Interview

March 22, 2022

Why Telefónica’s Wayra is looking beyond accelerators

10 years since the foundation of Wayra, Telefonica has moved onto venture building, direct investing and the “anti-portfolio”.


Thomas Brown

7 min read

Irene Gomez, open innovation director, Telefónica

Telefónica, the Spanish telecoms giant, is well-known for its Wayra accelerator programme, introduced in 2011 and something of a European counterbalance to the dominance of Silicon Valley. In those 10 years it has helped along some 800 startups who have generated more than €285m in revenues and 10,000 high-skilled jobs. 

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