LatAm List – ACE, originally founded in 2012 by Pedro Waengertner and Mike Ajnsztajn was one of the largest accelerators in Latin America until their recent pivot.
With the new branding, the company is now broken into two branches: ACE Cortex and ACE Startups. The former specializes in innovation consulting, and the latter acts as an investment company.
“Our strategic goal is to lead innovation in Latin America, end the year with 100 people on the team and earn $39.2M (R$150M) with ACE Cortex by 2022,” explained Waengertner to StartUpi.
Read more about ACE’s new business model at StartUpi.
