Wayra is a start-up accelerator that promotes entrepreneurship and accelerates disruptive start-ups in Europe and Latin America. Wayra’s acceleration program gives its users funding up to 50,000 U.S. dollars, a place to work, mentors, business partners, access to a global network of talent, and the opportunity to reach millions of Telefónica customers in exchange for 7% to 10% of each startup. WBI – Business Innovation proposes an entrepreneurial acceleration and support program to connect the Ibero-American ecosystems. During the one year program, the staff and mentors work closely with each company to support on tactical and strategic issues central to each business, in exchange for 7% – 10% equity.

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NEWS

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Angel Ventures seeks to strengthen corporate venturing in the region

2 months ago

Angel Ventures, the VC firm that specializes in early-stage investments, announced the acquisition of Coonector. This Mexican company links corporations with startups in LatAm to “accelerate innovation and establish relationships of collaboration and investment,” according to the press release. The amount of the transaction was not revealed. By adding Coonector’s expertise, Angel Ventures seeks to […]

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Vozy closes US$800K to scale voice AI services into Mexico and Peru

1 year ago

Contxto – Automated (dull) voice responses are becoming a thing of the past in customer service. With voice AI technology, companies such as Google and Amazon are competing to make their AI bots sound as human-like as possible. But there’s no need to head to Silicon Valley nor Seattle to see this tech evolve. Instead, […]

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Latin America’s startups are beating old and new Covid bureaucracy with legaltech

1 year ago

Contxto – If citizens in Latin America have a government-related issue to address, they have to jump through plenty of bureaucracy. To make matters worse, Covid-19 has put administrative offices in a fix. Social distancing means people can’t be cramped into waiting rooms as per their usual annoying protocol. In that sense, officials are sprinting […]

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Santander InnoVentures re-brands as Mouro Capital and gains US$400M for startups

1 year ago

Contxto – Santander InnoVentures, the investment arm of Spanish bank Santander, is undergoing some serious innovations of its own.  On Friday (11), it announced that it’s re-branded into Mouro Capital. Furthermore, it’s not just a matter of name-changing. It’s also shaking up the way it will approach entrepreneurs and funding in general. And to kick […]

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Wayra passes on as accelerator… To be reborn as CVC fund in Latam

1 year ago

Contxto – Wayra in Spanish-speaking Latam is done. It’s over. Kaput. Absolutely and positively done… being an accelerator. And that’s because last week, leadership announced that Wayra would officially become a corporate venture capital (CVC) fund. As a result of these changes, the venture arm of multinational Telefónica, will no longer be accelerating early-stage startups. […]

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ComunidadFeliz raises US$2 million investment to keep people from killing their condo admins

1 year ago

Contxto – ComunidadFeliz, a Chilean startup, just raised US$2 million in order to help condominium administrators keep their tenants’ and landlords’ financial peace of mind. As the old Mexican adage says “Cuentas claras, amistades largas”. Not to say that those loud neighbors of yours are your friends, but perhaps not your enemies, I guess? The […]

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Iporanga and Wayra lead US$818,000 investment in mobility startup Voll

1 year ago

Contxto – Brazilian mobility startup Voll is going places—literally. Thanks to its recent investment for R$4 million (around US$818,000) through co-leading investors Iporanga Ventures and Wayra it can act on its expansion plans.  Coronavirus has caused drops in ride-hailing trips. This has directly impacted Voll‘s revenue model as it relies on users to request trips […]

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11 startups from Peru you can’t miss in what’s left of 2020

1 year ago

Contxto – Yes, we all love Crehana, and we are proud to know it’s the startup of the hour and see it on the rise. Crehana has been a very successful and helpful tool during the pandemic, with a huge rise of users all over Latin America, along with some bigger investments. However, the same […]

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Corporate Venturing in Latam: more theater than actual stake

1 year ago

This week we had our Morning Coffee with Claudio Barahona, the Open Innovation Manager of Movistar Chile and leader in Wayra. Contxto – While practically everybody around the world is currently at home, working remotely as a precaution due to the coronavirus, we are amazed to realize how globalized everything actually is. A virus expands […]

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Let it rain! Telefónica invests in Redpoint eventures to find Brazilian startups

1 year ago

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Spanish phone company Telefónica wants to further tap into Brazil’s startup ecosystem. And by “tap” I mean its investment capabilities.  That’s why Telefónica’s corporate venture arm, Telefónica Innovation Ventures, will now be doubling down on its funding tickets. Sources report it will disperse up to R$1 million (around US$215,000) per […]

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