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.
Investments
- Desktop Metal (US) acquired The ExOne Company and Aerosint
- Joonko (IL) announced their Series A funding
- LaunchDarkly (US) secured USD 200M Series D funding at a USD 3B valuation
- OwnBackup (IL) secured USD 240M Series E funding at a USD 3.35B valuation and acquired RevCult
- Rujian Medical (CN) closed a Series B round (Article in CN)
- Sayata (IL) raised USD 17M in Series A funding
- Sonoma Biotherapeutics (HC) raised USD 265M in Series B funding
- Tulip Interfaces (US) raised USD 100M in Series C funding
Partnerships
- Ace Turtle (SEAI) partnered with Fashinza to deliver world-class solutions to the Indian market retailers, fashion designers and manufacturers
- Desktop Metal (US) partnered with Matsuura Machinery
- Geek+ (CN & Growth) collaborated with SF Supply Chain to provide clients all over Hong Kong and Macau with robotics-powered services
- Horizon Robotics (CN & Growth) partnered with Nullmax to co-develop smart driving solutions
- LeaseLock (US) Zero Deposit was implemented by Western Wealth Communities (WWCo) to eliminate the financial and administrative burdens of security deposits
- NIUM (SEAI & Growth) and GC Partners teamed up to boost Asian payments network
- SemiDrive (CN) partnered with SAIC Lingshu to conduct in-depth research
Growth
- Axonius(IL) welcomed new two Creative Directors, Chris Cochran and Ron Eddings
- Binance (CN & SEAI) hired former Singapore Exchange executive Richard Teng as CEO of its Singapore affiliate and appointed Leigh Travers as CEO of Australia
- Binhui Biotech (CN) launched their virus candidate drug injection for the treatment of recurrent glioblastoma clinical trials in Beijing Tiantan Hospital and announced it has obtained the US FDA approval to carry out clinical trials in the United States
- Desktop Metal (US) qualified Titanium and launched 316L Stainless Steel for manufacturing
- Elevation Oncology(HC) reported second quarter 2021 financial results
- Geek+ (CN & Growth) opened a global R&D centres in Hong Kong to nurture a new generation of R&D talent and launched a new solution for Smart Mixed Case palletizing in collaboration with WSR Solutions
- Janice Wong (SEAI) launched a new ice cream concept store at Great World City
- LeaseLock (US) enhanced leasing funnel performance for Strata Equity Group
- NIUM (SEAI & Growth) partnered with Mastercard to launch a new five-in-one payment card
- OwnBackup (IL) acquired RevCult, enhancing their cloud data protection platform with proactive data security
- Picocom (CN) accelerated the verification and pre-silicon software validation of its system-on-chip (SoC) designs for 5G open radio access network (ORAN) applications
- SmartX (CN) released a preview of its Kubernetes storage software IOMesh
- TaniHub (SEAI) announced plans to target one million borrowers on their subsidiary fintech solution platform, TaniFund
- Warung Pintar (SEAI) grew their user base by 20x following the evaluation and strategic shake-up and launched their buy now, pay later service with Cicil
- Yotpo (IL) planed NASDAQ IPO at USD 2.5 billion valuation
Recognition
- Adaptive Shield (IL) named Winner in Black Unicorn Awards 2021
- Axonius (IL) was selected by Great Place to Work and Fortune magazine as one of the 2021 Best Small & Medium Workplaces
- Cylus (IL) was featured in Israel21c article
- Evisort (US) named "Hot Vendor" in Workflow and Content Automation by leading analyst firm Aragon Research
- Hasura (US) CEO Tanmai Gopal talked about how they went from building a food delivery app to an open-source data access infrastructure
- LaunchDarkly (US), Axonius, OwnBackup, and Yotpo (IL) entered the 2021 Forbes Cloud 100 list
- NIUM (SEAI & Growth) CEO Prajit Nanu shared how he built a global fintech power from Singapore
- Nuvaira (HC & Growth) developed a groundbreaking technology that could one day treat a range of lung diseases
- PatSnap (SEAI & Growth) CEO shared how their startup is democratising the world of intellectual property
- Recko (SEAI) CEO and CTO shared how their startup is solving the age-old problem of financial reconciliation
- SemiDrive (CN) CEO shared thoughts on the semiconductor industry (Article in CN)
- SOCASH (SEAI) CEO shared how they stay relevant amid changing payment landscape
- ZenCity (IL) CEO Eyal Feder-Levy was featured in Jewish Insider
- 17Live (SEAI & Growth) CEO shared how he brought livestreaming trends to Japan
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