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
- AnHeart Therapeutics (CN) raised a USD 61M in Series B
- Cylus (IL & Growth) raised a USD 30M Series B
- Cyberhaven (US & Growth) closed a USD 33M in Series B
- Dailybox Group (SEAI) acquired Breadlife
- Dansheng New Materials (CN) closed a Series A round (Article in CN)
- Song Ling Robot (CN) closed a Series A (Article in CN)
- Verbit (IL & Growth) acquired Automatic Sync Technlogies
- Zencity (IL) acquired Civil Space
Partnerships
- Datos Health (IL) partnered with The Heart Institute at Sheba Medical Centre’s Safra Children’s Hospital offering remote monitoring of pediatric cardiac patients in medically underserved communities
- Desktop Metal (US) collaborated with Korea Institute of Industrial Technology (KITECH) to accelerate the industrialization and adoption of additive manufacturing in South Korea and partnered with Uniformity Labs to qualify and deliver ultra-low porosity binder jetting powders
- Geek+ (CN & Growth) teamed up with Goodman to develop automated warehousing solutions, partnered Rhenus Logistics to deepen their focus on IT-driven digitalization, collaborated with CJ Logistics to improve the #1 shopping platform in South Korea, partnered with Boreal to upgrade supply chain at SP Digital and collaborated with Zongmu Tech for autonomous driving development
- Horizon Robotics (CN & Growth) teamed up with RoboSense to promote large-scale commercialization of all segments of intelligent connected vehicle
- Nium (SEAI & Growth) collaborated with Krungthai Bank to enhance global payment offerings and partnered with Modern Exchange Co to enable international payments to key global markets
- Turnkey Lender (SEAI) partnered with LoanPaymentPro to transform payment processing for lenders across the globe
- Xinchi Technology (CN) teamed up with Pioneer Hi-Tech to accelerate the implementation of domestic intelligent driving projects (Article in CN)
Growth
- Active.ai (SEAI) has powered WhatsApp banking for Abu Dhabi Commercial Bank
- Codefresh (IL) announced Moran Goldboim as the company’s Vice President of Product and a new Argo community workplace – Codefresh Hub for Argo – devoted to helping users optimize Argo Workflow efficiencies
- Desktop Metal (US) qualified commercially pure copper for additive manufacturing, received USD 7.9M from Binder Jetting systems from a major German carmaker and launched D2 Tool Steel for Additive Manufacturing with the Studio System 2
- Evisort (US) more than doubled its revenue in 2021
- Harbour BioMed (CN) introduced a new Chief Strategy Officer
- Hasura (US) announced a new Data Hub, bi-directional REST API Connectors and support for Google Cloud
- Ivantis (HC) announced the first patient’s enrolment in a pivotal clinical trial evaluating the Hydrus Microstent
- LeaseLock (US) welcomed Dana Colombo as Vice President of Enterprise Sales
- LeleTea (CN) announced plans to open 20 new stores (Article in CN)
- Nium (SEAI & Growth) elevated Chief Operating Officer Pratik Gandhi to Co-founder and launched virtual card issuing solution for the US travel industry
- Palleon Pharmaceuticals (HC) appointed Denis Patrick to its Board of Directors
- PlayNitride (CN & Growth) debuted four new MicroLED displays
- Taranis (IL & Growth) opened its Brazilian headquarters
- Very Good Security (US) surpassed 500 million sensitive data transactions per month
Recognition
- Ambi Robotics (US) Co-founder and Vice-President of Operations shared how Artificial Intelligence solves material handling problems and makes automation more flexible for the industry
- DataRails (IL) and Nexite (IL) ranked as #1 and #5 Most Promising Israeli Startups 2021 by Globes
- ElevateBio (HC) appeared in the 2021 Global Cell Therapy Financing Top 10
- Geek+ (CN & Growth) won Product of the Year Award in the mobile robotics category
- Growth Space (IL) CEO shared his predictions on workplace for 2022
- Lumigo (US) Co-founder and CEO spoke on the cloud observability space
- Licious (SEAI & Growth) founders shared on Licious’ successful growth and was awarded Thought Leadership Award for its ambitious ESG goals
- Sonoma Biotherapeutics (HC) CEO spoke on treg cell therapies for autoimmunity
- Verbit (IL & Growth) CEO spoke at Calcalist’s Roadshow event about the advantages and challenges of working with investors
- Xinchi Technology (CN) CEO shared insights on automotive-grade chips (Article in CN)
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