MinervaX
Minervax ApS develops vaccines against Group B streptococcus (GBS) infections
MinervaX has raised €178M across 5 funding rounds from 16 investors, most recently a round in Oct 2023. Based in Hellerup, Denmark; founded 2010; active in Healthtech. Data as of 28 Oct 2026.
Total raised
€178M
€177,800,000
Funding rounds
5
Investors
16
distinct backers
Active since
2019-01
latest 2023-10
Funding by year
EUR raised per yearMinervaX — funding by year — interactive chart.
Data table
| MinervaX — funding by year | |
|---|---|
| 2018 | €4.4M |
| 2020 | €47M |
| 2022 | €72M |
| 2023 | €54M |
Signals
High confidenceRaise-next likelihood6
base rate 30% for Other
- ▼ Past typical raise window
- ▼ Low backer re-investment
Exit likelihood12
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 5 rounds raised
- ▼ Old (16y) — past typical exit age
- ▼ No recent equity round (debt-only or quiet)
Timing: overdue vs cohort gap · momentum flat. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
5 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2023-10-11 | Other | €54M | Adjuvant Capital,EQT Life Sciences,Industrifonden,LF Investment,Novo Holdings,OrbiMed+5 more | View deal → |
| 2022-12-16 | Debt | €50M | European Investment Bank | View deal → |
| 2022-12-16 | Other | €22M | Adjuvant Capital,Industrifonden,LF Investment,Pureos Bioventures,Repair Impact Fund,Sanofi Ventures+3 more | View deal → |
| 2020-12-15 | Series B | €47M | — | View deal → |
| 2019-01-01 | Other | €4.4M | Repair Impact Fund,Sunstone Capital | View deal → |
Investors
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Global coverage: FundingData