The seventh edition of Venture On The Road is reaching the end of its tour across Spain in search of the best early-stage startups. The traveling event is organized by BStartup, the financial service for startups and scaleups of Banco Sabadell, SeedRocket, and Wayra, Telefónica's corporate venture capital arm. It also has the collaboration of Google for Startups. The final stop of this edition will be in Vigo on May 9th at the Palacio de la Oliva, as part of The Way Startup Summit 2024, which brings together around 2,000 attendees each year, including investors, startups, and institutions. Startups wishing to register for the event can do so until April 29th on the Venture On The Road website. The program, for another year, maintains its format and objectives: to seek out the best investment opportunities in each region and give early-stage startups the chance to present their projects to investors and build a high-quality professional network. To achieve this, Venture on the Road always relies on the experience and knowledge of the local ecosystem. This year, Venture on the Road Vigo is collaborating with local partners such as Xesgalicia and Startup Galicia. The winning startup of Venture on the Road in Vigo will have a guaranteed spot in the national grand final, which will be held on May 28th at Wayra Madrid. They will also be able to join Google Cloud's digital natives program, receiving up to $2,000 in credits valid for 9 months and direct technical support from Google Cloud engineers. In addition, they will be given free access to technical and business consulting sessions, along with priority access to advanced Google Cloud Platform training. Furthermore, each of the winning startups from each city will have the opportunity to attend the next Entrepreneur Campus (32nd edition), scheduled for November 2024. During this 7th edition, the traveling event, Venture on the Road, has visited a total of six Spanish cities to locate talent and promising startups at a regional level beyond Madrid and Barcelona, the two leading technology hubs in Spain. Specifically, the event has already visited León, Elche, Palma de Mallorca, and San Sebastián, before its final stop in Vigo, prior to the grand finale.
About Wayra
Wayra is Telefónica's Corporate Venture Capital arm, through which it invests in startups with the potential to bring innovation to Telefónica and provides innovation services to third parties, helping them take their open innovation initiatives to the next level.
With a global presence, it has seven hubs in Europe (Spain - Madrid and Barcelona -, the United Kingdom, and Germany) and Latin America (Brazil, Argentina, and Colombia), and teams operating in nine countries. Through its funds, it also has a presence in Silicon Valley and Israel. Since its creation more than 15 years ago, Wayra has invested €233 million in over 1,100 startups and currently has over 530 startups in its portfolio, of which over 190 work with Telefónica. We also have a network of more than 140 partners and clients, and two innovation platforms (Alaian and Open Future) open to third parties. More information is available at www.wayra.es. About BStartup: Banco Sabadell's BStartup is the pioneering financial service in Spanish banking for startups and scaleups, providing them with specialized banking and equity investment. It offers startups and the entrepreneurial ecosystem specialized banking services, including access to managers specializing in startups, specific financial products, and its own risk management system. Its equity investment targets early-stage digital and technology companies with strong growth potential and scalable, innovative business models. Additionally, it can make follow-on investments in its portfolio startups through Sabadell Venture Capital. BStartup has over 4,500 startups among its clients and has invested in more than 90 startups.
About SeedRocket
SeedRocket is an innovative private initiative for entrepreneurs with technology-based projects, founded in 2008. It provides training, funding, and a network to boost the development of their startups, as well as a shared workspace in its startup accelerators in Barcelona and Madrid. A key feature of SeedRocket is that it is a non-profit organization and does not take equity in the startups it supports.