# POSVAX CO.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/posvax-co

- Industry: Biotechnology
- Headquarters: Seoul, South Korea
- Website: www.posvax.com
- Total disclosed funding: $19M
- Latest round: Series B (Jan 26, 2021)
- Investors on record: 10

## About

Established in 2018 and based in Seoul, South Korea, POSVAX CO. LTD operates as a biotech company, developing preventive vaccines for cervical cancer, head and neck cancer, RSV and Alzheimer's disease. In August 2019, the company raised KRW 5000 in series A funding from new investors Kiwoom Investment, HB Investment, AJU IB Investment and AF Investment while in January 2021, the company riased KRW 16000 in series B funding. In 2019, the company conducted preclinical trial of 9-valent HPV vaccine.

The company possesses VLP Platform Technology, which is a next-generation vaccine technology that uses natural virus-like structures (VLPs) to improve the safety and efficacy of vaccines New technology to deliver drugs to specific targets using VLPs. This technology can be used to produce preventive vaccines such as the 9-valent HPV vaccine, alzheimer's disease vaccine and respiratory syncytial virus vaccine. By using the VLP platform, the company can develop novel anti-cancer drugs with excellent cell permeability.

## Funding rounds

- Series B, Jan 26, 2021, $14M — AJU IB Investment, KDB Capital, HB Investment, Kiwoom Investment, DT&Investment, LSK Investment, Hana Securities, Maple Investment Partners, Be High Investment
- Series A, Aug 2, 2019, $4.1M — AJU IB Investment, HB Investment, Kiwoom Investment, AF Investment

## Investors

- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series A, Series B
- HB Investment (https://capitalatlas.ai/funds/hb-investment) — Series A, Series B
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series A, Series B
- AF Investment — Series A
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series B
- DT&Investment (https://capitalatlas.ai/funds/dt-investment) — Series B
- LSK Investment (https://capitalatlas.ai/funds/lsk-investment) — Series B
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series B
- Maple Investment Partners (https://capitalatlas.ai/funds/maple-investment-partners) — Series B
- Be High Investment (https://capitalatlas.ai/funds/be-high-investment) — Series B