Thirteen UK technology startups have been selected to join Telefonica’s global tech startup accelerator programme Wayra. The companies were selected from 30 finalists.
The Wayra Finals included a two-day intensive pitch process, which was judged by a panel of experts including members of Google, the Cabinet Office and Santander.
The startups selected include Applyed, a digital admissions and data analytics tool for schools, and RotaGeek, an online work shift scheduling tool for businesses and the health sector.
Another startup, Yoyo, is a marketing engine for retailers, powered by in-store mobile transactions, while Cloudwear offers intention-based messaging for mobile and wearable devices.
Wayra director Gary Stewart said: “We are delighted that such a world-class panel has awarded a high calibre of startups a place within the academies. We are confident that through funding, mentoring and the support of a multi-national business in Telefonica, we will be able to give them the leg up that they need on the path to success.”
Each winning startup will receive up to €40,000 in funding, which may eventually convert into a minority shareholding in their business, of typically between seven and ten percent.
In addition, startups will receive access to work space in the UK academy in central London, as well as mentoring from legal and financial advisors and access to Telefonica investors.
Wayra was first launched in the UK in 2012, after originating in Spain and Latin America. The Wayra programme now runs in 12 countries across Europe and Latin America, connecting startups with investors and mentors.
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