Vantage | Apr 2023 | Accenture acquires Flutura to boost industrial AI services

Hi?LinkedIn friends,

We're pleased?to?announce that Accenture?has?agreed?to acquire?Flutura?(SEAI)?to?boost?its?industrial?AI?offering, bringing?Flutura's capabilities?to?clients in the energy, chemicals, metals, mining, and pharmaceutical industries.?Iridium Molybdenum Technology (CN)?and?Shenzhen Longsailing Semiconductor (CN)?completed its Series A rounds, while?Higharc (US)?received investment from Ferguson?to?accelerate adoption of its technology by homebuilders across US.?

On the partnership front,?Ambi Robotics (US)?partnered with OSM Worldwide?to?automate parcel sortation,?Geek+ (CN & Growth)?partnered with Ceva Logistics?toimplement AMR solutions at its Belgium site and?Nium (SEAI?& Growth)??partnered with CellPoint Digital?to?offer merchants a seamless end-to-end money movement process.?

Lastly watch our?video?to?find out more about how VCs like Vertex evaluate startup growth using the Medonza Magic Duo framework.?

Read the full list of news?here.??

- Vertex Partnership Group

Portfolio News

Flutura?(SEAI) acquired by?Accenture?to?strengthen its?industrial?AI?services

Sonoma Biotherapeutics (HC) partnered with Regeneron?to?develop T cell therapies

Higharc (US) invested by Ferguson?to?accelerate adoption of its technology by homebuilders

Geek+ (CN & Growth) partnered with Ceva Logistics?to implement new AMR solutions?in Belgium

Ambi Robotics (US) introduced AmbiAccess, The On-Demand Robot Fleet Management

Datarails (IL) announced FP&A Genius, "the ChatGPT" for the CFO's Office

Read more portfolio news?here.

Vertex Perspectives

How Female Founders are shaping China's Innovation Landscape by Ying Xu

What should the Founding Team Consider while Fundraising by Ben Mathias

Me & My Money: Timing is key?to?a tech start-up’s success feauring Kee Lock Chua

Watch: How fast should a startup grow for VC to be interested?

How fast should a startup grow? Hint - it's more than just about hitting ARR targets, but also ensuring sales efficiency and GTM motion. Watch our explainer video for a quick low-down on what's vital.?

Watch the video?here.

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Vertex Holdings is a global venture capital platform comprising of 6 network funds.

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