By Daniel Hunter
A further three UK start-up companies have been invited to join the London Wayra Academy this month after winning a competition to get seed funding, free office space, advice and support at the O2/Telefónica funded tech accelerator situated in Central London, just off Tottenham Court Road.
The space now houses 19 start-up businesses in total, across a broad range of tech industries ranging from education to security and dating to decisions. One place still remains at Wayra UK, which will be used to host an international start-up from one of the 11 other Wayra Academies across Europe and Latin America.
“We are really excited to welcome three new teams to our global accelerator. They will add further impetus to the start-up eco-system we are building within Wayra,” Ashley Stockwell, Guest Academy Director said.
“We can’t wait to welcome an international start-up from our global network of Wayra academies very soon.”
The three latest additions to the London Wayra family are:
- BuddyBounce: A platform that rewards fans for their passion and support and allow idols to transform casual fans into loyal fans.
- Sustaination: A dating site for food enterprises, mapping food-webs to give the same data-driven advantage of big business to the rest of the market.
- Platter: Platter turns home cooks’ photos into democratic food media. Their mission? To be the place you go to decide what to eat and where to get.
The new entrants will receive up to £40,000 in investment, while Wayra takes a 10% stake in each business. Wayra UK has also announced that it will be extending the programme for all its UK start-ups until the end of March 2013.
Wayra is an initiative of O2 and Telefónica whose main objective is to promote innovation and help the detection of new talent in Latin America and Europe in the field of Internet and Information and Communication Technologies (ICT). By its Global Project Acceleration Model, Wayra supports entrepreneurs in their development by providing them with technology, qualified mentoring, a pioneering work space and funding in order to accelerate their growth.
Operating in 11 countries (Argentina, Brazil, Chile, Colombia, Spain, Mexico, Peru, United Kingdom, Germany, Ireland and Venezuela) Wayra has received over six thousand proposals for new tech and digital business, becoming the largest platform for identifying technological talent in the ICT world. Wayra academies in Bogotá, Mexico City, Buenos Aires, Madrid, Barcelona and Caracas currently lodge and accelerate more than eighty promising startups.
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