Vantage | January 2026

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.

• Databricks (China) raises $4B at $134B valuation as its AI business heats up
• Kissht (SE Asia & India & Growth) SEBI clears INR 1,000+ Cr IPO
• Kuku FM (SE Asia & India) ropes in investment bankers for a $200M IPO
• PlayNitride (China & Growth) acquires Lumyod for $2M to strengthen AR glasses technology
• Quantum Art Ltd (Israel) raises $100M Series A to drive scalable, multi-core quantum computing
• RedotPay (China) raises $107M Series B to drive stablecoin payments adoption

• SCB Abacus / Abacus Digital (SE Asia & India) raises $31M in oversubscribed bond sale to expand Thai loans

• Harbour BioMed (China) partners with Bristol Myers Squibb in a $1.1B next‑gen antibodies deal
• RedotPay (China) AscendEX taps RedotPay to fortify crypto payment solutions across the globe
• RedotPay (China) partners with Ripple to enable instant XRP-to-Naira payouts in Nigeria
• Tulip Interfaces (US) Mitsubishi Electric invests and enters a strategic alliance to strengthen DX solutions

• Virta (Growth) to equip SNCF with 5,000 EV charge points to accelerate fleet electrification

• Bicycle Therapeutics (Healthcare) establishes a 15-year supply chain contract for its wholly owned radiopharmaceuticals pipeline
• Kiwi (SE Asia & India) details event‑driven AI and invisible security powering Credit‑on‑UPI at scale
• LightBeam.ai (US) appoints Matthew Kelly to lead channel strategy
• Moonlake AI (China) unveils the world’s first generative game engine
• ScyllaDB (Israel) releases Operator 1.19.0 with multi‑tenant monitoring and OpenShift support
• SonoThera (Healthcare) announces preclinical Factor VIII expression data for its hemophilia program

• Spyne (SE Asia & India) appoints Jatin Jain as Head of Technology & AI

• Cyberhaven (US & Growth) named to Built In’s 2026 Best Places to Work lists
• Vectara (US) recognized in two 2025 Gartner Market Quadrants for Generative AI