Telefonica Ventures

Corporate

Corporate venture arm of Telefonica, a major Spanish telecommunications company. Invests in technology companies across mobile, cloud, and connectivity.

Profile

Headquarters
Madrid, Spain
Investments
1
Companies
1

Capital

Total Deployed
$80M
Lead Rounds
0

Portfolio

1 company
Cyngn $110M
Public Mountain View, United States

Cyngn develops AI-powered autonomous vehicle technology for industrial and commercial applications. The company's DriveMod platform enables autonomous tuggers and forklifts for warehouses and manufacturing facilities, addressing labor shortages without requiring special infrastructure. Originally founded as Cyanogen Inc. to commercialize the CyanogenMod Android OS, the company pivoted to autonomous vehicles in 2017.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.