Frequently Asked Questions

Would you like to discover Wayra X's secret recipe? Check out our FAQ to clear up your questions about Wayra X.

Frequently Asked Questions

Wayra X is Telefónica's digital open innovation hub. At Wayra X, we invest in startups aimed at mass markets and offer them an opportunity to test their products on real customers, reaching millions of users on their mobile devices. We invest in pure digital and fully remote startups anywhere in the world, giving them access to Telefónica's capacities in IoT, data, blockchain, cyber security and carrier billing to boost their products.

Wayra X invests globally. Our homeland is the world!

With Wayra X, you can scale up your startup and reach more than 10 different markets around the world, as well as partners from all different sectors via the network established by Telefónica, one of the biggest telecommunications companies in the world. Wayra X offers its startups an opportunity to test their products on real customers, reaching millions of users on their mobile devices.

We invest up to €250k in each startup and offer 100% online scale-up services, as well as access to real customers and the Wayra ecosystem made up of 7 hubs in 10 different countries. When you receive funds from Wayra X, you'll also be able to access Telefónica's resources in IoT, data, blockchain, cyber security and carrier billing, as well as Wayra offers.

We invest in companies that are 100% digital and in the early stage, with a low touch product aimed at B2C, SMBs and B2B2C mass markets.  We are interested in companies with the ability to work remotely anywhere in the world.  Startups looking for commercial validation, seeking new investment and exploring ways to scale up.

We are interested in startups with a focus on 5G, e-health, e-learning, smart home, the future of work, entertainment and mobility, among others.

At Wayra X, we are looking for new projects to invest in all year round. You can send us information about your company here and it will be individually reviewed by our scouting team, who will get in touch with you if your startup matches our investment profile.

Yes, although we are more comfortable with teams of several founders. We love teams that have several founders, each of whom contributes knowledge and experience in a specific area.

Yes. At Wayra X, we invest in startups in exchange for a minority share in the company's share capital.

It depends. We are most comfortable investing in compliance with market standards, with convertible notes, SAFE or equity... Once Wayra becomes a shareholder in the company, we will sign a shareholders' agreement to regulate the relationship between all the parties.

Wayra X is an initiative from Telefónica, one of the biggest telecommunications companies in the world. Telefónica has around 350 million customers and its main markets are Spain, the UK and Brazil. Telefónica operates in 12 countries and has a presence in 24, with an average of 113,819 employees.

With Wayra X, we offer an opportunity to reach Telefónica's network and benefit from Telefónica resources and capacities in IoT, data, blockchain, cyber security and carrier billing. Do not miss this opportunity!

No. At Wayra X, we invest in startups all over the world, not only in the countries where Telefónica currently operates.