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Wayra Spain invested EUR 1.3 mln in 13 startups in 2018

Thursday 17 January 2019 | 09:54 CET | News
Telefonica announced that its Wayra Spain startup accelerator invested a total of EUR 1.3 million in 13 startups in 2018. The startups covered areas including blockchain technology, Internet of Things (IoT), cybersecurity, Artificial Intelligence, video and virtual reality, among others, said the company. The acceleration activities are aligned with Wayra's new strategy of investing in more mature startups that bring innovation and can grow by generating new business, said Telefonica, adding that Wayra Spain's startup portfolio generated more than EUR 20 million in revenues last year.

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Categories: Internet
Companies: Telefonica / Wayra
Countries: Spain
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