Vanqua Bio Valuation, Funding & Investors

Vanqua Bio is valued at $333M as of July 2024.

Last Vanqua Bio valuation

$333M

Undisclosed stage · Jul 2024

Last Vanqua Bio funding round

$45M

Undisclosed stage · Jul 2024

Cumulative funding Vanqua Bio raised

$130M

across 2 funding rounds

Key investors in Vanqua Bio

  • OrbiMed
  • Casdin Capital
  • OUP (Osage University Partners)
  • Eli Lilly
  • Omega Funds
  • Pontifax

Vanqua Bio Overview

About Vanqua Bio

Vanqua Bio is a Cambridge, Massachusetts-headquartered biotech firm developing therapies for neurodegenerative diseases like Parkinson's and ALS using a platform that screens human genetics and patient-derived neurons targeting lysosomal storage disorders and innate immune activation pathways.


Founded

2019

HQ

United StatesChicago, IL

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$333M (Jul 2024)

Vanqua Bio Valuation

Vanqua Bio is currently valued at $333M, based on its undisclosed-stage round in July 2024.

Vanqua Bio valuation by funding round

Vanqua Bio valuation by funding round
DateStageValuation
Jul 2024Undisclosed stage$333M

Vanqua Bio Funding History

Vanqua Bio has raised a total of $130M across 2 funding rounds.

Vanqua Bio's first fundraising round was a $85M Series B in September 2021. The most recent completed round was a $45M undisclosed-stage round in July 2024.

Vanqua Bio funding rounds

Vanqua Bio funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2024Undisclosed stage-$45M$333MVanqua Bio is a Chicago-based biopharmaceutical company founded in 2019 dedicated to discovering and developing next-generation medicines for neurodegenerative diseases including Parkinson's disease, Alzheimer's disease, amyotrophic lateral sclerosis (ALS), and Gaucher disease. The company's scientific approach focuses on developing small-molecule activators of glucocerebrosidase (GCase) and programs targeting the innate immune system to address neurological conditions. In September 2021, Vanqua Bio closed an $85 million Series B financing round led by Omega Funds with participation from OrbiMed, Surveyor Capital (a Citadel company), Avoro Ventures, Casdin Capital, Pontifax, Eli Lilly and Company, Logos Capital, and Osage University Partners. The company's lead program targets GCase activation as a potential treatment for Parkinson's disease and Dementia with Lewy Bodies, with plans to advance GCase activators into human testing within two years following the Series B close. By July 2024, Vanqua Bio had achieved a Series B valuation of $333.4 million with total funding raised of approximately $149.2 million across multiple rounds. As a pre-clinical to early-stage clinical biotech company, Vanqua Bio does not publicly disclose revenue or EBITDA figures, which are typical for drug development companies in early stages that have not yet commercialized marketed products.
Sep 2021Series BOmega Funds (lead); Casdin Capital; Avoro Ventures; Eli Lilly; Logos Capital; Pontifax; OrbiMed; Surveyor Capital; OUP (Osage University Partners)$85M-Vanqua Bio, a Chicago-based biopharmaceutical company founded in 2019, launched with an $85 million Series B financing round on September 14, 2021, led by Omega Funds, with participation from Series A investor OrbiMed and new investors including Surveyor Capital (a Citadel company), Avoro Ventures, Casdin Capital, Pontifax, Eli Lilly and Company, Logos Capital, and Osage University Partners. The funding will accelerate development of its innovative therapeutic programs targeting neurodegenerative diseases such as Parkinson’s disease (PD), Gaucher disease (GD), Alzheimer’s disease (AD), and amyotrophic lateral sclerosis (ALS). Vanqua focuses on precision medicine approaches, including small-molecule activators of glucocerebrosidase (GCase) to restore lysosomal function, particularly for GBA-PD and GD, with plans to advance best-in-class GCase activators into human testing within two years. Additional programs target the complement pathway in the innate immune system for AD and ALS. The company’s technology leverages human genetics to identify disease causes, aiming to develop oral therapies that slow or stop disease progression. CEO Jim Sullivan, with prior experience at AbbVie and Abbott, emphasized the personal mission to bring hope to patients. At the time, Vanqua had about 15 employees and planned to grow its team in Chicago’s emerging biotech ecosystem, leveraging local academic labs and proximity to major biopharmas. The financing also enables consideration of in-licensing opportunities. No financial metrics such as post-money valuation, revenue, ARR, EBITDA, or valuation multiples were disclosed in announcements for this round.

Who has invested in Vanqua Bio?

9 investors have backed Vanqua Bio across its funding rounds, including OrbiMed, Casdin Capital, OUP (Osage University Partners), Eli Lilly, Omega Funds and Pontifax.

Lead investors include Omega Funds.


Vanqua Bio Investors

Investors in Vanqua Bio by funding rounds participated
InvestorHQRoundsRoleFirst check
Casdin CapitalUnited StatesNew York City, NY1ParticipantSep 2021
Avoro VenturesUnited StatesNew York City, NY1ParticipantSep 2021
Eli LillyUnited StatesIndianapolis, IN1ParticipantSep 2021
Logos CapitalUnited StatesSan Francisco, CA1ParticipantSep 2021
Omega FundsUnited StatesBoston, MA1LeadSep 2021
PontifaxIsraelHerzliya1ParticipantSep 2021
OrbiMedUnited StatesNew York City, NY1ParticipantSep 2021

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Vanqua Bio Competitors

Vanqua Bio competitors include listed companies like Abclon and Century Therapeutics, and private ones like Character Biosciences, CureGenetics, Valo Health and ReCode Therapeutics.

Public and private companies comparable to Vanqua Bio
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Character BiosciencesUnited StatesJersey City, NJPrivate--$356M-
CureGeneticsChinaSuzhouPrivate--$311M-
Valo HealthUnited StatesBoston, MAPrivate--$300M-
ReCode TherapeuticsUnited StatesDallas, TXPrivate--$372M-
AbclonSouth KoreaSouth KoreaPublicly listed$3M($12M)$293M-
Century TherapeuticsUnited StatesUnited StatesPublicly listed$109M($4M)$340M8.3x

Vanqua Bio Public Comps

Vanqua Bio is still privately-owned, but its public comps include Compass Therapeutics, Ildong Pharmaceutical, Julphar, Agenus, Evommune, Century Therapeutics, Sionna Therapeutics, Q32 Bio, Luzhu Biotech and Lexeo Therapeutics.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Compass Therapeutics-($73M)--(2.2x)(1.8x)
Ildong Pharmaceutical$413M$48M0.9x0.9x7.9x-
Julphar$293M$34M1.1x1.0x9.0x6.9x
Agenus$114M$62M3.0x2.6x5.5x-
Evommune$13M($71M)11.3x39.8x(2.1x)(1.4x)
Century Therapeutics$109M($4M)2.4x8.3x(66.6x)-
Sionna Therapeutics-($88M)--(1.4x)(1.0x)
Q32 Bio$54M$29M4.1x14.3x7.6x(10.2x)

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Common questions about Vanqua Bio

When was Vanqua Bio founded?Vanqua Bio was founded in 2019.
Where is Vanqua Bio headquartered?Vanqua Bio is headquartered in Chicago, IL, United States.
Is Vanqua Bio publicly listed?No, Vanqua Bio is a private, VC-backed company.
What is Vanqua Bio's valuation?Vanqua Bio was last valued at $333M in its undisclosed-stage round in July 2024.
How much funding has Vanqua Bio raised?Vanqua Bio has raised $130M across 2 funding rounds.
What was Vanqua Bio's last funding round?Vanqua Bio's last funding round was a $45M undisclosed-stage round in July 2024.
Who are Vanqua Bio's investors?Vanqua Bio's investors include Casdin Capital, Avoro Ventures, Eli Lilly, Logos Capital, Omega Funds, Pontifax, OrbiMed, Surveyor Capital and OUP (Osage University Partners).
Which companies are comparable to Vanqua Bio?Companies comparable to Vanqua Bio include Character Biosciences, CureGenetics, Valo Health, ReCode Therapeutics, Abclon and Century Therapeutics.

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