Wayra Hispam

Agustín Rotondo serves as Managing Director for the Hispam region, based in Bogotá. He manages local deal teams, hub operations, and portfolio oversight. The global Wayra CEO is Andrés Saborido, who shapes investment strategy and corporate alignment with Telefónica.

Wayra Hispam uses open calls, startup competitions, and direct outreach through its five regional hubs. Its connection to Telefónica provides a unique sourcing channel — entrepreneurs building enterprise tech, mobility, or connectivity solutions often seek the commercial validation of a telecom partner.

Neither. It is a corporate venture capital unit wholly owned by Telefónica S.A., the Spanish multinational telecommunications company. It uses Telefónica's balance sheet rather than third-party limited partner commitments.

Wayra Hispam engages in direct equity investments at the seed and early stages. The firm does not publicly report making fund-of-fund commitments, acting instead as a direct operator of acceleration and minority-investing activities.

Pre-seed, seed, and early startup stages. The firm seeks minority equity stakes in companies that can benefit from a commercial relationship with Telefónica, with typical first checks sized for acceleration-style backing.

Wayra is Telefónica's global open innovation and corporate venture program, and the Hispam region is its Spanish-speaking Latin American unit. It is an integrated subsidiary, not a spinout, with investments funded from Telefónica's corporate treasury.

Telefónica runs Fundación Telefónica, a social and educational foundation, separately from Wayra's venture operations. Wayra Hispam's investment activity is commercial and strategic, not philanthropic.