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.

• Gitpod (US) raised a USD 25M Series A round
• Huayu (CN) raised a pre-Series A funding round (article in CN)
• PrimeLink (CN) raised a pre-Series B funding round
• SemiDrive (CN) raised a USD 139M Series B+ round
• TipTip (SEAI) raised a USD 13M Series A round

• Cymulate (IL & Growth) partnered with Exclusive Networks for APAC and EMEA distribution
• ElevateBio (HC) partnered with Affini-T Therapeutics to Advance Affini-T’s T Cell Therapy Programs Targeting Core Oncogenic Drivers
• Forecyte Bio Limited (CN) partnered with Thermo Fisher to empower the world of scientific and technological progress (article in CN)
• Harbour BioMed (CN & Growth) partnered with WuXi Vaccines to establish a new vaccines CDMO facility in China and also with Moderna to drive the development of nucleic acid-based immunotherapies

• Binhui Biotech (CN) novel lytic virus candidate BS006 received U.S. FDA clearance to conduct clinical trials (article in CN)
• Cymbio (IL) announced Amazon integration and support
• Desktop Metal (US) received USD 9M order from major German Car Manufacturer
• ElevateBio (HC)  BaseCamp unveiled Its LentiPeak Lentiviral Vector Platform
• Geek+ (CN & Growth) announced the delivery of the largest AMR-powered warehouse in the Hong Kong e-commerce industry, for leading online retailer YesAsia
• LaunchDarkly (US) earned AWS DevOps Competency and joined AWS Public Sector Partner Program
• Propseller (SEAI) closed its largest deal to date at USD 14.5M
• Upsolver (US) announced support for AWS for Advertising and Marketing Initiative and the availability of SQLake
• Valtix (US) introduced Essentials and Advanced Offerings to Bring Multi-Cloud Network Security to Organizations of All Sizes
• Vintra (US) announced new module for AI-assisted access control
• Nium (SEAI & Growth) unveiled ‘Closed Loop’ Payments Alternative for Airlines and OTAs

• Karkhana.io (SEAI) and Proactive for Her (SEAI) CEOs listed on Mint’s list of 100 women transforming the startup landscape in India
• Speedoc (SEAI) named as a top winner of the Emerging Enterprise Awards 2022
• DataRails (IL) listed in Tracxn’s “Finance & Accounting Tech startups 2022” for most promising startups leading the Finance & Accounting Tech industry
• Boundless Bio (HC), ElevateBio (HC) and Palleon Pharmaceuticals (HC) named in Tracxn's top oncology startups for 2022
• Verbit (IL & Growth) listed in CNBC’s 2022 Top Startups for the Enterprise
• Cymulate (IL & Growth) named top innovation leader in Frost & Sullivan's “Frost Radar™ Global Breach and Attack Simulation, 2022” report
• PlayNitride (CN & Growth) awarded the gold prize in Smart Display Industry Alliance (SDIA)’s 2022 SDIA Award

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 - DEC'22 | Partners’ Notable Mentions

Read the full articles below:

• Carmen Yuen on why Southeast Asia remains an attractive destination for startups (article in Thai)
• Chua Kee Lock on lessons learned from the early China ride-hailing wave
• Choon Chong Tay on leading institutions still being optimistic about China (article in CN)
• Joo Hock Chua on investing in TipTip
• Wei Li on investing in CARV
• Pui Yan Leung on investing opportunities in the carbon credit market
• Jianwei Yuan on investing in Primelink Therapeutics (article in CN) and the next stage of innovative drug investment (article in CN)
• Zhijin Xia on the impact of the epidemic on investment (article in CN)

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