One Way Ventures Q2-2023 Newsletter
Q2-23 investment note.
Hi friends,
We hope you’re having a warm and refreshing summer. As we reflect on the exciting developments of the past quarter, we are thrilled to share details about our new investment in Odyssey Spaceworks along with some noteworthy highlights from our current portfolio companies.
We're particularly pleased to share that a collective of 347 open positions in our portfolio are now live on our jobs board, indicating a positive trend from last year. Additionally, we launched our branding refresh which you can check out on our new website.
New Investments in Q2
Odyssey Spaceworks | Frontier Tech
Odyssey Spaceworks builds miniaturized automated R&D labs in low earth orbit that are accessible over the internet in real-time, allowing pharma and academic researchers to engineer biological systems and make discoveries otherwise impossible on Earth, at a fraction of the cost of human-run bio experiments on the space station.
Shishir Bankapur, CEO of Odyssey and an immigrant from India, previously founded Clarke.ai and also led engineering at Backstage. Jessica Snyder, co-founder and Head of Science at Odyssey, holds a Ph.D. from Drexel University and was formerly a scientist at NASA.
We were particularly excited about this opportunity because, within less than a year, the founders put together a strong 7 person team of experienced engineers, built their first 2 microsat labs, and are slotted for an October SpaceX launch for their first two paying customers.
Portfolio Highlights
🚛 Nuvocargo, Bumps Valuation To $250 Million, Snags New Funds To Expand U.S.-Mexico Shipping Efforts [Forbes]
📘 Preply, Ukrainian Founded language-learning startup, raised $70M Series C to Supercharge Language Tutors with AI [GlobalNewsWire]
🏦 Onyx Private, believes affluent professionals need their own bank, so it’s building one [TechCrunch]
🤖 Instock launches modern fulfillment automation service. Check out their website here.
🛰️ Lynk Demonstrates First-Ever Two-Way Standard Phone Voice Calls by Satellite [Lynk Global]
Global News + Resources
A New Look at Immigrant’s Outsize Contribution to Innovation in the U.S.
17 Tools and Resources for Immigrants in the U.S.
Best Countries for Expats: How To Choose the Right One for You - With a Checklist
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:
HR Generalist at Easyship (📍 London, UK)
Coordinador de Compras at Humanity (📍 Guatemala City, Guatemala)
Principal Engineer at Lily AI (📍 Remote)
Head of Sales Solutions Architecture at Mighty Buildings (📍 Oakland, CA)
Want More?
Borderless Disruption is our monthly blog. Subscribe if you’re interested in topics spanning immigration, tech, and their global impact.
Hey, VCs: Here Are 3 Mistakes You’re Making In Pitch Meetings With Immigrant Founders by Semyon Dukach, Founding and Managing Partner of One Way Ventures
📚 Here’s what we’re reading 📚
Eugene: Why The Evolution of Tech Will be Based on APIs by Eric Ly, CEO of KarmaCheck
Lex: To tip or not to tip? 3 reasons why tipping has gotten so out of control by Stacey Vanek Smith at NPR
Alissa: AI Leapfrogging: How AI Will Transform “Lagging” Industries by NFX