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Centivax Secures $37 Millio...

Centivax Secures $37 Million Investment Led By Structure Fund For Universal Flu Vaccine Development
SOLD

Centivax Secures $37 Million Investment Led By Structure Fund For Universal Flu Vaccine Development

Building Size

Asset Type

Closing

Mar 30, 2026

AI

Centivax, a South San Francisco-based developer of a universal flu vaccine, raised $37 million in a funding round led by Structure Fund. Other participants in this transaction include Meiji Seika Pharma Co., Sigmas Group, Kendall Capital Partners, and Stripe founders Patrick and John Collison.

Summary of transaction details:

  • Deal Type: Funding Round
  • Transaction Amount: $37,000,000
  • Company Headquarters: South San Francisco, California
  • Founder's Name: Dr. Jacob Glanville
  • Notable Investors: Structure Fund, Meiji Seika Pharma Co., Sigmas Group, Kendall Capital Partners, Patrick Collison, John Collison

Led by CEO Jacob Glanville, Centivax aims to utilize the funding to expand operations and advance its development programs, particularly its first asset—a universal flu vaccine in GMP, which has demonstrated proof-of-concept with support from various organizations including the Bill and Melinda Gates Foundation, the Department of Defense, the Army, the Navy, and the National Institutes of Health. Additionally, Centivax's platform enables the development of broadly neutralizing therapeutics and vaccines for cancer and other indications, bolstered by a collaboration with Emery Pharma for GLP/CGMP-compliant testing initiated in 2025.

Players

Patrick Collison

Stripe

Buyer

7 deals

Buyer
S
StripeBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93