DealStreetAsia | SG's Vertex Growth to hit first close of $330m second fund in July

Kristie Neo (DealStreetAsia) posted on 28 Jun 2021

Temasek-backed Vertex Growth Fund expects to hit the first close of its $330-million second fund by next month, according to a senior executive at the firm.

Click here to find out more.

Copied

Recent posts

Img

Temasek invests in US biotech firm Allay Therapeutics

Allay Therapeutics, a clinical-stage biotech start-up that makes pain relief products, raised US$60 million (S$80.45 million) in a Series C fund-raising round led by United States-based healthcare-focused venture capital firm Arboretum Ventures. Temasek, Temasek's subsidiary Pavilion Capital, as well as Temasek-linked Vertex Growth and Vertex Ventures HC participated in the round; there was no shortage of other crossover investors, including from Australia and Taiwan. Other investors included US-based NEA, Australian life science investor Brandon Capital Partners and WTT Investment, the Taiwan-based single family office of Fubon Group founder Tsai Wan-Tsai.

28 Jun 2021
Read more

Img

Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent

Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital. The company says the round was oversubscribed, and that it doubled its revenue growth in 2020.

28 Jun 2021
Read more

Img

Horizon Robotics launches Journey 5 chip for smart driving

Beijing-based AI solution provider Horizon Robotics launched on July 29 its new-generation smart driving chip “Journey 5”. The full-scenario intelligent complete vehicle solution and computing platform built on the newly-launched chip were unveiled at the same time. The Journey 5 chip is Horizon Robotics' third-generation automotive-grade AI chip following the Journey 2 and the Journey 3.

28 Jun 2021
Read more

Quick Links

    Our Global Network

    Vertex Growth is part of a global network of venture capital funds, which includes Vertex Ventures and Vertex Ventures HC.


    The funds are based across global innovation hubs in China, Israel, Southeast Asia and India, and the US. This creates a unique platform for our portfolio companies to realize their full potential by leveraging the combined experience and resources of our extensive network of global partners.

    Copyright

    © 2019 by Vertex.

    All rights reserved.

    Legal