Nakatomi raises $3.5m for alternative venture-building platform
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The news: Sydney-based group Nakatomi has raised $3.5 million to accelerate its alternative venture-building model.
The numbers: Backed by founders from Leonardo.ai, Gannet Capital, Scalare Partners, Booking.com and private equity veteran Les Fallick, Nakatomi aims to launch three to four ventures per year.
The context: Nakatomi's model provides an alternative approach for founders to launch new ventures. The group collaborates with founders, corporates, and brands to build and launch new products, platforms, and ventures from concept to completion.
Nakatomi's team provides in-house design, engineering, and commercial strategy expertise, using a workshop to build and test prototypes quickly and inexpensively.
Nakatomi has already built and launched several successful startups, including Australia’s first women’s health AI partner, Ovum, which recently raised $1.7 million.
What they said: “We provide new ventures with an expert team from day one so they can go further, faster than they could on their own,” said founding partner Ben Bray.
“We’ve always fought against ‘best practice’ because it limits you from finding a better way. Our approach reflects this belief. The innovation landscape is being shaken up by big changes like AI, and business leaders need better support to create ventures and ensure they gain the traction they deserve.”
The source: Nakatomi media release
