Wayra

Wayra is the Corporate Venture Capital and Open Innovation platform of Telefónica, a multinational telecommunications company. They invest in and support startups across Europe and Latin America, with a focus on driving innovation and generating positive impact. Wayra provides startups with access to Telefónica's vast network, resources, and expertise, helping them scale globally. They build bridges between corporations and innovation by investing in startups for other companies with custom-designed investment theses. Wayra's mission is to foster innovation and drive progress in startups, facilitating their collaboration with organizations to generate impact.

Beyond investment, Wayra offers a range of innovation services to corporations, including open innovation platforms, specialized technical support, and business development programs. They empower startups to integrate their solutions with Telefónica's technological platforms through programs like their Activation Programme, which provides access to new technologies, APIs, and personalized support. Wayra also acts as a responsible investor, incorporating ESG factors into their investment decisions to promote sustainable development and ethical business practices.

Wayra is the Corporate Venture Capital arm of Telefónica, dedicated to fostering innovation and driving progress in startups worldwide. They invest in disruptive projects, facilitating collaboration between startups and organizations to generate impact. Wayra's unique venture-client approach helps startups scale globally, granting exclusive access to Telefónica's extensive network of 380 million customers.

Wayra promotes a culture of innovation, collaboration, and ambition. They believe in challenging the status quo with open minds and a bias for action, valuing honesty, integrity, and accountability. They foster a team-oriented environment where learning, collaboration, and fun are all encouraged.

Wayra's approach to diversity, equity, and inclusion is deeply integrated into its investment strategy, company culture, and operational practices. They actively promote diversity and inclusion within their workforce, aiming to achieve 33% women in executive positions and eliminate the adjusted wage gap by 2024. Furthermore, they incorporate ESG factors into investment decisions, prioritizing investments in companies that not only generate economic benefits but also promote social and environmental development. Wayra actively encourages its portfolio companies to adopt ESG best practices and actively engages with their founders and CEOs on the ESG implications of their business activities. This commitment to responsible business practices is reflected in Wayra's signatory status to the United Nations Principles of Responsible Investment (UN PRI) and its robust internal policies promoting ethical business conduct and data privacy.