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Startup program · Telecom

Telefonica

Wayra

Madrid, Spain

About Telefonica

Telefónica is a Spanish telecommunications group headquartered in Madrid, operating across Europe and Latin America.

Source: wayra.com

How Telefonica works with startups

Wayra is Telefónica's corporate venture arm, investing in startups across Spain, Germany, the UK and Brazil. It describes a venture-client model: rather than staying a passive investor, it connects portfolio startups directly with Telefónica's business units for commercial collaboration and access to one of the industry's largest customer bases. Beyond investment, Wayra also designs and runs open innovation programmes for Telefónica and for external corporations.

Source: wayra.com

Selected startup collaborations

Lynk · 2024

Piloted satellite direct to phone connectivity

Telefonica and Lynk tested satellite direct to mobile phone technology in Patagonia, Argentina, demonstrating potential backup connectivity for remote areas on existing devices.

Source: lynk.world

BRYTER · 2022

Built legal workflow automation tools

Telefonica's legal team used BRYTER's no code platform to build an NDA generator, data breach assistant, virtual legal assistant and document finder.

Source: bryter.com

ClimateTrade

Integrated carbon offsetting into device marketplace

Telefonica integrated ClimateTrade's API into its TU.COM carbon neutral marketplace, letting customers offset device emissions in three clicks and support environmental projects.

Source: climatetrade.com

Devo

Reduced churn and helpdesk calls

Devo's security data platform helped Telefonica reduce customer churn and helpdesk call volume, going from concept to full deployment in three months.

Source: www.devo.com

These are selected publicly described collaborations, not a complete procurement record or a measure of spending.

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