Strep B vaccine developer raises 72 million euros in Series B and EIB loan

15 December 2022

A Danish company developing a vaccine against group B streptococcus (GBS) - an infection often known as Strep B - has 72 million ($77 million) euros more to spend.

MinervaX raised the funds in a Series B financing of 22 million euros and through a 50 million euros loan from the European Investment Bank.

The financing round was was co-led by new investors Trill Impact Ventures and Pureos Bioventures, and includes existing investors Novo Holdings, Sunstone Life Science Ventures, LF Investment, Wellington Partners, Sanofi Ventures, Adjuvant Capital and Industrifonden.

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