Javier Placer took over corporate venturing and open innovation strategy at Spain-based telecommunications group Telefonica this year.
The group is looking for significant overlap between its new Open Future innovation initiative, as well as its accelerator programme, Wayra, and its fund of funds programme Amerigo, which backs venture firms, and its late stage investment programme Telefonica Ventures, where investment has been placed on hold. Placer is now heading up all four initiatives.