Chinese vaccine developer Maxvax closes Series C round with IDG-led $41m tranche

Chinese vaccine developer Maxvax closes Series C round with IDG-led $41m tranche

Photo from Maxvax's official website

Maxvax Biotechnology, a Chinese developer of innovative vaccines and immunotherapies targeting infectious diseases and cancer, has closed an IDG Capital-led extension round, bringing its total Series C financing to over 600 million yuan ($82.5 million).

Edited by: Pramod Mathew