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Minervax Announces 72M Eur Financing To Advance Development Of Novel Vaccine Against Group B Streptococcus

PRIVATEDec 15, 2022

Round Type

Funding Round

CopenhagenBiotechnology

Investors

European Investment BankAdjuvant CapitalSanofi VenturesWellington PartnersLF InvestmentRepair Impact FundPureos BioventuresTrill Impact Ventures

Description

MinervaX ApS, a privately held Danish biotechnology company developing a novel vaccine against Group B Streptococcus (GBS), today announces the successful completion of a 72 million EUR financing round. The equity financing of 22 million EUR was co-led by new investors Trill Impact Ventures and Pureos Bioventures and includes existing investors REPAIR Impact Fund (Novo Holdings), Sunstone Life Science Ventures, LF Investment, Wellington Partners, Sanofi Ventures, Adjuvant Capital and Industrifonden. In addition to the equity financing, the European Investment Bank provided a 50 million EUR loan facility.

Quick answer

MinervaX raised an undisclosed amount in a Funding Round round, dated December 15, 2022. Investors: European Investment Bank, Adjuvant Capital, Sanofi Ventures, Wellington Partners, LF Investment, Repair Impact Fund, Pureos Bioventures and Trill Impact Ventures. MinervaX is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did MinervaX raise?
MinervaX raised an undisclosed amount in a Funding Round round on December 15, 2022.
Who invested in MinervaX?
European Investment Bank, Adjuvant Capital, Sanofi Ventures, Wellington Partners, LF Investment, Repair Impact Fund, Pureos Bioventures and Trill Impact Ventures are named as investors in this round.
What does MinervaX do?
MinervaX is a Danish biotechnology company, established in 2010 to develop a prophylactic vaccine against Group B Streptococcus (GBS), based on research from Lund University.
Where is MinervaX based and how big is it?
MinervaX is based in Copenhagen, Capital Region Of Denmark, Denmark.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Enzene raised $50M (Funding Round) on January 29, 2023.
  • Alloplex Biotherapeutics, Inc. raised $21M on January 27, 2023.
  • Grey Wolf Therapeutics raised $49M (Funding Round) on January 27, 2023.
  • Inhibikase Therapeutics raised $4.2M (Seed) on January 27, 2023.
  • Colossal Biosciences raised $163M on January 27, 2023.
  • Avenzo Therapeutics raised $243K (Pre-Seed) on January 27, 2023.

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Company Information

Company

MinervaX

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

MinervaX is a Danish biotechnology company, established in 2010 to develop a prophylactic vaccine against Group B Streptococcus (GBS), based on research from Lund University. MinervaX is developing a GBS vaccine for maternal immunization, likely to have superior characteristics compared with other GBS vaccine candidates in development. The latter are based on traditional capsular polysaccharide (CPS) conjugate technology. By contrast, MinervaX's vaccine is a protein-only vaccine based on fusions of highly immunogenic and protective protein domains from selected surface proteins of GBS (the Alpha-like protein family). Given the broad distribution of proteins contained in the vaccine on GBS strains globally, it is expected that MinervaX's vaccine will confer protection against virtually 100% of all GBS isolates. www.minervax.com

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.