Wayra UK is part of Telefónica Open Future_, the open innovation programme that integrates the different initiatives of the whole Telefónica Group related to entrepreneurship and innovation.
Wayra UK gives direct funding, acceleration and pre-acceleration services (such as co-working space, connectivity services, mentoring, access to Wayra UK’s network and know-how, training in entrepreneurship and business skills) to selected start-ups. Since its launch in 2012, Wayra UK start-ups have raised approximately $150m in third-party investment.
Wayra UK has partnered with some of the world’s leading organisations to invest in a number of verticals that help generate growth, create positive societal impact and fuel innovation across a number of industries.
These include Velocity Health with Merck Sharp & Dohme Limited (MSD), a global healthcare company transforming healthcare; Government Communications Headquarters (GCHQ), through the GCHQ Cyber Accelerator; our Wayra Fair By Design programme, which seeks to alleviate the poverty premium; and the Intelligent Mobility Accelerator, a partnership with the Transport Systems Catapult.
Wayra UK also works alongside local and regional partners to reinvigorate entrepreneurial ecosystems, energise local economies and democratise entrepreneurship.