Vantage | October 2023

Vertex Portfolio News

Here are the latest updates on our portfolio companies across the Vertex network. Stay connected by signing up for our monthly newsletter here.

• MatchMade (SEAI) raised USD 1.5M led by VVSEAI to revolutionize ledger management solutions

• ScyllaDB (IL) raised USD 43M to take on MongoDB at scale, push database performance to new levels and scale its NoSQL database platform

  
  
  

• Ambi Robotics (US) expanded partnership with Pitney Bowes to automate middle-mile sorting
• AnHeart Therapeutics (CN) partnered with Nippon Kayaku in exclusive license agreement for Taletrectinib in Japan
• Chamlion (CN) partnered with GPAINNOVA to accelerate the digitization of Dental Industry
• ElevateBio (HC) partnered with Kyverna Therapeutics to incorporate the innovative Ingenui-T platform into ElevateBIo BaseCamp to further advance CAR-T therapies
• Nium (SEAI & Growth) partnered Internation Cricket Council (ICC) to unveil spectacular events at ICC Men's Cricket World Cup 2023 held in India
• Signzy (SEAI) parterned with Trust Your Supplier to revolutionize AI powered digital onboarding and identity verification

• 17LIVE (SEAI & Growth) achieved USD13m in operating profit in 1H23, up from USD1.1m in 1H22
• 17LIVE (SEAI & Growth) to become first SPAC merger with Vertex
• Ace Turtle (SEAI & Growth) launched Wrangler’s First Flagship Store in Bengaluru, India
• Boundless Bio (HC) appointed new board members and established Clinical Advisory Board
• Codefresh (IL) unveiled a new way to manage application changes across environments using GitOps, AI, and Argo
• Evisort (US) created first LLM for contracts and launched new AI engine
• Horizon Robotics (CN & Growth) contributed to AI Chip Market as major key player in distributed temperature sensing (DTS) market
• LeaseLock (US) surpassed USD 9B in insured leases, on pace to surpass USD 10B in leases insured by the end of 2023
• Lele Cha (CN) CEO announced preparations for further franchise expansion (Article in CN)
• Licious (SEAI & Growth) reduced its losses & increases revenue in FY23
• Nium (SEAI & Growth) launched Global FX enhancement to solve transparency challenges of global money movement and mitigate currency fluctuation risk.
• Nium (SEAI & Growth) expanded B2B travel payments offering in Asia Pacific
• NEIWAI (CN) opened its first overseas store and first store in North America in Singapore and the United States within three months (Article in CN)
• OwnBackup (IL) rebranded to Own Company and launched Discover SaaS data analyzer

• Evisort (US) named one of ‘50 Providers to Watch’ by Spend Matters for third consecutive year
• Evisort (US) named a Visionary in 2023 Gartner® Magic Quadrant™ for Contract Life Cycle Management
• Geek+ (CN & Growth) recognized for leading market share ranking for order fulfillment mobile robots worldwide
• Kona Medical (HC) recognized as leading players in Treatment-Resistant Hypertensions Management Market
• Nium (SEAI & Growth) featured among World’s Top 100 Fintech of 2023
• Signzy (SEAI) featured in 2023 CB Insights' Fintech 100 List
• Taranis (IL & Growth) recognized among innovative startups who impact agricultural data space
• Yotpo (IL) recognized as key players in User Generated Content Platform Market that will reach USD 71.3B by 2032

Vertex in the News

Here’s a recap of the notable media mentions and thought leadership articles from the Partners across our Vertex network.

VANTAGE - Nov'23 | Partners’ Notable Mentions

Read the full articles below:

• Carmen Yuen on how Singapore’s ecosystem flourished
• Liu Tianran on balancing work and life (Article in CN)
• Yuan Jianwei on the importance of due diligence in early-stage investments (Article in CN)

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