Vantage | September 2025

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.

• Databricks (China) raises $1B Series K funding at $100B+ valuation
• Elivaas (SEA & India) raises $10M in Series B funding led by Vertex Ventures Southeast Asia & India
• Elotl (US) receives investment from Cisco Investments to accelerate AI-ready infra for the multi-cloud era
• Hear AI (Israel) secures Vertex investment to accelerate agentic CX platform
• Kiwi (SEA & India) raises $24M in Series B round led by Vertex Ventures SEA & India
• Pintarnya (SEA & India) secures $16.7M Series A funding
• Palmonas (SEA & India) secures $6.3M to open 100 stores
• Sayata Labs (Israel) acquired by Penn-America, boosting digital commercial insurance outreach

• TurnKey Lender (SEA & India) secures growth investment for global expansion and AI innovation

• Carv (China) advances AI Beings roadmap with 12+ ecosystem partnerships, including with Codatta
• Databricks (China) partners with Euroventures and invests in Datapao
• Nium (SEA & India, Growth) deepens strategic collaboration with iPiD for global fraud prevention and VoP compliance

• RedotPay (China) partners with Mesh to bring instant, secure stablecoin payments to everyday life

• Axonius (Israel) appoints Joe Diamond as President to lead unified go-to-market strategy
• ElevateBio BaseCamp (Healthcare) achieves ICMC certification for commercial cell and gene therapy manufacturing capabilities
• Harbour BioMed (China) appoints Yajie Li as Chief Medical Officer
• Sonoma Biotherapeutics (Healthcare) appoints Lisa Taylor Ash as Chief Legal Officer
• Palleon Pharmaceuticals (Healthcare) announces first patient dosed in Phase 2 clinical trial of E-602/HLX79 for active glomerulonephritis
• Septerna (Healthcare) announces dosing of first participants in Phase 1 clinical trial for SEP-631 oral
• SpyGlass Pharma (Healthcare) appoints Elizabeth O’Farrell to its Board of Directors
• Quantum Art (Israel) demonstrates a research advance for quantum computing
• Unitree Robotics (China) launches R1 humanoid robot costing less than $6,000
• Virta (Growth) appoints Juhani Hintikka as CEO for next-phase EV charging industry growth
• Virta (Growth) acquires Northe to expand EV fleet and charging platform

• Zenity Labs (Israel) exposes widespread AgentFlayer vulnerabilities allowing silent hijacking of major enterprise AI agents

• Elice (Growth) two AI papers accepted at ACL 2025, premier NLP conference
• LightBeam.ai (US) named in Privacy Management Software Landscape, Q2 2025, by independent research firm
• RedotPay (China) featured at Blockchain Rio 2025, igniting stablecoin-based payment innovation
• SWARM Biotactics (US) featured for innovative cyborg cockroach use in global defense spotlight
• Unitree Robotics (China) spotlight at World Humanoid Robot Games and major media for delivery growth, product innovations