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
  
  

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:

• 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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