Australia leading the way in Quantum Sensors - and customers are excited

Nomad Atomics have landed a $10m series A round to commercialise their mvp after having raised $2m in 2020 to build it .

Born out of the ANU from atomic physicists  Kyle Hardman, Paul Wigley and Christian Freier,  have built a world-leading quantum sensor technology they makes underground mining safer.

Their technology measures the movement of the cosmos into something about the size of a shoebox

The Nomad sensor can create a detailed and accurate map of the deep underground while its user stands at the Earth’s surface. For underground mining, then, Nomad provides an absolute source of truth for the potential difficulty of a mine, and supports safe underground mining and operations, with accuracy and ease that is currently inaccessible.

It is no wonder that  have some super-eager early customers. 🛠️

Opportunities are not just in critical minerals mining, but in monitoring of CO2 sequestration and aquifers, to environmental monitoring, and beyond.  

The value of Strategic Partnerships - Joyned and NexusTours

Very often , strategic partnerships are more valuable than venture capital!

There is no dilution in your existing business , and there is shared profit/revenue on business that you do together! 

Often a win win win at its finest! 

A win for each other party and more important a win for the customer! 

An example of a strategic partnership at its finest 

Israeli startup Joyned - an innovative social booking technology will be used across  NexusTours online platforms. (serving the Caribbean, Central America, and North America.)

This strategic partnership will enhance the travel experience for users in 20 countries across these regions. The technology enables people to invite friends and family to the NexusTours websites, and collaborate in a private, on-site platform to discuss and book group trips.

A win for the customer 

Joyned’s technology  transforms the reservation process for Friends & Family (F&F) travelers, resulting in significantly higher conversion rates and an enhanced user experience for businesses utilizing the Joyned Booking system.

Jonathan Abraham, CEO of Joyned, said: “”we look forward to working closely together in future to provide the best experience possible to customers. “

A win for Nexus Tours 

Joyned Booking will shorten the decisions and debates of customers in real-time, while F&F travelers explore NexusTours’ site offering which includes a choice of trips to 58 different destinations.

Rubén Gutiérrez, President of NexusTours, enthused: “Through the utilization of Joyned’s booking technology, we’re not only able to enhance the customer experience, but also maintain a competitive edge in our industry. So far, we have seen an impressive 20% increase in conversion rate among customers 

A win for Joyned 

Their technology is being deployed and enhanced that can hopefully make it ubiquitous for the travel industry 

Kevin O’Hara, thanks for the heads up boet! 

OIf Venture fund to raise $75m to back ARR 10m plus companies

OIF team members David Shein, Jerry Stesel, Laurence Schwartz ,Geoff Levy, Isabella Rich,, David Cohen, Oliver Darwin , Anna Isipov and Keren Dorfan.

Founders from Go1, Instaclustr have backed OIF Ventures in their $75m raise for another opportunity fund.

This fund  is focussed on investing in  technology businesses that have more than $10 million in annual recurring revenue (ARR).

OIF investments include Go1 and Advanced Navigation - 

It’s previous funds have returned more than 3x to investors in cash, net of all fees, 

with eight major portfolio companies remaining including Go1, Advanced Navigation, Kasada, and Enboarder, 

In 2022 their exit from interclustr gave a  20x return, and in 2021 exited XM Cyber, EFTsure and 50 per cent of Assignar.

Other OIF investments include 

• funeral industry disruptor Bare, 
• online bridging loan fintech Bridgit, 
• legal tech software provider Josef, and 
• large-scale construction program dashboard Mastt. 

About OIf 

The mission at OIF is simple: to partner with exceptional founders, add material value to them and their businesses and to do our best to help them succeed. If they succeed, so too will our investors. 

  

They have high-conviction in the power of the founders and they back to build generational teams and businesses that set the standard globally and they strive  to be their partner of choice – 

  

As long-term partners and investors, they are  confident that exceptional founders will continue to launch exceptional businesses and that OIF Ventures will be in their corner every step of the way.