Wayra

Wayra is Telefónica's Corporate Venture Capital arm and its open innovation platform, established in 2011. The firm's core mission is to foster innovation and drive progress by investing in startups and connecting them with Telefónica's business units and other organizations. This venture-client model enables startups to scale through commercial collaboration, gaining access to global markets and Telefónica's extensive customer base. Wayra also designs and delivers open innovation and corporate venture programs for Telefónica and other corporations, either directly or through its innovation platforms.

Originally launched as a startup accelerator, Wayra evolved in 2018 into Telefónica's Corporate Venture Capital, consolidating the Group's investment and open innovation initiatives. The firm has a global presence with hubs in Europe and Latin America, and teams operating in multiple countries. Wayra actively seeks to identify and support innovative solutions that can address significant challenges within Telefónica's operations and the broader industry, contributing to digital transformation across various sectors.

Wayra has made over 1,100 investments since its inception, with more than 530 active startups in its portfolio. Notable investments include companies like Perplexity (AI-powered search), Payflow (online financial services), Airalo (eSIM stores), and Hiya (caller ID and spam protection). The firm focuses on early-stage investments, typically ranging from Pre-Seed to Series B, and has also participated in growth-stage funding. Wayra's portfolio reflects a strong interest in cutting-edge technologies such as Artificial Intelligence, Fintech, Cybersecurity, and Blockchain, as well as solutions for digital health, sustainable tourism, and enterprise applications.

The Wayra team comprises experienced professionals dedicated to venture capital and open innovation. Key leadership includes Andrés Saborido as CEO, Nuria San Agapito as CFO, and managing directors for various functions and regional operations, such as Pablo Moro (Funds & PreM&A), Paloma Castellano (Ventures), Agustín Moro (Innovation Partnerships & Services), Philipp Trauer (Brazil), and Florian Bogenschütz (Germany). This diverse expertise allows Wayra to provide strategic guidance and support to its portfolio companies, facilitating their growth and integration with corporate partners.