Vantage | June 2022

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.

• Evisort (US) raised a USD 100M Series C round
• Nexite (IL) raised a USD 67M Series C round
• oHouse (Growth) raised a USD 182M Series D

• Geek+ (CN & Growth) deployed its mobile robots at RangePlus’ fulfillment center, achieving 300% improvement in picking rate and order picking time
• Happyfresh (VVSEAI) in partnership with Blue Yonder to digitally transform warehouse capabilities
• Horizon Robotics (CN & Growth) partnered with Qcraft to offer automakers self-driving solutions and  teamed up with Arm China for intelligent vehicle development
• LaunchDarkly (VVUS) in partnership with consortium to develop open source feature flag standard
• Nium (SEAI & Growth) partnered OwlTing Group to launch global B2B cross-border payment service

• Axonius (IL) launched a new web portal for the Axonius Correlated Partner Program
• Codefresh (IL) announced its flagship continuous delivery (CD) platform will be made accessible as a fully-hosted solution for DevOps teams
• Cyberhaven (US) announced rapid expansion fueled by a 50% increase in annual recurring revenue (ARR) quarter over quarter
• Desktop Metal (US) launched DuraChain™ — a first-of-its-kind commercial category of photopolymer
• Nium (SEAI & Growth) secured license to expand payment services to Malaysia
• Seebo (IL) joined Augury to provide an AI-driven view into diverse factors influencing overall production health

• Verbit (IL & Growth) acquired US Captioning - an industry-leading closed captioning provider for national TV networks

  
  

• Axonius (IL) CEO shared how providing an always up-to-date asset management inventory to control complexity and AxoniusX CEO shared his thoughts on their internal initiative
• Aporia (IL) was named by Forbes Israel as one of ten "Next Billion Dollar Startups". (Article in Hebrew)
• ActiveAI and The Parent Inc (SEAI) recognized as one of the 50 rising start-ups in Southeast Asia on Tech in Asia
• Cymulate (IL & Growth) was listed on Ctech’s 50 most promising Israeli Startups 2022
• Datarails, Nucleai, Trigo (IL) recognized on Ctech’s 50 most promising Israeli Startups 2022
• Evolusia (CN) CEO shared more about what is the fourth generation semiconductor (Article in CN)
• PatSnap (SEAI & Growth) CEO shared their startup journey
• Semidrive (CN & Growth) was featured in an article on chip shortage
• Taranis (IL & Growth) CMO shared how their solution mitigates food wastage losses
• UWinTech (CN) recognized as one of the Top 15 high-growth enterprises in the field of industrial digitalization in 2022
• Zencity (IL) recognized on CB Insight’s AI 100: The most promising artificial intelligence startups of 2022 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.

Read the full articles below:

• Chua Kee Lock on e-commerce in Southeast Asia
• Ben Mathias on investing in growth stage startups
• Insik Rhee on what he looks for in entrepreneurs
• Liu Genping on the value of NFTs
• Tami Bronner on investors investing in companies without a clear business model.
• Xia Zhijin on investing in the intelligence mining company (Article in CN)

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