One Way Ventures Newsletter
One Way Ventures Newsletter
2022 in review.
Hi friends of One Way,
We capped off 2022 with a number of exciting investments, brought our community together in Boston and San Francisco, and hosted an aerospace panel with portfolio companies in Switzerland. We expect 2023 to be even more active!
In aggregate, our Fund I portfolio companies raised over $300M in follow-on funding in 2022 and are now valued at well over $2B.
We also added 7 startups to our Fund II portfolio in 2022. They are Instock, Quantivly, Provision, Axle, Ezpapel, Qashio, and an unannounced company.
In 2023, we are continuing to write $500k - $1.5M pre-seed and seed checks in logistics, fintech, digital health, and deeptech companies. As always, please refer exceptional immigrant founders to us!
~ The One Way Team
Events and Happenings
CashForRefugees (the non-profit our Managing Partner, Semyon Dukach, co-founded that has helped over 30,000 refugees from the war in Ukraine) is hosting Steven Pinker at MIT on February 22, who will be speaking about “Why Ukraine Matters”.
🎟️ Details and tickets are here.
New Investments in Q4
Qashio
Qashio is a comprehensive enterprise spend management platform for businesses to manage expenses and payments with software-enabled corporate cards and all-inclusive accounts payable automation. The company was founded by Swedish immigrant and ex-Oracle/Delivery Hero, Armin Moradin and Chinese immigrant, Jonathan Lau.
We were impressed by the team’s deep network in the MENA region, their first-hand experience with this problem, and their track record of founding and growing startups. We knew that enterprise spend management is years behind in the MENA region and knew from our experience with Brex that there is a tremendous opportunity for a localized solution. There’s no better team to capture this market than Jonathan and Armin.
Stealth Biotech Startup
An exciting biotech company developing allogeneic cellular immunotherapies for cancer using natural killer cells.
Even though we don’t typically make biotech investments, our strong relationship with the CEO and his passion for our immigrant founders mission, allowed us to consider an exception. As we got to know this world-class team, we were offered the chance to invest alongside a number of leading biotech investors and took the opportunity.
Portfolio Highlights
🦄 Ham Serunjogi of Chipper Cash, Deepak Chhugani of Nuvocargo, and Cassandra Aaron of Archie all made the Forbes 30 Under 30 in their respective categories. And, Ksenia Yudina of UNest made Fortune’s 40 Under 40 list which highlights big names to watch in the year ahead.
🏗️ Billdr grew revenues by over 500% and released their Billdr Pro SaaS solution for contractors.
🛰 Lynk caught a ride on the SpaceX Transporter-6 Mission, launching their 2nd and 3rd commercial cell towers in space. [Lynk.world]
🛞 Helm.ai snagged $31M to scale its ‘unsupervised’ autonomous driving software. [TechCrunch]
🩻 Quantivly made major announcements at RSNA on their digital twin vision and started supporting both scheduling system (RIS/HL7) and CT scanner data.
🏠 Welcome Homes raised a $29M Series A to offer people a simple and efficient way to design and build their new homes online. [TechCrunch]
Global News + Resources
Expand Your Startup in the U.S. With the L-1 Work Visa: Learn how to open a new office in the U.S. and transfer your existing employees from your home country to the U.S. with an L-1 work visa.
U.S. Permanent Residency Options for Work Visa Holder: Overview Of Your Path To A U.S. Green Card.
Start your U.S. company from anywhere in the world: Learn how to create a company in the U.S. and understand the basic compliance and taxes associated with it while navigating U.S. immigration.
Featured Jobs
Interested in working for a venture-backed startup? Explore some of our handpicked selections below or visit our careers page to learn more:
Lab Technician at Mighty Buildings. [Oakland, CA]
Principal Product Designer at Preply. [Barcelona, Spain]
Business Associate at Nuvocargo. [United States, multiple openings]
Machine Learning Ops at Helm.Ai. [Remote and Hybrid]
Senior 3D Generalist at DressX. [Remote]
Borderless Disruption
Borderless Disruption is our monthly blog. Read here and subscribe if you’re interested in topics spanning immigration, tech, and their global impact.
Read our most recent publications, by Leo Arango, on “Latinx Representation Across the VC Ecosystem”, Semyon Dukach’s interview on Neil DeGrasse Tyson’s Podcast, “Quantitative Thinking and Immigrant Success” and seperately, his thoughts on “Explosive High Precision Impact Investing”.
