Vantage | March 2022

Here are the latest updates on the portfolio companies across the Vertex network. Get connected with us today – sign up for our monthly newsletter here.

Investments

• AIForceTech (CN) raised a RMB 100M in Series A+
• Amplication (IL) raised a USD 6.6M in seed round
• Aporia (IL) closed a USD 25M Series A
• Hasura (US) closed a USD 136.5M in Series C, bringing the company’s valuation to USB 1B
• Indapta Therapeutics (HC) raised a USD 50M Series A
• Licious (SEAI & Growth) raised fresh funds
• Proactive for Her (SEAI) closed a USD 5.5M in Series A
• UWinTech (CN) closed a USD 28.4M Series C
• Vee (IL) closed a USD 12M seed round

Partnerships

• Geek+ (CN & Growth) partnered with CJ Logistics in Korea, to deploy more than 100 AMR robots in Dongtan and Gunpo and Korber to deploy their AMR robots for Ariat International
• Hotelogix (SEAI) teamed up with UAE based Lotus Hotels and Apartments to incorporate cloud hotel PMS
• Nium (SEAI & Growth) collaborated with FINCI to enhance international payment services and Eccommpay to extend payout dffering to new verticals and global markets
• Virta (Growth) partnered with the Automobile and Touring Club of Finland to build a nation-wide EV charging network

Growth

• Ayu Health (SEAI) acquired Jaipur-based SwasthyaSewak
• Boundless Bio (HC) appointed Klaus Wagner as the Chief Medical officer
• Cymulate (IL & Growth) announced the launch of Amplify to help companies close critical security blind spots
• Harbour Biomed (CN) B7-H4/4-1BB bispecific antibody was approved for clinical use in Australia
• Indapta Therepeutics (HC) appointed Mark W. Frohlich, M.D., as Chief Executive Officer
• Kryon (IL) joined hands with Nintex
• KuKuFM (SEAI) subscribers base crossed over 500,000 active paid subscribers
• Licious (SEAI & Growth) appointed Vidyanand Krishnan as Chief Customer Officer & Meeta Aggarwal as CFO
• Nium (SEAI & Growth) announced USD 2B valuation after the latest fundraising round
• Palleon Pharmaceuticals (HC) announced IND clearance for its first in class immunotherapy leveraging glyco-immunology
• RecBio (CN) was granted orphan drug designation from the FDA for the treatment of hepatocellular carcinoma
• Sayata (IL) appointed Maayan Sanderovitz Eshed as its new VP of Operations in Tel Aviv and Upasana Unni as Chief Commercial Officer in Boston

• Yotpo (IL) appointed former Twitter Australia MD, Suzy Nicoletti, as its Sydney-based Vice President and General Manager of the JAPAC region

  
  

Recognition

• Ayu Health (SEAI) CEO shared insights about the company and their future plans
• DataRails (IL) won 2022 Best Places to Work Awards
• Janice Wong (SEAI) featured as one of Asia's most unique chefs by The Creators
• Licious (SEAI & Growth) CRO shared their startup journey and the unique business model
• Pace (SEAI) co-founder and CEO spoke on the future of finance in Asia Pacific
• PerimeterX (US & Growth) founder and CTO shared the need to prioritize readiness and compliance for the California Privacy Rights Act (CPRA) in Forbes
• Speedoc (SEAI) co-founder shared how their telemedicine services helped to shift the healthcare paradigm during the pandemic
• Taranis (IL & Growth) CEO shared how they empowered farmers to make more sustainable decisions
• Testlio (US) named as one of the 10 startups from Estonia taking on the world in 2022