September 30, 2019

Wayra UK – Telefónica's global innovation arm – calls start-ups and entrepreneurs to register for its London 2020 programme. Application can be submitted online on Wayra’s website (www.wayra.co.uk) from 3rd October until 3rd November.

After the application period finishes, Wayra will select 40 start-ups for the semi- fin

According to Gary Stewart, the Director of Wayra UK, “Start-ups are looking for money, either via investment or via income, and we have proved we can do both pretty well. Our companies have raised $265m in investments but what really differentiates us is that our start-ups have also made $18m in revenue just from contracts with Telefónica”. Wayra’s UK 188 portfolio companies have a combined valuation of close to $1 billion and include start-ups such as ChargedUp, Pzizz, Quit Genius, Red Sift, Ori, Babytobody, Our Path, Century, Just Yoyo and Wefarm.als, which will take place on 13th November. 20 companies will then be selected for the finals on 20th November, from which 10 start-ups will be chosen to join the next cohort, which will begin in February 2020. During the programme, all start-ups will be located into Wayra’s office in Piccadilly, Central London.

Devika Wood is the Head of Wayra’s London programme. She is an entrepreneur whose start-up, Vida, has raised $6m from investors such as Hambro Perks, and she was recognised by Forbes 30 under 30 in 2018. Her mission is to support found

WHAT: Wayra UK opens applications for the next London cohort.

WHO: Wayra UK, Telefónica's open innovation hub.

WHERE: https://www.wayra.co.uk/

WHEN: 3rd October until 3rd November.

FOR MORE INFORMATION CONTACT: Victor Aloi, victor.aloic@wayra.org or +44 7716 912 117.

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