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Two Wayra CEE Startups Raise €278k in Funding

September 22, 2014 • DEALS

Wayra CEE held its Investor Day after its four-month program and announced its first startups to raise external funding.

Namely, OrderLord announced an investment of €200k from Slovakia-based Neulogy Ventures and Telemedi.co from Poland an angel investment of  €78k from VGP to start their regional expansion into the Romanian market.

Orderlord is a startup offering a solution for food delivery systems. It offers a solution to restaurants delivering food, with a streamlined process that restaurant operators can use to reduce delivery time, cut costs and generally improve customer satisfaction. Customers can track delivery of their meals in real-time.

Telemedi.co offers users access to Doctors and specialists at any time without restriction. This service is offered not just to private customers but also to B2B clients such as insurance companies or private medical facilities.

The Wayra CEE Academy in Prague supports another seven startups, which are developing their businesses and attracting new clients. These startup companies also introduced themselves at the meeting with investors and are waiting for external investment.

All the startups involved in this Wayra CEE startup accelerator programme are given office space in the centre of Prague and receive an investment of up to EUR 40,000. They also benefit from access to coaches and mentors, as well as opportunities to make use of the global network of Wayra Academies and thereby to address investors and business partners at a global level.

Wayra, a Telefonica initiative, is one of the largest startup accelerators in the world. It operates 14 Wayra Academies in twelve countries in Latin America and Europe. Wayra has already invested in more than 415 new companies throughout the world. On the global scale, startups from the Wayra accelerator have already received investments of more than EUR 43.6 million from external investors; Wayra itself has invested EUR 14.3 million.

Tags

CEE STARTUPS, INVESTMENTS, NEULOGY VENTURES, ORDERLORD, TELEMEDI.CO, VGP, WAYRA CEE
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