Centivax reposted this
Centivax raised another $37M! Many vaccine companies are struggling to finance in the midst of extreme regulatory uncertainty. But Centivax has managed to differentiate and continue to attract capital. Last year, we were proud to join the mission for the $45M Series A. Since then, Centivax has started Phase 1 studies for their universal flu vaccine. Now, their next round has been pre-empted by a syndicate including some of the most impactful entrepreneurs in the game right now. $37M in fresh capital led by Structure Fund (Oliver Mulherin & Sam Altman), alongside Meiji Seika Pharma Co., Sigmas Group, Kendall Capital Partners, and Stripe founders Patrick and John Collison. I attribute this to: 1) a potentially world-changing scientific platform (one of the most exciting possible applications of computational biology) and 2) a world-class team led by a true visionary CEO in Jake Glanville. We are now capitalized through Phase 2. As Jake says, "If our data looks good by the end of this year, effectively, the pandemic era for influenza is over." (Link to news coverage in comments.)