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
- Axonius (IL) announced availability on DLT Solutions GSA Schedule
- Codefresh (IL) appointed Kiersten Gaffney as VP Marketing
- Desktop Metal (US) announced breakthrough in aluminium sintering for binder jetting technology, developed new additive manufacturing process for sustainable wood parts and announced their first quarter 2021 financial results
- Geek+ (CN & Growth) deployed their AMRs in Siemens Switchgear Shanghai's factory, brought first AMRs to Kuwait with Yahaal and installed the RaaS-enabled picking system in Janco Global Logistics
- Grab (SEAI) relaunched upskilling programs for drivers and delivery riders with Microsoft
- Harbour Biomed (CN) completed first patient administration in Australia for Phase Ib/IIa clinical trial
- LeaseLock (US) added Kevin Huss to the enterprise sales team and expanded their advisory board
- Licious (SEAI & Growth) pledged to be ESG compliant in the next 12 months
- NIUM (SEAI & Growth) launched global payments solution for maritime companies
- Obsidian Therapeutics (HC) presented preclinical data at the 24th American Society of Gene and Cell Therapy Annual Meeting
- Pintec (CN) launched digital transformation business for small and medium brokers (Article in CN) and announced 2021 extraordinary General Meeting results
- Yotpo (IL) launched Yotpo Loyalty for Marketing Cloud on Salesforce AppExchange
Investments
- Cymulate (IL & Growth) nabbed a USD 45M Series C
- Chongxing (CN) closed a RMB 400M Series B+
- Desktop Metal (US) acquired Adaptive3D to grow their portfolio of materials
- TaniHub (SEAI) raised a IDR 942B Series B
- Validus (SEAI & Growth) received SGD 50M from Fasanara Capital
- Verbit (IL & Growth) acquired VITAC to become the world’s largest AI-powered transcription and captioning platform
- ZEPL (US) joined forces with Datarobot
Partnership
- Ace Turtle (SEAI) partnered with Forever New to provide omnichannel solution
- Elevation Oncology (HC) partnered with NeoGenomics to enhance identification of patients with certain solid tumors
- Flutura (SEAI) partnered with TechnipFMC for future collaboration in the energy digitization space
- Grab (SEAI) partnered with SM Supermall to offer discounts, Stripe to enable businesses in Southeast Asia, Malaysia’s GHL Systems Berhad to offer pay later payment tool and AutoSweep and Easy Trip for GrabPay users to top up to their RFIDs
- Harbour Biomed (CN) partnered with Baitu Biosciences to implement scientific research
- Innoviz Technologies (IL) partnered with Sensagrate to enable Smart City Applications
- LeaseLock (US) partnered with Grace Hill to deploy zero deposit leasing practices in the US
- NIUM (SEAI & Growth) partnered with SENTBE to improve South Korea’s international business transactions and Rimuut to enable international payment services for freelancers
- Payfazz (SEAI) partnered with BRI Agro to expand digital banking offerings
- Trigo (IL) partnered with german grocer REWE for cashierless checkout stores
- TurnKey Lender (SEAI) partnered with BankersLab to accelerate digital transformation for the lending industry
- Upswift (IL) partnered with NVIDIA’s Jetson product line to maintain and manage their product fleet remotely
- Zencity (IL) collaborated with Harvard Kennedy School’s Ash Center to boost vaccine uptake
Recognition
- Cymulate (IL & Growth) recognized as 2021 Product Leadership by Frost and Sullivan
- ElevateBio (HC) recognized as 2021 Facility of the Year Awards (FOYA) category winner for operational excellence
- Geek+ (CN & Growth) COO shared how their robots are helping global supply chains run smoothly
- Identiq (IL) and PerimeterX (US & Growth) named Best Antifraud Solution at 2021 Card Not Present awards
- LaunchDarkly (US) CTO introduced Progressive Delivery
- Semidrive (CN) CEO delivered keynote presentation on China’s automotive market in the GSA Automotive Summit and shared the company’s automotive core processor chips
- Valtix (US) named 2021 Cool Vendor in Cloud Networking by Gartner
- Virta (Growth) appointed Krisi Komi as the new chairwoman
- 17Live (SEAI & Growth) shared top 10 live-streaming trends in Asia
Harbour Biomed (CN) CEO shared his thoughts on using biological “5G technology” to accelerate China’s drug discoveries and innovation - Innoviz Technologies (IL) announced new design win with leading Tier-1 automotive supplier
- OwnBackup (IL) recognized by TechUnited:NJ as the Catalyst of Technology Award winner
- TaniHub (SEAI) featured in e27 Luminaries as one of the startups that is making life easier in emerging markets
- Yotpo (IL) registered as IT business assistance tool by Grapise
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