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Venture Capital News: VLP Therapeutics Raises $21M Series A-1

2021-12-28
GAITHERSBURG, MD, VLP Therapeutics has announced an investment of $21 million in a Series A-1 financing round.
VLP Therapeutics (VLPT) announced on December 27 that it has signed an agreement for an investment of $21 million in a Series A-1 round from six investors, consisting of two new investors: Nobelpharma Co., Ltd. and MUFG Bank, Ltd., and four existing investors: Sojitz Corporation, MIYAKO Capital Co., Ltd., Mr. Robert G. Hisaoka and SK Impact Fund, LLC.

VLP Therapeutics, co-founded in 2013 by Drs. Wataru Akahata, Ryuji Ueno, and Sachiko Kuno, is a biotech company with a mission to address unmet medical needs worldwide and expand the frontiers of vaccine treatment. Led by CEO Akahata VLPT is currently engaged in research and development of a cancer treatment vaccine as well as prophylactic vaccines against malaria, dengue, etc. using VLPT's proprietary platform technologies.
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