Vantage | November 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

• Pintec (CN) CVX enabled smart credit services and launched Robotic Process Automation system (articles in Chinese)
• Innoviz Technologies (IL) introduced InnovizTwo to accelerate the industry towards autonomous driving
• Validus (SEAI & Growth) approved as a PFI by Enterprise Singapore
• Upsolver (US) created first-ever open cloud lakehouse
• Hasura (US) hosted first industry Enterprise GraphQL conference for architect and technical leaders
• Grab (SEAI) launched Cash-in with Driver feature on mobile app in Philippines
• RoomMe (SEAI) launched RoomMe OS for boarding owners
• Nium (SEAI & Growth) expanded services into Africa

Investments

• Deepvision (CN) raised RMB 50M Pre-A round
• Picocom (CN) raised Series A round
• Pintec (CN) announced RMB 400M round under Equity Transfer Agreements
• EasySend (IL) raised USD 16M in Series A round

Partnership

• Grab (SEAI) partnered with SMRT to rollout new apps for taxi drivers
• Harbour Biomed (CN) partnered with Hualan Gene to develop multiple antibody drugs (article in Chinese)
• LeaseLock (US) partnered with QBE North America Partner to eliminate Deposits in U.S. Rental Housing Market
• Nium (SEAI & Growth) partnered with Neobank Aspire to issue virtual Visa corporate cards and Volopay for corporate card issuance
• SoCash (SEAI) partnered OCBC to offer cash withdrawal at over 1,500 shops
• PerimeterX (US & Growth) partnered Snyk to address common web applications open source JavaScript risk
• Axonius (IL) partnered with Remediant to simplify access management
• Nium (SEAI & Growth) partnered with South Korea’s leading digital remittance provider E9, Australian startup Modul8 for fast-track card issuing and neobank Unifimoney to provide international remittance capability
• TurnKey Lender (SEAI) partnered with USBC to distribute small business loans
• Grab (SEAI) partnered with Marriott International to enhance hospitality experiences, FavePay in Malaysia to steer cashless economy and Shinhan Financial on digital finance services.

Recognition

• Validus (SEAI & Growth) Vietnam CEO shares how fintech platforms answer Vietnam’s SME funding crunch
• Hasura (US) won InfoWorld’s Best of Open Source Software Award
• Axonius (IL) recognised as 2020 Gartner Cool Vendor in Security Operations and Threat Intelligence
• Geek+ (CN & Growth) CEO shared how they expanded globally (article in Chinese)
• Evisort (US) Co-founder and CTO shared the Five Horsemen of the AI-pocalypse
• Sokowatch (US) won Winner of Visa Everywhere Initiative
• Upsolver (US) CEO shared how their platform democratizes data lake management in the cloud (article in Japanese)
• SmartX (CN) co-founder and CEO shared on hyper-convergence (article in Chinese)
• Lechebang (CN) CEO shares how the company’s core business model (article in Chinese)