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One Way Ventures

Venture capital firm backing immigrant founders.

One Way Ventures is a venture capital firm founded by Semyon Dukach, a Ukrainian-American immigrant and former Techstars Boston director, that invests exclusively in pre-seed and seed-stage companies where at least one founder is an immigrant. Managing partners Lex Zhao and Eugene Malobrodsky round out the leadership team. The firm's 2018 fund shows 75% of portfolio companies still active, up 2.5x on paper; notable portfolio companies include Brex, Chipper Cash, Nuvocargo, and KarmaCheck. One Way closed $31.35M toward a $60M Fund III target as of January 2026.

Overview

Firm
One Way Ventures
Headquarters
San Francisco, CA
Founded
2018
AUM
Undisclosed
Stages
Seed, Series A
Thesis
Backing immigrant and first-generation founders building high-growth technology companies.

Portfolio companies0

No linked records yet.

Partners1

Frequently asked

What is One Way Ventures?
Backing immigrant and first-generation founders building high-growth technology companies.
What stages does One Way Ventures invest at?
One Way Ventures invests at Seed, Series A.

Tags

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    One Way Ventures, founded by Semyon Dukach, invests exclusively in immigrant-founded pre-seed/seed companies; portfolio includes Brex, Chipper Cash, Nuvocargo, KarmaCheck.

    One Way Ventures: One Way Ventures — About
    Reported2026-07-20
  2. 2

    One Way Ventures has closed $31.35M toward a $60M Fund III as of January 2026; managing partners Lex Zhao and Eugene Malobrodsky.

    TechCrunch: One Way Ventures, a firm focused on immigrant founders, closes second fund
    Reported2021-01-04