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GPN Vaccines secures $18 million in Series B led by Forepont Capital, Kern Capital and Shearwater Capital

PRIVATEJun 07, 2024

Amount Raised

$18 Million

Round Type

Series B

YarralumlaBiotechnology

Investors

Shearwater CapitalKern CapitalForepont Capital

Description

Adelaide-based biotechnology company GPN Vaccines has secured $18 million in an oversubscribed Series B1 investment round co-led by Forepont Capital, Kern Capital, and Shearwater Capital. The funding will enable GPN Vaccines to continue the clinical evaluation of Gamma-PNTM, invest in a pipeline of new vaccine opportunities, and position the company for its next stage of development.

Quick answer

GPN Vaccines raised $18 Million in a Series B round, dated June 7, 2024. Investors: Shearwater Capital, Kern Capital and Forepont Capital. GPN Vaccines is based in Yarralumla, Australian Capital Territory, Australia.

How much did GPN Vaccines raise?
GPN Vaccines raised $18 Million in a Series B round on June 7, 2024.
Who invested in GPN Vaccines?
Shearwater Capital, Kern Capital and Forepont Capital are named as investors in this round.
What does GPN Vaccines do?
GPN Vaccines is an Adelaide-based biotechnology company founded in 2017.
Where is GPN Vaccines based and how big is it?
GPN Vaccines is based in Yarralumla, Australian Capital Territory, Australia. Fundz records about 36 employees.
Who are the decision-makers at GPN Vaccines?
Fundz holds 4 contacts at GPN Vaccines, including the Director, International (Asia). Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as GPN Vaccines that raised within 45 days of this round, from Fundz verified event records.

  • Hepion Pharmaceuticals raised $2.9M on July 19, 2024.
  • Biodexa Pharmaceuticals raised $5M on July 19, 2024.
  • Rona Therapeutics raised $35M (Series A) on July 19, 2024.
  • GRO Biosciences raised $60M (Series B) on July 19, 2024.
  • Ignitedata (Delaware) raised $500K on July 19, 2024.
  • Ensho Therapeutics raised $400K on July 19, 2024.

Who to call at GPN Vaccines, and when

A new round usually means GPN Vaccines is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day GPN Vaccines raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at GPN Vaccines, from your own LinkedIn network

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Company Information

Company

GPN Vaccines

Location

Yarralumla, Australian Capital Territory, Australia

About

GPN Vaccines is an Adelaide-based biotechnology company founded in 2017. The company is focused on developing a novel, whole-cell vaccine to provide broad-spectrum protection against streptococcus pneumoniae, a bacterial pathogen responsible for illnesses such as sinusitis, life-threatening pneumonia, middle ear infection, and sepsis in the very young and elderly.

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Related People

4 contacts
Verified contactsJosephine, Director, International (Asia) hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

GPN Vaccines raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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