Vantage | Jan 2023 | VC's cautious optimism for 2023, AI's impact on insurance ?? & more

Vantage | Jan 2023 | VC's cautious optimism for 2023, AI's impact on insurance ?? & more

Hi?LinkedIn friends,

Happy 2023! As we embark on a brand new year, questions remain amidst the uncertain economic environment of its impact on the VC industry.?Carmen Yuen?provides her thoughts on how VCs will operate amidst macroeconomic headwinds, while?Choon Chong Tay?shares?his insight on a potential?revival of deal activity in China.?

In funding news, Vertex Ventures SEA & India made their climate tech investment with their investment in?Fairatmos (SEAI)?as part of their USD4.5M seed round;?Validus Capital (SEAI & Growth)?raised its first trache of Series C round?while?LeLecha (CN)?raised USD75M from Nayuki Holding.

Under Growth,?Evisort (US)?launched?the industry’s first generative artificial intelligence for contract intelligence;?Guesty (IL)?opened its first Philippines office in Cebu?and?Patsnap (SEAI & Growth)?partnered with Anaqua to deliver an end-to-end IP management solution for pharmaceutical industry clients.?

Finally, watch?our video interview with Dror Katzav, CEO of Atidot (IL)?as he shares his thoughts on how AI will enable insurers to better monetise data, tackling ethical issues around AI and discrimination, and lastly the golden question of whether insurtech will disrupt the insurance industry.?

- Vertex Partnership Group


Portfolio News

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Vertex Ventures SEA & India's first climate tech investment with?Fairatmos (SEAI)'s USD4.5M seed round

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Allay Therapeutics (HC & Growth) invested by Evonik to develop Pain Therapy Implants

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Evisort (US) launched the industry’s first generative AI for contract intelligence

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Navina (IL) selected as one of Globes 10 Most Promising Startups for 2022

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Recbio (CN) obtained clinical trial approval for its new adjuvanted recombinant vaccine in Philippines

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Nium (SEAI & Growth) partnered with Paycell for International Money Transfers

Read more portfolio news here.


Vertex Perspectives

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Moving Upmarket? Here's a Checklist by Tami Bronner

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Outlook 2023: ESG investors shift focus to transitioning high-emissions industries, impact in 2023 by Puiyan LEUNG

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Lessons Learnt as an Early Stage Investor by Carmen Yuen


Watch:?How will AI impact the Insurance industry? Interview with Dror Katzav, CEO Atidot

Insurance companies amass lots of data, but how can they best make sense of it? Will an AI-driven insurance industry pose ethical issues such as discrimination?

Dror Katzav , CEO of Atidot , a leading AI company for the life insurance industry, shares his thoughts on the topic.

Watch our?video interview?with Dror.


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