SWITZERLAND – EdRIF leads CHF 25m funding round for GlycoVaxyn
Edmond de Rothschild Investment Partners (EdRIF) has led a CHF 25m series-B funding round for vaccines company GlycoVaxyn SA, alongside existing investors Index Ventures and Sofinnova Partners.
GlycoVaxyn develops conjugate vaccines against bacterial infections based on its proprietary in-vivo glycosylation platform. The lead conjugate vaccines in development are directed against Shigella dysenteriae, to prevent serious intestinal infections, and against hospital acquired Staphylococcus aureus. GlycoVaxyn also has active programs against N. meningitidis and Group A Streptococcus.
GlycoVaxyn, a spin-out of the Swiss Federal Institute of Technology (ETH), is based in Schlieren, near Zurich.
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