closely mirror our own,” added Andres Oksenberg, Partner at Brain Food. “Like Artefact, we prioritize a collaborative yet rigorous culture, where people can thrive, develop their skills and maintain a healthy work-life balance—a key factor in our decision to join forces.”
Vincent Luciani, CEO of Artefact, concluded, “This partnership reflects Artefact’s commitment to sustainable growth in high-potential markets. Latin America’s demand for data transformation is accelerating, and Brain Food’s leadership and high-impact culture align perfectly with our global vision. Together, we will continue to invest in expanding our reach across the continent, with the goal of more than doubling in size organically over the next three years.”
SOURCE: BRAIN FOOD
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