VERAXA

Heidelberg, Germany Founded: 2017 • Age: 9 yrs
Antibody therapeutics for cancer treatment are developed via microfluidic screening.
Annual revenue - Latest available
Total funding $3.4M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About VERAXA

VERAXA is a company based in Heidelberg (Germany) founded in 2017 by Edward A. Lemke, Christoph A. Merten, and Christine Köhler. VERAXA has raised $3.41 million across 1 funding round. VERAXA has completed 1 acquisition, including SYNIMMUNE. VERAXA offers products and services including BiTAC Technology, ADC Technology, and Functional Antibody Screening. VERAXA operates in a competitive market with competitors including Guardant Health, Foundation Medicine, ArcherDX, Natera and Strand Life Sciences, among others.

  • Headquarter Heidelberg, Germany
  • Founders Edward A. Lemke, Christoph A. Merten, Christine Köhler
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Veraxa Biotech Gmbh
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.41 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.41 M (USD), Series B

    Jun 27, 2019

  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of VERAXA

VERAXA offers a comprehensive portfolio of products and services, including BiTAC Technology, ADC Technology, and Functional Antibody Screening.

Product name locked
Category locked
Primary

Platform for bispecific T-cell engagers in oncology treatments.

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Technology for antibody-drug conjugates targeting cancer with reduced side effects.

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Method for screening antibodies to enhance therapeutic development.

People of VERAXA

Headcount 10-50
Employee Profiles 12
Board Members and Advisors 6
Employee Profiles
People
Christoph Antz
CEO & Co-Founder
People
Lars Hufnagel
CTO
People
Michael Ruppert
Head of BD & Licensing
People
Marian Weiss
Director Microfluidics

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Board Members and Advisors
people
Berthold Hackl
Chairman of the Board
people
Norbert Windhab
Board Member
people
David L. Deck
Board Member
people
Heinz Schwer
Board Member

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Funding Insights of VERAXA

VERAXA has successfully raised a total of $3.41M through 1 strategic funding round. The most recent funding activity was a Series B round of $3.41 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by VERAXA

VERAXA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SYNIMMUNE.

Investments
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Investment portfolio details for VERAXA

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Acquisitions
Company Name Description Domain Location Founded Year Amount
German, early-stage biotech developing mono- and bi-specific antibodies for cancer treatment
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Complete acquisition details for VERAXA

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Financial Statements - VERAXA

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Detailed financials for VERAXA

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Veraxa Comparisons

VERAXA Primary company
Description
Antibody therapeutics for cancer treatment are developed via...
Location
Heidelberg, Germany
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for VERAXA

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Competitors of VERAXA

VERAXA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guardant Health, Foundation Medicine, ArcherDX, Natera and Strand Life Sciences, among others.

Company Name Domain Founded year HQ Location Description
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Digital sequencing technology for cancer detection is developed.
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Genomics-based diagnostic tests for cancer are provided.
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Molecular cancer diagnostic products are developed using patented AMP technology.
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Developer of cell-free DNA testing for oncology, women’s health, and organ health
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Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery
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Genetically engineered cell therapies are developed for multiple disorders.
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Detailed competitors of VERAXA

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Latest news on Veraxa

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Complete news archive for VERAXA

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Frequently Asked Questions about VERAXA

VERAXA was founded in 2017 and raised its 1st funding round 2 years after it was founded.

VERAXA is headquartered in Heidelberg, Germany. It is registered at Heidelberg, Baden-wurttemberg, Germany.

VERAXA is a funded company, having raised a total of $3.41M across 1 funding round to date.

VERAXA was founded in 2017 in Heidelberg, Germany, within the biotechnology sector. Antibody therapeutics for oncological conditions are developed through ADC engineering and functional antibody screening. Droplet-based microfluidic screening technology is utilized, along with innovative antibody and protein conjugation methods, to generate antibodies against complex target molecules. Operations focus on advancing treatments for cancer.

VERAXA's top competitors include Guardant Health, Strand Life Sciences and Foundation Medicine.

VERAXA offers BiTAC Technology, ADC Technology, and Functional Antibody Screening.

VERAXA has made 1 acquisition, including SYNIMMUNE.

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