Editorial Perspective
Wayra is Telefónica's global open innovation platform and CVC, with a London hub. They invest pre-Series A to Series B across IoT, AI, cybersecurity, and smart buildings—making them relevant for PropTech and ConTech founders whose products rely on connectivity, IoT sensors, or smart building infrastructure. The strategic value is access to Telefónica's enterprise client base and telecom infrastructure. Best fit for founders building IoT-enabled PropTech—smart building management, connected construction sites, environmental monitoring, or tenant connectivity solutions. Not ideal for pure software plays without a hardware or connectivity component.
Investment Profile.
Check Size
£0.3M–£1.0M
Active Fund Vintage
2024
Investment Stages
Pre-Seed, Seed
Headquarters
London, UK
Investment Strategy.
The complete funding journey. This firm focuses on stages highlighted below.
Pre-Seed
$10K–$1M
Stage Focus
Proof of concept / Prototype
Growth Elements
- →Hiring
- →Product development
- →Early validation
Seed
$500K–$3M
Stage Focus
Product-market fit
Growth Elements
- →Hiring
- →Product iteration
- →Initial traction
Series A
$5M–$15M
Stage Focus
Revenue growth & scale
Growth Elements
- →Hiring
- →Development
- →Operations
- →Branding & Marketing
Series B
$15M–$50M
Stage Focus
Growth & expansion
Growth Elements
- →Hiring
- →Market expansion
- →M&A exploration
Series C
$50M–$200M+
Stage Focus
Large-scale expansion
Growth Elements
- →International markets
- →Acquisitions
- →Scale operations
Check Size for This Fund
£0.3M–£1.0M
Typical check size across all stages. Size may vary by stage and fund vintage.
Notable Portfolio.
205 portfolio companies globally
Recent Activity.
Active London programme (2024-2025)
IoT and Smart Buildings investments
Tomas M. Krogh
Fractional Chief Commercial Officer
I specialize in taking founder-led commercial engines apart until only the parts that work are left standing. Before advising, I operated-scaling a business from zero to the FT1000 list three years running and facilitating 10 billion DKK in property transactions. I don't write polite advisory decks; I give you the exact commercial reality check you need before an investment committee does it for you.
Commercial intelligence last verified on 22 April 2026. Public deal activity sourced via Crunchbase/Dealroom.