Vantage | May 2022

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.

• Ayu Health (SEAI) raised a USD 27M Series B
• Binhui Biotech (CN) closed a nearly USD 47M in Series B+
• Experify (US) raised a USD 4M seed round
• SmartX (CN) closed a USD 30M Series D
• TheAsianParent (SEAI) raised a USD 22M Series D
• Unitree (CN) raised over USD 15M in Series B

• BrokerBuddha (US) partnered with SiriusPoint to simplify complex insurance solutions
• Datos Health (IL) collaborated with Amgen on a new study to evaluate the potential impact of digital health data to improve therapy in heart failure
• Geek+ (CN & Growth) teamed up with Life365 to implement first moving solutions project in Italy
• GitPod (US) partnered with JetBrains to integrate JetBrains’s IDEs with GitPod’s cloud-based developer environment
• Harbour BioMed (CN) collaborated with AstraZeneca to sign Global Out-License Agreement for CLDN18.2xCD3 Bispecific Antibody HBM 7022
• Horizon Robotics (CN & Growth) partnered with BYD to provide its “Journey 5” chip for autonomous driving and established a JV with leading OS developer Thundersoft for intelligent driving
• Pace (SEAI) collaborated with Shangri-La to offer BNPL payments across its hotels in Malaysia
• Virta (Growth) teamed up with Tetris Energy to accelerate their unique offerings in Australian electric vehicle charging market

• Active.AI (SEAI) acquired by GupShup, a global leader in conversational engagement
• Axonius (IL) secured certification from the National Information Assurance Partnership for meeting the common criteria international security standard
• Desktop Metal (USA) introduced Robotic AM 2.0 Digital Casting System, Robotic Additive Manufacturing, and a new affordable Exone S-Max Flex 3D Printer
• Glowroad (SEAI) acquired by Amazon India to accelerate entrepreneurship across India
• Kapiva (SEAI) expanded US and UAE operations
• Nium (SEAI & Growth) acquired SoCash - a platform for turning cash into digital payments, added crypto payment acceptance to suite of embedded crypto services for global businesses and unveiled plans to spend USD 20-400M to drive European expansion
• OMO Finance (SEAI) achieves ISO 27001 certification as part of its step towards attaining a full crypto exchange license
• PerimeterX (US & Growth) Code Defender extends capability to stop supply chain attacks
• Proactive for Her (SEAI) launched their first flagship offline clinic in Bengaluru
• SemiDrive Technology (CN) releases E3 Series Automotive Microcontrollers
• TheAsianParent (SEAI) acquired Vietnamese childcare platform, Webtretho
• Tickled Media (SEAI) acquired Vietnamese brand Mama’s Choice to expand into Vietnam’s market.
• Tulip (US) unveiled their first Lumigo Experience Centre

• Virta (Growth) expanded into Southeast Asia and Australia with new regional headquarters located in Singapore

  
  

• Coinomo (SEAI) CEO shared her thoughts on demystifying cryptocurrency
• Dedoco (SEAI) Founder recognized on Fintech Magazine as one of the Top 100 Female Founders in Fintech List
• Elevation Oncology (HC) announced Initial Data from Phase 2 CRESTONE Study of Seribantumab and selected for Oral Presentation at American Society of Clinical Oncology (ASCO) 2022
• Lumigo (US) CTO shared more about the tech landscape of Israel and recognized as one of the Soonicorns on Traxcn
• Nium (SEAI) ranked 35th on Financial Times’ Top 500 High-Growth APAC Companies
• Obsidian Therapeutics (HC) presented Preclinical Data from cytoTIL15™ Program at the American Associate of Cancer Research (AACR) Annual Meeting 2022
• PerimeterX (US & Growth) named a leader in bot management by Forester Research and recognized as one of the Soonicorns on Traxcn
• Proactive for Her (SEAI) is featured in YourStory’s curated list of 8 Femtech and healthtech startups in India
• SCB Abacus (SEAI) Founder and CEO shared her thoughts on making financial services more accessible to Thais (Video in TH)
• Vee (IL) CEO shared how their company connects organizations with non-profits looking to give back to society

Vertex in the News

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

Read the full articles below:

• Chua Kee Lock on startup funding shifting towards early-stage deals in Asia
• Ben Mathias on Gupshup acquiring Active.Ai
• Domenic Perri on when to hire your first partnerships leader
• Insik Rhee on investing in Experify
• Jonathan Heiliger on building a good developer team
• Liu Gen Ping on how DAO could be the future of work
• Xia Zhijin on Tencent investing in Battery (Article in CN)
• Yuan Jianwei on assisted reproductive technology in China (Article in CN)

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