Vantage | July 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.

• alt Inc. (Growth) closed a JPY 3.5B Series D round
• Crowdvocate (IL) raised USD 15M
• Dailybox Group (SEAI & Growth) closed a USD 24M Series B round
• Horizon Robotics (CN & Growth) closed a new round
• Kissht (SEAI & Growth) raised a USD 80M Series E round
• RPG Commerce (SEAI) raised a USD 29M Series B round
• Wilco (IL) raised a USD 7M Seed round
• Wissen (CN) raised a USD 10M Pre-Series A+ round (Article in CN)

• Flutura (SEAI) partnered with Petrogenium USA to deliver fully integrated and digitalized projects, products, and services
• Nium (SEAI & Growth) partnered with Stellar Development Foundation to enable payout in 190 countries
• Obsidian Therapeutics (HC) partnered with MD Anderson to develop and manufacture cell therapies
• Yotpo (IL) collaborated with Fobi Ai Inc to drive operational efficiencies and profitability

• Desktop Metal (US) unveiled a new expandable foam 3D printing material - FreeFoam
• Harbour BioMed (CN) announced FDA clearance for the IND application of B7H4x4-1BB bispecific antibody (HBM7008) (Article in CN)
• Hasura (US) availed Hasura’s GraphQL on Google Cloud Platform
• Kuku FM (SEAI) crossed 1 million active paying subscribers in India
• Lumigo (US) unveiled the new development of its core platform with support for containers and Kubernetes
• RecBio (CN) received clinical trial approval from the State Food and Drug Administration of the Philippines (Article in CN)

• SmartX (CN) released upgraded HCI for modern IT infrastructure and CloudTower 2.0 to enhance simplicity and security for operations and maintenance

  
  

• Aruna (SEAI) CSO shared how Indonesia could be the center of the world’s maritime economy by 2045
• Neiwai (CN & Growth) founder spoke on how to build a global brand (Article in CN)
• Semidrive (CN)  shortlisted as one of the top 100 unicorn startups in 2022 and CEO was listed on Forbes China as one of the 50 Women in Tech 2022 (Articles in CN)
• SmartX (CN) CEO shared insights on cybersecurity for businesses
• Verbit (IL & Growth) won the 2022 “Best Speech to Text Solution” award by the AI Breakthrough Awards Program
• Vintra (US) received a perfect score in the Innovation category of the new Frost Radar Surveillance Analytics Report

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 investing in a downturn
• Chua Joo Hock on investing in Dailybox Group
• Liu Gen Ping on crypto assets winter
• Gary Kheong on investing in Aruna and on the key considerations for companies expanding into Indonesia
• James Lee on investing in Kissht
• Piyush Kharbanda on partnership building, metric selection and sustainable goal-setting for startups
• Tami Bronner on handling uncertainty and changes in the market
• Tam Hock Chuan on investing in alt Inc. and Dailybox Group
• Xia Zhijin on remaining optimistic in deep technology investments (Article in CN)

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