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Wayra UK

www.wayra.uk

Wayra invests in startups to facilitate seamless collaboration with Telefónica and other corporate partners, leveraging access to Telefónica's network of 380 million customers to propel startups into global markets. They deliver cutting-edge innovation services through both direct corporate engagement and open innovation platforms.

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Investment Thesis

Wayra operates as the Corporate Venture Capital and Open Innovation platform of Telefónica, with a mission to ‘foster innovation and drive progress in startups and facilitating their collaboration with organizations to generate impact.’ They employ a distinctive ‘venture-client approach’ that bridges corporations and innovation by investing in startups for other companies with custom-designed investment theses.

What Sets Them Apart

  • Unique 'venture-client approach' - investing in startups for other companies with custom-designed theses
  • Direct access to Telefónica's massive customer base of 380 million users
  • Corporate backing from major telecom incumbent enabling market access and credibility
  • Dual model combining venture investment with innovation services delivery
  • Multi-country presence (Spain, Brazil, Germany, UK, Latin America)

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