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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
client focusb2bsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorDeveloper ToolssectorBiotechnologysectorBiotech and PharmasectorNordic Rising Star 2022sectorTop 50 Nordic Rising Star 2022 DenmarksectorHard TechsectorHorizon EuropesectorDT and LSsectorscience-based

Valuation & funding

Minervax funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
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
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits410 3-month web change-62.7% 1-year team growth+1.2%
Monthly website visits103 observations · Feb 2016–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Minervax compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Zealand PharmaDiscovery, design and development of innovative peptide-based medicines Søborg, Denmark Operational 629 $165M $1.4B
Alginor ASAAlginor's green innovation, AORTA, increases the utilisation ratio of seaweeds from approximately 15 to 100% without using formaldehyde and other harmful chemicals Haugesund, Norway Operational
ADCendoA Copenhagen-based biotech company dedicated to developing highly differentiated antibody-drug conjugates (ADCs) for the treatment of underserved cancers Copenhagen, Denmark Operational
CYTOKIA pre-clinical biotechnology company with focus on serious diseases caused by epithelial injury having an unmet medical need Værløse, Denmark Operational
Valo TherapeuticsAn immunooncology company developing tumour antigen-coated oncolytic viruses as therapeutic vaccines Helsinki, Finland Operational
Asgard TherapeuticsSpin-off company from Lund University focusing on developing cancer immunotherapies based on cell fate reprogramming Lund Municipality, Sweden Operational
SynklinoStrives to provide rapid relief and improve long-term survival for transplant recipients by providing fast and safe eradication of cytomegalovirus (CMV) infections Copenhagen, Denmark Operational
SNIPR BiomeSNIPR Biome is to develop CRISPR-based medicines that give hope for effective and safe treatment of difficult-to-treat diseases in the future Copenhagen, Denmark Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Minervax's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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.

Seed 1 investor entered at this stage
Innovation Fund Denmark
Series A 9 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+ 8 investors entered at this stage
Novo Holdings
European Investment Bank
Pureos Bioventures
Trill Impact
LF Investment.
OrbiMed
EQT Group
LF Invest
Other known 1 additional known investor
Novo Ventures

Global footprint

Where Minervax has talent and traffic

Workforce by country
7 countries with
team presence
🇸🇪 Sweden49.2%
🇩🇰 Denmark37.7%
🇺🇸 United States6.6%
🇩🇪 Germany1.6%
🇦🇹 Austria1.6%
Top 5 of 7 shown

In the news

Latest news about Minervax

Recent press, funding announcements, and product moves mentioning Minervax — open to read from the original sources.

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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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