Vantage | April 2023

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.

• Flutura (SEAI) acquired by Accenture to strengthen its industrial AI services
• Higharc (US) invested by Ferguson and Starwood Capital to accelerate adoption of its technology by homebuilders across the US
• Iridium Molybdenum Technology (CN) completed its Series A round of more than RMB100M (Article in CN)
• Shenzhen Longsailing Semiconductor (CN) completed its Series A round (article in CN)

• Ambi Robotics (US) partnered with OSM Worldwide to automate parcel sortation with AI-powered robotic systems
• Geek+ (CN & Growth) partnered with Ceva Logistics to implement new AMR solutions at Grobbendonk distribution site in Belgium
• Horizon Robotics (CN & Growth) collaborated with Volkswagen Collaborate to create a "Third Living Space" for Chinese consumers
• LaunchDarkly (US) launched a Technology Partner Program for partners that want to build integrations into LaunchDarkly’s products
• Nium (SEAI & Growth) partnered with CellPoint Digital to offer merchants a frictionless, optimised end-to-end money movement process
• Sonoma Biotherapeutics (HC) partnered with Regeneron to develop T cell therapies

• Ambi Robotics (US) introduced AmbiAccess, The On-Demand Robot Fleet Management and Business Intelligence Platform
• Broker Buddha (US) introduced special pricing to support small independent agencies
• Datarails (IL) announced FP&A Genius, "the ChatGPT" for the CFO's Office
• Desktop Metal (US) launched Live Suite™, an End-to-End software hub that delivers generative AI solutions for additive manufacturing 2.0
• Evisort (US) announced Next Generation AI Contract Processing with Advanced OCR Ingesting 450,000 Contracts Per Day
• Hasura (US) announced Google Cloud Ready - AlloyDB Designation
• Kissht (SEAI & Growth) launched RING app to provide transactional financing for new-to-credit customers 
• LeaseLock (US) surpassed USD6 billion in insured leases
• Chipscreen Biosciences (CN) signed with Biocytogen cancer immunotherapy deal in China
• Horizon Robotics (CN & Growth) announced that Li Auto’s newest L series vehicles will be powered by Horizon Robotics' Journey 5 solution

• Cymbio (IL) listed in Tracxn’s Top BrandTech Startups for 2023
• LaunchDarkly (US) named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023

Vertex in the News

Here’s a recap of the notable media mentions and thought leadership articles from the Partners across our Vertex network.

VANTAGE - Apr'23 | Partners’ Notable Mentions

Read the full articles below:

• Chua Kee Lock on the outlook for 2023
• Hock Chuan Tam on opportunities in AI deals
• Kanika Mayar on what investors are looking for in the current climate
• Piyush Kharbanda on the decline in funding to Indian startups in Feb 2023
• Zhijin Xia on the advancements of new energy and large scale mining tech

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