SG’s Vickers Venture leads $11m funding in biotech firm Emergex Vaccines

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Biotech company Emergex Vaccines Holding Limited has raised over $11 million in a Series A round led by Singapore-based venture capital firm Vickers Venture Partners, according to a statement.

Founded in 2016, Emergex, a UK-based biotechnology company, claims to have developed vaccines to address some of the world’s most immediate health threats such as Dengue Fever, Zika, Ebola, pandemic flu and serious intra-cellular bacterial infections.

With this investment, Chairman of Vickers Venture Partners Dr. Finian Tan will join Emergex’s board of directors. Vickers will assist Emergex with growth at the strategic level and connect the company to its networks of investment and industry partners.

The financing supports the progress of Emergex’s development pipeline, including a first-in-man Phase 1 clinical trial of its Flavivirus (Dengue) vaccine in Switzerland, as well as Phase 1b clinical trials in the endemic regions of Singapore and Brazil.

Proceeds will also support the Universal Influenza and Filovirus programmes through the preclinical stages and early clinical trials.

Emergex’s technology “allows vaccines to be produced quickly, administered easily and sold at a fraction of current prices,” said Dr Finian Tan, chairman of Vickers Venture Partners.

Vickers Venture Partners is one of the leading venture capital firms focused on life sciences and deep tech.

Recently, Vickers has co-led $40 million in an oversubscribed financing round in Singapore-headquartered medical technology company AWAK Technologies.

In September, we reported that Vickers Venture Partners was set to hit the first close of its $500 million sixth fund in the first week of October. Vickers’s $500-million sixth fund is one of Southeast Asia’s largest VC funds, targeting to invest in 30 to 50 companies in biotechnology, nanotechnology, and artificial intelligence.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.