Adjuvant Capital

Adjuvant Capital accounts for 11 tracked companies with verified cap-table data, 11 of which disclose round sizes totalling $1.2B. The median disclosed raise is $71M, and the largest is Univercells at $300M, ahead of Curevo ($192M) and Minervax ($127M).

The names that recur most often on these co-invested cap tables are Adjuvant Capital (11 companies), Global Health Investment Fund (2 companies), OrbiMed (2 companies), Sanofi Ventures (2 companies), SFPI (1 company), KKR (1 company). By latest disclosed round, the market skews Series B (3), Series A (3), Series C (2), Growth (1).

• Companies tracked: 11
• Disclosed funding total: $1.2B across 11 companies
• Median disclosed raise: $71M
• Largest raise: Univercells — $300M
• Stage mix: Series B 3 · Series A 3 · Series C 2 · Growth 1
• Most recent dated round: 2025-03-17

Best funded Adjuvant Capital companies

1. Univercells — $300M (latest: Growth)
2. Curevo — $192M (latest: Series B)
3. Minervax — $127M
4. Pulmocide — $122M (latest: Series C)
5. Themis Bioscience — $95M (latest: Series D)
6. Excision BioTherapeutics — $71M (latest: Series A)
7. DEM BioPharma — $70M (latest: Series A)
8. Memo Therapeutics — $69M (latest: Series C)
9. Codagenix — $49M (latest: Series B)
10. 54gene — $45M (latest: Series B)
11. LimmaTech Biologics — $37M (latest: Series A)

Adjuvant Capital — related firms and companies (54)

• Univercells
• Curevo
• Minervax
• Pulmocide
• Themis Bioscience
• Excision BioTherapeutics
• DEM BioPharma
• Memo Therapeutics
• Codagenix
• 54gene
• LimmaTech Biologics
• Adjuvant Capital portfolio companies 2026
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Adjuvant Capital profile · All research reports