WayraTelefónica's international start-up accelerator, has already accelerated 415 start-ups from more than 20 different technology sectors since its inception in 2011. The impact on the entrepreneurial ecosystem in Spain has been very significant.
Wayra Spain: Accelerated companies
If we focus on Wayra Spain, since it accelerated its first 10 companies in 2011, a total of 57 companies have gone through Wayra Spain. acceleratorAll of them with a common denominator, companies in the field of ICTs, from e-commerce and mobile apps, which are the most numerous, to metrics analysis companies.
"In the last call in 2014 Wayra was mainly looking for Internet of Everything and Smart Cities companies, Big Data for retail and verticals such as transport or logistics and Future Web." Says Diego Gutierrez of Abra-Invest
In terms of the geographical area of the companies, the majority of them are companies based in Madrid (28) and Barcelona (17), but we can also find companies located in other parts of the Spanish geography such as Aditiumcompany located in Zabaloetxe, Bizkaia, accelerated this past year 2014 dedicated to providing professional solutions based on Smartphones.
Growth of wayra's activity
It seems that the number of companies accelerated by Wayra Spain continues to grow as the years go by, although the accelerator is opening up to new geographic markets, so if in 2011 there were 10 companies accelerated by Wayra in 2013 the number of companies rose to 19.
In 2014, in addition to the call for the first half of the year that invested in 11 startups, Wayra has opened a new global call for projects until 5 October in order to seek new business proposals. In this second call, it is expected that another 10 companies in Spain will enter, thus surpassing the 2014 ratios.
Second rounds received by accelerated companies
As part of its acceleration programme, Wayra provides companies with funding of up to 40,000 Euros, a workspace at the Academies in Madrid and Barcelona, access to an outstanding panel of experts and mentors, plus technological support and business advice from the different business units of the Telefónica Group and Wayra in 13 countries.
A number of Wayra-accelerated companies have been awarded financing rounds 11M€ between all of them. Several of these companies have raised more than one round, for example Marfeel, dedicated to automatically transforming the content of a website and adapting it to any mobile device. The latest of these, a €1.6M round, was led by Nauta Capital 860,000, but also involved Bertelsmann Digital Media Investments Wayra and Elaia Partners.
Another firm that has also managed to close a large number of rounds is Emtricsa service to collect the opinion/satisfaction of the customers of a traditional retailer via a mobile phone. All of them have been seed and angel rounds.
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