Vantage | February 2022

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.

Investments

• Aruna (SEAI) closed USD 30M in a follow-on Series A
• Eigencomm (CN) closed RMB 1B in Series C
• Sayata (IL) completed USD 35M Series A
• SiteAware (IL) raised USD 15M in Series B
• UWin Tech (CN) raised a Series C round
• Warung Pintar (SEAI) joined hands with Indonesia e-commerce enabler SIRCLO

Partnerships

• Datos Health (IL) partnered with Permanente Health Care Ventures to launch a turnkey self-service Sidney Navigator™ Covid 19 solution to help employers monitor employee population status in real-time
• Geek+ (CN & Growth) collaborated with Wistron Capital to accelerate global Industry 4.0. (Article in CN), and collaborated with Decathlon to upgrade European e-commerce logistics
• Kapiva (SEAI) announced a partnership with ET Medialabs to make Ayurveda accessible in innovative product formats across to millennial India and collaborated with Malaika Arora to create a brand film to foray into the Skin Foods category with Glow Mix
• Licious (SEAI & Growth) partnered with WATConsult to manage their ORM (Online Reputation Management) and digital listening
• Nium (SEAI & Growth) announced a partnership with Al Mulla Exchange to improve global payment options and collaborated with Alchemy Pay so as to allow global clients to receive crypto payouts at a much lower rate
• Turnkey Lenders (SEAI) collaborated with Codat to empower SMEs with their lending needs
• Validus Capital (SEAI & Growth) partnered with DO Ventures and TTC Group to form a joint venture focused on empowering SMEs in Vietnam through financial inclusion initiatives

Growth

• Axonius (IL) reported a triple-digit revenue growth for the third consecutive year
• Bicycle Therapeutics (HC & Growth) updated its clinical progress
• Boundless Bio (HC) appointed Jennifer Lew to its Board of Directors
• CodeFresh (IL) launched GitOps Fundamentals Certification Course for Argo
• Cymulate (IL & Growth) achieved 100% global revenue growth as well as a 200% new bookings growth in North America in 2021
• Geek+ (CN & Growth) deployed hundreds of Autonomous Mobile Robots (AMRs) in Decathlon’s three key European distribution centers and deployed AMRs at Ariat International with their strategic partner Körber
• Lumigo (US) appointed Danny Lev as its new VP marketing
• Nium (SEAI & Growth) appointed Robin Gandhi as Chief Product Officer
• Nuvaira (HC & Growth) announced 200th treatment milestone for Airflow-3 COPD trial
• Obsidian Therapeutics (HC) appointed Maria Fardis, Ph.D., as Chair of its Board of Directors
• OwnBackup (IL) appointed Liat Ashkenazi as Senior VP of Engineering
• PerimeterX (US & Growth) announced advanced enhancements to its platform with the 2022 Winter Release and appointed AJ Stahl as its new Chief Revenue Officer, and Raymond Lim as its new Chief Financial Officer
• PlayNitride (CN & Growth) virtually exhibited their MicroLED at CES 2022
• SiteAware (IL) reported a three times growth in recurring revenue for 2021

• Verbit (IL & Growth) featured as one of the unicorns that reached USD 1B in record time

  
  

Recognition

• Ambi Robotics (US) co-founder & CTO shared his insights on the future of video conferencing
• Axonius (IL) appeared in 43 enterprise-tech startups to bet your career on in 2022
• Ayu Health (SEAI) CEO & Co-Founder shared insights on healthcare infrastructure gaps in India
• Dedoco (SEAI) CEO & Co-Founder shared insights to debunk the five myths about digital documents signing
• ElevateBio (HC) presented at the 40th Annual J.P. Morgan Healthcare Conference
• Karkhana.io (SEAI) CEO shared about the company’s early years, capabilities, value proposition and future plans.
• Licious (SEAI & Growth) co-founders shared their success mantras of D2C brands at Brands of New India Mega Summit
• Nium (SEAI & Growth) recognized as the 9th fastest growing company in Singapore in 2022, and CEO shared about Nium’s business model and future plans for the company
• SCB Abacus (SEAI) CEO shared her background and the reasons behind starting her company
• SolidEnergy (CN) CEO shared the development and production of Li-Metal batteries
• SmartX (CN) CEO shared his future outlook on the enterprise cloud infrastructure market
• SoCash (SEAI) CEO shared his thoughts and plans for the future of his fintech business
• Taranis (IL & Growth) CEO shared how Taranis is reducing carbon emissions around the world
• Xinchi Technology (CN) CEO shared the challenges faced in the auto industry