Wayra, Telefónica’s accelerator programme , has revealed it’s helped raise investment of almost €30m since it was created just two years ago.
Nearly 300 startups have been through the programme, and a reported 278 of them are still in business.
Global programme
Wayra operates academies in London, Barcelona, Munich, Prague, Caracas, Lime, Bogotá and Buenos Aires.
Their London branch opened in March 2012, and has hosted many stand-out startups including goCarShare, Dattch Dating and Tank Top TV.
Dattch announced £100,000 of angel funding last week, to finance further development.
Watch an introduction to Wayra
Applications are now open for the next round of the Wayra programme.
Successful applicants will receive up to €40,000 investment in return for between 7%-10% equity during a later investment round.
Apply by the 20th October.
[button link=’http://www.wayra.org/joinus’]Apply for the Wayra programme [/button]