Open Future

Open Future represents Telefónica's extensive network of pre-seed startup accelerators, developed in collaboration with strategic partners across multiple regions. This initiative stands as the preeminent startup acceleration program combining global reach with strong regional presence, maintaining over 35 innovation hubs strategically positioned throughout Spain and Latin American countries including Argentina, Peru, and Costa Rica. The program's philosophy centers on meeting entrepreneurs in their native ecosystems, providing localized support while connecting them to international opportunities and resources.

Since its inception, Open Future has established itself as a cornerstone in the early-stage startup ecosystem, focusing primarily on technological innovation and digital transformation projects. The accelerator specializes in identifying promising ventures at their earliest stages, often working with founders who have developed innovative concepts but require structural support, mentorship, and initial capital to transform their ideas into viable businesses. This pre-seed focus differentiates Open Future from later-stage accelerators, allowing them to shape companies from their foundational moments.

The program offers a comprehensive acceleration framework that includes technical resources, business development guidance, and access to Telefónica's extensive corporate network. Portfolio companies benefit from specialized mentoring provided by industry experts, potential pilot opportunities with Telefónica and its partners, and customized growth roadmaps designed to address specific regional market challenges. Open Future's connection to Telefónica's broader innovation ecosystem, including Wayra (their more advanced accelerator program), creates a potential pathway for startups to secure follow-on support as they mature.

Open Future has developed particular expertise in several strategic sectors, including IoT, artificial intelligence, big data analytics, cybersecurity, and digital health solutions. The accelerator's investment thesis prioritizes startups with scalable business models that demonstrate potential for regional or global expansion. Their portfolio showcases a diverse range of companies that have successfully navigated the challenging early stages of development, with many graduates securing subsequent funding rounds and establishing significant market presence in their respective industries. Through this comprehensive approach, Open Future continues to play a vital role in nurturing entrepreneurial talent and technological advancement across the Spanish-speaking world.