Tech Company Financing Transactions
MinervaX Funding Round
On 10/11/2023, MinervaX raised $56.8 million in financing from EQT Life Sciences, OrbiMed and Adjuvant Capital.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$56,768,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its efforts to commence a Phase III clinical trial of its Maternal Vaccine against Group B Streptococcus.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Ole Maaløes Vej 3
Copenhagen N, DK-2200
DK
Copenhagen N, DK-2200
DK
Phone
Undisclosed
Website
Email Address
Overview
MinervaX is pursuing the development of a maternal vaccine for the prevention of adverse pregnancy outcomes and life-threating infections caused by Group B streptococcus (GBS). The vaccine is based on adjuvanted proteins antigens covering close to 100% of clinical GBS isolates.
Management Team
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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