Vantage | July 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.

• Alt (Growth) acquired Japan’s No.2 human transcription business operated by IP Partners (Article in JP)

• Elevation Oncology (HC) announced pricing of USD 50M public offering

  
  
  

• Geek+ (CN & Growth) partnered with Conveyor Logistics to bring advanced warehouse automation technology to Australia
• Hasura (US) partnered with Snowflake to enable faster app development with instant GraphQL data APIs
• Hotelogix (SEAI) partnered with BookingWhizz to supercharge hotel revenue; and with KIoT to deliver IoT-based solutions to hotels
• Licious (SEAI & Growth) partnered with Recykal to achieve plastic neutrality
• Nucleai (IL) announced a strategic collaboration with Mayo Clinic BioPharma Diagnostics to transform digital pathology for drug Development and clinical Practice; partnered with Adlai Nortye Partner to identify and validate novel spatial biomarkers across Adlai Clinical Trials
• SemiDrive (CN) partnered with automotive OS developer Arraymo

• Axonius (IL) announced updates to their software to provide ‘comprehensive’ visibility and security
• Alt (Growth) launched new features to its AI GIJIROKU include a “Personal Agent” which automatically generates summaries across multiple meetings (Article in JP)
• Ambi Robotics (US) unveiled AmbiSort B-Series, the most configurable high-speed parcel sorting system
• Axonius (IL) appointed Ismet Geri as EMEA Leader to further expand its international footprint
• Ace Turtle (SEAI & Growth) appointed Ervin Lim as Chief Strategy Officer and Christian Westphal as Creative Director
• Binhui Biotech (CN) announced U.S. FDA clearance of its oncolytic virus drug candidate BS001 (OH2)
• Changba (CN) unveiled VR camera “Calf” and bundled VR software
• Cymulate (IL & Growth) announced the launch Cymulate Exposure Analytics, a groundbreaking solution that revolutionizes continuous threat exposure management (CTEM)
• Geek+ (CN & Growth) announced the automation of a highly advanced BMW-producing factory in China 
• Hasura (US) launched the industry’s first Data Delivery Network (DDN)
• Harbour BioMed (CN) announced that the National Medical Products Administration (NMPA) of China has accepted the Biologics License Application (BLA) of batoclimab (HBM9161) for the treatment of generalized myasthenia gravis
• LeaseLock (US) named Janine Steiner Jovanovic as CEO
• Lelecha (CN) announced opening of 30 new stores across 11 cities (Article in CN)
• Palleon Pharmaceuticals (HC) announced first patient dosed with E-602 in combination with Cemiplimab in GLIMMER-01 Phase 1/2 Clinical Trial
• SonoThera (HC) appointed Carolyne Zimmermann as Chief Business Officer

• Aporia (IL) award 2023 Technology Pioneer by World Economic Forum
• Changba (CN) listed on China BaoGao’s 2023 Top 10 KTV Brand Ranking Chart
• Human (US & Growth) named to TIME’s List of The TIME100 Most Influential Companies for 2023
• iOranges (CN) nominated as candidate for China's Industrial Automation and Digitalization Industry Most Valuable Enterprise Award
• Nium (SEAI & Growth) named in the 2023 Forbes Fintech 50

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 - Jul'23 | Partners’ Notable Mentions

Read the full articles below:

• Insik Rhee on what digital transformation means for startups
• Chua Kee Lock on the state of ASEAN’s funding winter
• Carmen Yuen on Southeast Asia tech M&A performance
• Christine Brennan on Vertex Ventures HC’s USD200M new fund

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