Vantage | October 2022 | Vertex Holdings

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.

Cymulate (IL & Growth) raised a USD 70M Series D round
Dao Tong (CN) closed its pre-series A+ financing round (Article in CN)
Horizon Robotics (CN & Growth) received strategic investment from Chery Automobile
Joonko (IL) closed a USD25M Series B round
Kuku FM (SEAI) raised a USD 21.8M Series B round
Signzy (SEAI) closed a USD 26M Series B round
StoreHub (SEAI) raised a USD 13.5M Pre-Series B round
Taranis (IL & Growth) raised a USD40M Series D round
Tortoise (SEAI) completed a new funding round

Active.ai (SEAI) partnered with LEVERAGE to enhance communication methods through personalized conversational experience
Ace Turtle (SEAI) collaborated with Wildcraft to strengthen its e-commerce business
Cylus (IL & Growth) teamed up with HaslerRail on railway cybersecurity solution
Desktop Metal (US) partnered with Keystone to deliver high performance dentistry solutions
Geek+ (CN & Growth) picking robots were chosen by OEG, a German HVAC Systems Specialist to scale its warehouse operations
NeoX Biotech (CN) teamed up with WuXi Biologics to accelerate the development of AI enabled macromolecular drugs (Article in CN)
Trigo Vision (IL) partnered with Israel's largest supermarket chain Shufersal to open first check-out free store in Tel Aviv

China Immunotech (CN) obtained tacit clinical approval for its first dual-target STAR-T product (Article in CN)
Dailybox (SEAI & Growth) launched KISARASA – a docu-series featuring local Indonesian delicacies as well as local culinary heroes and their stories
Desktop Metal (US) qualified nickel alloy Inconel 625 (IN625) qualified on the Shop System
Guesty (IL) acquired Kigo, HiRUM, Yieldplanet and launched Guesty Distribution Hub
Harbour BioMed (CN) announced 2022 interim results showcasing strong growth momentum
NIUM (SEAI & Growth) launched new digital remittance offering in Japan with Travelex
PlayNitride (CN & Growth) began microLED panels trial use sampling with potential clients
Semidrive (CN) began supplying millions of chips to Chinese battery giant CATL
X-times (CN) launched the first self-developed intelligent layout planning tool - AmazeFP (Article in CN)

Crowdvocate (IL) listed as one of the 19 most promising AdTech startups in 2022
ChattyBao (SEAI) CEO & Co-founder shared insights on how ChattyBao is able to address the painpoints faced by shoppers in India
Kissht (SEAI & Growth) Co-founders shared insights on opportunities in India lending market and how non-traditional data points can be leveraged for competitive advantage
Licious (SEAI & Growth) Co-founder shared insights on the startup's growth and the next steps ahead
Nium (SEAI & Growth) Co-founder shared how the startup overcame COVID’s struggles to be a unicorn
Pace (SEAI) ranked 5th on LinkedIn Top Singapore Startups 2022
PatSnap (SEAI & Growth) Co-founder & CEO shared his thoughts in Vertex Ventures SEA & India's "Hard Questions" series
SemiDrive (CN) Co-founder spoke on a possible car chip supply chain shortage (Article in CN)
The Parentinc (SEAI) featured on 2022 Forbes’ Asia 100 to watch list
Velavigo (CN) CEO on the bio-medicine 3.0 innovation era (Article in CN)
Vintra (US) CEO shared insights on the new science of video analytics at GSX 202

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:

Carmen Yuen (SEAI) on potential high growth sectors in the next 5 years, the role of venture capital in managing startups and Southeast Asia’s thriving startup ecosystem
Jonathan Heiliger (US) on Vertex Ventures US Fund III
Sandeep Bhadra (US) on Vertex Ventures US Fund strategy
Xia Zhijin (CN) on Social Security Foundation expansion (Article in CN)

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