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Minervax
Engaged in clinical development of a Group B Streptococcal vaccine targeting pregnant women for the prevention of life-threatening infections in newborns
About Minervax
MinervaX is a healthcare startup focused on developing a maternal vaccine to combat Group B Streptococcus (GBS), a bacteria that can cause severe infections in newborns and adverse pregnancy outcomes. GBS is a common bacteria found in about 20% of pregnant women and is the leading cause of life-threatening infections in newborns in their first three months. It's responsible for a significant number of neonatal diseases, stillbirths, preterm deliveries, and long-term neurological damage in babies worldwide.
Currently, the prevention of GBS in newborns is a major vaccine objective identified by the US National Institute of Health. However, no universally effective vaccine has been approved yet. The existing intervention involves administering large amounts of preventative antibiotics to pregnant women, which has led to widespread antibiotic resistance and potential impacts on neonatal development.
MinervaX aims to address this issue by developing a vaccine based on adjuvanted proteins antigens that cover almost 100% of clinical GBS isolates. In simpler terms, the vaccine is designed to stimulate the body's immune response against GBS, providing protection to both the mother and the baby.
The company operates in the global healthcare market, specifically in the vaccine development sector. Its primary clients are healthcare providers who would administer the vaccine to pregnant women. MinervaX's business model revolves around the research, development, and eventual commercialization of this vaccine. The company would generate revenue through the sale of the vaccine to healthcare providers and institutions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Hellerup, Denmark
- Employees
- 83
- Open positions
- None listed
- Dealroom signal
- 88.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Developer Tools, Biotechnology, Biotech and Pharma, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Denmark, Hard Tech, Horizon Europe, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Oct 2023 | $59M | $238M | Industrifonden · Novo Holdings · OrbiMed · Sanofi Ventures | ↗ |
| DEBTDebt | Dec 2022 | $55M | — | European Investment Bank | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Minervax is 410 monthly website visits, down 62.7% over the last three months. Minervax's team grew 1.2% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Innovation Fund Denmark
Series A9 investors entered at this stage
Heartcore Capital
Novo Seeds
Wellington Partners
Lauritzen Fonden
Industrifonden
Sanofi Ventures
Repair Impact Fund
Sunstone Life Science Ventures
Adjuvant Capital
Series B and later8 investors entered at this stage
Novo Holdings
European Investment Bank
Pureos Bioventures
Trill Impact- LILF Investment.
OrbiMed
EQT Group- LILF Invest
Other known investors1 additional known investor
Novo Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Minervax on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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