Vantage | August 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.

• Adaptive Shield (IL) secured strategic investment from Blackstone
• Higharc (US) announced a strategic investment from Standard Industries, Home Depot Ventures, and Carl Bass
• Septerna (HC) secured USD150M in Series B Financing to Advance Pipeline of Novel GPCR-targeted Medicines

• SpyGlass Pharma (HC) completed its USD90M Series C Financing to Advance Novel Treatments for Glaucoma and other Chronic Ophthalmic Diseases

  
  
  

• NFKing (CN) partnered with Star CM Holdings Limited to launch Sing!Meta, a web3 entertainment Metaverse
• Speedoc (SEAI) partnered with Parkway Shenton to expand medical care reach

• alt (Growth) launched individual LLM development contracts for companies with 175 billion parameters
• Aporia (IL) launched root cause analysis tool for real-time production data analysis
• Boundless Bio (HC) appointed Jami Rubin as CFO
• Elevation Oncology (HC) appointed Joseph Ferra as Chief Executive Officer and Promoted Tammy Furlong to Chief Financial Officer
• Geek+ (CN & Growth) installed Hong Kong's First Robotic Parcel Sortation System at Hongkong Post
• NEIWAI (CN & Growth) opened its Singapore Flagship store
• Neumora Therapeutics (HC) initiated Phase 3 clinical program for major depressive disorder and appointed Henry Gosebruch as CEO 
• Nium (SEAI & Growth) announced 2022 net revenue growth of 2.7x and and opened its new headquarters in Singapore
• OwnBackup (IL) acheived FedRAMP® authorized designation
• Validus Capital (SEAI & Growth) appointed Vineet Agarwal as CEO for Singapore operations

• HUMAN (US & Growth) Bot Defender Ranked #1 Vendor in Latest G2 Grid® for Bot Detection and Mitigation
• Palleon Pharmaceuticals (HC) CSO Li Peng named to Endpoints Women in Biopharma list 

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 - Aug'23 | Partners’ Notable Mentions

Read the full articles below:

• Gary Khoeng on the decline of funding in SEA Startups for H1 2023
• Zhijin Xia on the Science and Technology Innovation Board's 4th anniversary

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