Telefónica's Wayra UK reveals new plans to help digital startups

By Johan De Mulder

Wayra UK, the accelerator supported by telecoms giant Telefónica, has revealed a fresh vision to finance digital startups in the country.

The London-based business will expand into regional bases with the United Kingdom and focus particular support on transport technology and cyber security startups.

It will open a new Intelligent Mobility Accelerator in Milton Keynes while also extending its partnership with the government over its National Cyber Security Programme.

See also:


Business Matters also reports that Wayra UK's A Wayra Fair By Design programme, opening up in Oldham, will fund seven startups per year that focus on doing 'social good'.

"These new programmes show that Wayra UK is reaching a new level in supporting UK start-ups," said Gary Stewart, director of Wayra UK.

"Our support goes beyond just funding, we’re also giving them access to the scale and expertise of Telefonica, including access to coaches and mentors.

"In return, we benefit from innovations that help boost the economy through profits, job creation and creating cost savings, as well as providing valuable data and insights."

Wayra UK was founded in 2012 and has since helped finance over 160 startups with $150mn worth of funding.

Share

Featured Articles

Top 10 fastest-growing Indian companies in the UK

Business Chief takes a look at the top 10 fastest-growing Indian companies in the UK, according to the India Meets Britain Tracker from Grant Thornton

Top 10 workplaces prioritising people and planet in the UAE

Sustainable, flexible, collaborative, tech-driven, and amenities-rich, the office of the future considers both people and planet – here are 10 in the UAE

Top 10 female HR execs leading Saudi’s workplace transition

As Saudi pushes for more nationals and women in the workplace, all eyes are on the Kingdom’s HR leaders. Here, 10 female HR execs leading the transition

Top 10 largest asset managers by AUM operating in the UAE

Corporate Finance

Top 10 female CEOs leading Africa’s biggest businesses

Leadership & Strategy

Top 10 Executive MBA programmes in the United Arab Emirates

Leadership & Strategy