Wayra UK is excited to announce that we have successfully raised 250,000 to further accelerate our mission of nurturing innovative startups. As Telef贸nica鈥檚 Corporate Venture Capital and Open Innovation platform, Wayra has always been committed to identifying and supporting cutting-edge solutions that can transform industries and drive meaningful change for Telef贸nica and third-party partners alike. This recent infusion of capital comes as part of our ongoing strategy to foster a dynamic entrepreneurial ecosystem, delivering the resources and mentorship essential to take our Open Innovation initiatives to the next level.
For 15 years, Wayra has been at the forefront of investing in over 1,100 startups and has expanded its impressive portfolio to include more than 530 innovative companies, with 190 actively collaborating with Telef贸nica. With hubs in Madrid, Barcelona, the United Kingdom, Germany, and across Latin America in Brazil, Argentina, and Colombia, our global presence is a testament to our commitment to connect with emerging talent around the world. Our network extends further with active teams in nine countries, as well as strategic partnerships in Silicon Valley and Israel鈥攔egions renowned for technological breakthroughs.
The freshly raised funds will be allocated to deepen our support for startups with transformative technology and unique ideas, enhancing our ability to provide not only financial backing but also critical mentorship and access to our vast network of over 140 partners and customers. By investing in both emerging and established ventures, Wayra UK reinforces its dedication to driving open innovation and solidifying its role as a catalyst for growth in the global startup ecosystem. We look forward to the promising new opportunities this funding will unlock and the creative solutions our community will bring to life.
