Tech accelerator Wayra has chosen 17 start-ups, ranging from cloud-based ticketing platforms to social apps and healthcare software, to enter its academy.

Each will receive up to €40,000 ($52,381) in funding and stand the chance of Telefónica taking a minority shareholding of 5-10%.

Winners will also receive access to a central London work space rent free and be given mentoring advice from business executives, legal and financial advisers and angel investors.

A total of 30 finalists were chosen from 3,444…

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