Vantage | January 2021

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.

Growth

• Huayu (CN) launched The Shaanxi Education Informatization 2.0 platform (article in Chinese)
• NIUM (SEAI & Growth) and Cebuana Lhuillier launched Quikz in Singapore to expand remittance capabilities for filipino users
• Desktop Metal (US) expanded production system lineup with new printer
• OwnBackup (IL) welcomed Brett Waters as their first Vice President of Sales for Australia and New Zealand
• Palleon Pharmaceuticals (HC) appointed Deepa Pakianathan to their Board of Directors

Investments

• Dexter (CN) raised Series B round
• Horizon Robotics (CN) raised USD 150M 
• Innoviz Technologies (IL) announced plans to go public with USD 1.4B SPAC deal
• Signzy (SEAI) raised an additional USD 3M
• Trigo Vision (IL) raised USD 60M Series B round
• Very Good Security (US) raised USD 60M Series C round

Partnership

• Bicycle Therapeutics (HC & Growth) announced partnership with Cancer Research UK
• Cylus (IL) partnered Alstom to combine strengths and provide best-in-class rail market cybersecurity solutions
• Geek+ (CN & Growth) partnered UISEE to integrate indoor and outdoor smart logistics (article in Chinese)
• NIUM (SEAI & Growth) partnered Ripple and 2C2P to expand remittance offerings
• Pintec (CN) partnered Aspire Holdings to develop fintech solutions
• Dynamic Yield (IL) partnered Portaltech Reply to launch personalization suite to SAP Commerce sites, partnered Optimove to combine multichannel orchestration with real-time personalization

Recognition

• Cymulate (IL & Growth) Co-founder & CTO shared 4 reasons to retain the human factor in automated security testing
• Ivantis (HC) recognized for innovation, excellence and company culture
• Julive (CN) listed on 36Kr WISE2020 new economy list, CEO recognised as "China's New Growth Pioneer" in the chinese version of Harvard Business Review (article in Chinese)
• Glowroad (SEAI) CEO shares how their company is empowering women to be financially independent 
• Nucleai (IL) CEO shares their plans to become a leader in precision medicine (article in Chinese)