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§ Private Profile · Cambridge, MA, USA
Clinical-stage biopharmaceutical company developing vaccines for infectious diseases using its MAPS platform combining polysaccharides and proteins.
Affinivax is a Cambridge, Massachusetts-based clinical-stage biopharmaceutical company that develops novel vaccines for infectious diseases using its proprietary Multiple Antigen Presenting System platform. The biotechnology firm focuses on creating vaccine candidates that target both polysaccharides and proteins to induce broad protective immune responses against antimicrobial-resistant pathogens and pneumococcal bacteria. Prior to its corporate exit, the enterprise raised over $300 million in total venture funding, which included a $226 million Series C financing round co-led by Rock Springs Capital and Foresite Capital. Global pharmaceutical corporation GSK acquired the business in August 2022 for a $2.1 billion upfront payment alongside up to $1.2 billion in potential future development milestones. Affinivax was founded in 2014 by Steven Brugger, Rick Malley, Yingjie Lu, Fan Zhang, and George Siber with initial seed funding from the Bill and Melinda Gates Foundation.
Affinivax has raised $356.5M across 4 funding rounds.
Affinivax has raised $356.5M in total across 4 funding rounds.
Affinivax has raised $356.5M across 4 funding rounds. Most recently, it raised $230.0M Series C in January 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2021 | $230M Series C | Foresite Capital, Kris Jenner | Bain Capital Life Sciences, BlackRock, Citadel, Cormorant Asset Management, EcoR1 Capital, Logos Capital, Perceptive Advisors, T. Rowe Price Associates, Viking Global Investors, Wellington Management, Ziff Capital Partners | Announced |
| Apr 1, 2020 | $120M Series B | Viking Global Investors | Bain Capital Life Sciences, Steven M. Altschuler | Announced |
| Feb 5, 2016 | $2.5M Venture Round | Bill & Melinda Gates Foundation | — | Announced |
| Oct 30, 2014 | $4M Seed | Trevor Mundel | — | Announced |
Affinivax is a clinical-stage biopharmaceutical company that develops a novel class of vaccines using its proprietary Multiple Antigen Presenting System (MAPS™) technology platform. This platform enables the design of vaccines that induce broad and robust immune responses by targeting both disease-relevant polysaccharides and proteins in a single vaccine. Affinivax primarily serves patients at risk of infectious diseases, focusing on pathogens like Streptococcus pneumoniae and SARS-CoV-2, aiming to address major healthcare challenges posed by resistant and novel infectious diseases. The company has demonstrated growth momentum through advancing multiple vaccine candidates into clinical trials and securing significant financing rounds, including a $226 million Series C, and was acquired by GSK to further strengthen its vaccine pipeline[1][2][4][5].
Founded in 2014 by experts in infectious diseases and vaccines, Affinivax emerged from an exclusive license to the MAPS technology from Boston Children’s Hospital and initial seed funding from the Bill & Melinda Gates Foundation. The idea originated from the need to improve vaccine efficacy by combining polysaccharide and protein antigens to elicit both B-cell and T-cell immune responses. Early pivotal moments include successful Phase 1/2 clinical trials of their lead pneumococcal vaccine candidate (ASP3772), which showed good immune responses and safety, and gaining Breakthrough Therapy designation from the FDA. Partnerships with organizations like CEPI to develop COVID-19 vaccines further highlight its innovative trajectory[2][4][5][6].
Affinivax rides the trend of next-generation vaccine development focused on broad-spectrum and durable immunity, addressing the urgent global need for vaccines effective against resistant and emerging infectious diseases. The timing is critical due to increasing antimicrobial resistance, the COVID-19 pandemic’s lessons, and the demand for vaccines that can adapt quickly to variants. Market forces favor innovative platforms like MAPS that can accelerate vaccine development and improve efficacy. Affinivax’s technology influences the broader ecosystem by pushing the boundaries of vaccine design, potentially enabling new preventive and therapeutic vaccines beyond traditional approaches[1][4][6].
Affinivax’s future lies in advancing its pipeline of MAPS-based vaccines through late-stage clinical trials and regulatory approvals, expanding indications beyond pneumococcal disease to other infectious threats including COVID-19 variants. Trends shaping its journey include the growing emphasis on vaccines that provide multi-antigen immunity and the integration of platform technologies for rapid response to pandemics. As part of GSK, Affinivax is positioned to scale its impact globally, potentially transforming vaccine development and contributing significantly to infectious disease prevention worldwide. Its innovative platform and strategic partnerships suggest a strong trajectory toward becoming a leader in next-generation vaccines[4][5][6].
Affinivax has raised $356.5M in total across 4 funding rounds.
Affinivax's investors include Foresite Capital, Kris Jenner, Bain Capital Life Sciences, BlackRock, Citadel, Cormorant Asset Management, EcoR1 Capital, Logos Capital, Perceptive Advisors, T. Rowe Price Associates, Viking Global Investors, Wellington Management.