Vantage | December 2020

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.

Growth

• Desktop Metal (US) launched Live Sinter software for metal additive manufacturing, announced Shop System™ plans for mass manufacturing and shipping to customers worldwide
• Geek+ (CN & Growth) created the world's largest robot warehouse group operation to deliver 13.19M orders in 36H during Singles’ Day, launched an online virtual booth to provide new product digital versions, announced leading Australian retailer, Catch.com.au, will adopt more than 100 AMRs in partnership with Körbe
• SmartX (CN) partnered with Intel and Lenovo to establish China Securities IT infrastructure innovation lab (article in Chinese)
• East China Heavy Machinery (CN) invested RMB 1B to build "East China Heavy Machinery High-end Intelligent Port Equipment Production Base" (article in Chinese)
• Yunyinggu (CN) started production of 10M AMOLED driver ICs by the end of the year

Investments

• Fyde (US) acquired by Barracuda to protect remote employees working from home
• Glowroad (SEAI) raised USD 7M from existing investors
• Hansel (SEAI) acquired by Netcore to create industry’s leading intelligent customer experience cloud
• Horizon Robotics (CN) raised USD 600M Series B round (article in Chinese)
• Inmagene Biopharmaceuticals (CN) raised USD 21M Series B round
• Lelecha (CN) raised RMB 200M Pre-A funding round
• Verbit (IL) raised USD 60M Series C round
• Xpressbees (SEAI) raised USD 110M Series E round
• Yunyinggu (CN) raised RMB 100M Series D round (article in Chinese)

Partnership

• Cylus (IL) partnered with Egis to launch rail cybersecurity centre
• Kryon (IL) partnered with Hyperscience to enhance full-cycle automation
• Nium (SEAI & Growth) partnered with Accendo Banco to provide international money transfer capability
• PlayNitride (CN) partnered with Samsung to create a full-color Micro LED display
• Taranis (IL & Growth) partnered with Lindsay Corp. to unveil Smart Pivot
• Desktop Metal (US) partnered with Materialise to provide support for binder jetting systems
• EasySend (IL) partnered with Swisscom Trust Services to to enable qualified electronic signatures for insurers and financial sector

Recognition

• Hasura (US) listed on Business Insider’s 100 top startups of 2020
• PerimeterX (US & Growth) honored with 2020 Best Practices Award by Frost & Sullivan
• Ivantis (HC) received American Academy of Ophthalmology (AAO) highest designation for any MIGS device in their 2020 Preferred Practice Pattern® treatment guidelines (PPP)
• Lelecha (CN) co-founder and chairman named “Hurun China Under 30s To Watch 2020” (article in Chinese)