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Minervax
Biotech & Life Sciences · Hellerup, Denmark · Founded 2010
Engaged in clinical development of a Group B Streptococcal vaccine targeting pregnant women for the prevention of life-threatening infections in newborns MoreLess
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.
Keywords: MinervaX, maternal vaccine, Group B Streptococcus, GBS, neonatal infections, vaccine development, healthcare market, antibiotic resistance, adverse pregnancy outcomes, commercialization.
Company overview
Minervax company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2010
- Headquarters
- Hellerup, Denmark
- Employees
- 83
- Open positions
- None listed
- Dealroom signal
- 88.0
Valuation & funding
Minervax 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 | ↗ |
| LATE VCOther financing | Dec 2022 | $24M | $261M | Wellington Partners · Novo Holdings · Sunstone Life Science Ventures · Adjuvant Capital | ↗ |
| SERIES BOther financing | Dec 2020 | $52M | $209M | Lauritzen Fonden · Industrifonden · Novo Holdings · Sanofi Ventures | — |
| LATE VCOther financing | Jan 2019 | $5M | $20M | Heartcore Capital · Novo Holdings | ↗ |
| GRANTOther financing | Sep 2016 | Innovation Fund Denmark | — | ||
| EARLY VCOther financing | Feb 2016 | Undisclosed | — | ||
| EARLY VCOther financing | Jan 2014 | Heartcore Capital · Novo Seeds | — | ||
| FundingOther financing | Jan 2013 | Novo Ventures | — | ||
| GRANTOther financing | Jan 2012 | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $670K | 0% | 83 |
| 2025 | $670K | 0% | 82 |
| 2024 | $670K | 0% | 67 |
| 2023 | $670K | 0% | 44 |
| 2022 | $670K | 0% | 21 |
| 2021 | $670K | 0% | 17 |
| 2020 | $670K | — | 4 |
Growth signals
Minervax website traffic
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.
Comparisons
Minervax compared with similar companies
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Talent graph
Minervax's talent
Source: Dealroom Talent Intelligence.
Investors
19 investors on Minervax's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.


Global footprint
Where Minervax has talent and traffic
team presence
In the news
Latest news about Minervax
Recent press, funding announcements, and product moves mentioning Minervax — open to read from the original sources.
Market sentiment
What the market is saying about Minervax
An AI-synthesized read of the highest-engagement posts about Minervax on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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