“A biotechnology company whose research and intellectual property has helped to create the Oxford-AstraZeneca Covid vaccine has raised new investment from venture capitalists.
Oxford-based Vaccitech has agreed the funds – understood to be as much as £10million – from Future Planet Capital which also invests in health, climate change and education projects.
It is believed the capital will be used to help the roll-out of the Oxford vaccine, which could get UK approval as soon this week.”
Daily Mail, 26th December 2020
Future Planet was delighted to have welcomed Vaccitech to its Portfolio and today’s news demonstrates that cutting-edge technology from the world’s top universities has the potential to solve global social, economic and environmental challenges.
Douglas Hansen-Luke, Executive Chairman - FPC
"FPC was founded with the vision of financing the brightest minds to profitably address global challenges. Today, as the Oxford vaccine’s results are published and an end to the coronavirus crisis is in sight, Future Planet is one step closer to realising its vision. We’re delighted to welcome Vaccitech to the Future Planet family.”
Bill Enright, CEO - Vaccitech
“Future Planet and their practical and ethical policy of impact investing were a welcome investor at an important time for our company. Funding from Future Plant will help us to continue to progress our product candidates through clinical development.”
Ed Phillips, Head of Origination and Deal Lead - FPC
"Priced at the cost of a cup of coffee, and stored in a fridge, Vaccitech’s ChAdOx may represent the superhero of vaccine technologies we’ve all been waiting for. We are confident in the long-term prospects of the company’s platform. Not just for COVID, but also for prophylactic and therapeutic approaches for many other indications in oncology, infectious disease and chronic illness”
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Future Planet Capital Limited is a global venture capital and impact investor, connecting the world's largest investors to the best minds in order to address global challenges. The firm is focussed on providing growth capital to leading entrepreneurs and businesses from the world’s top universities and has deployed over $100M on behalf of institutional investors to date. Future Planet's deal team was led by Ed Phillips, supported by Lyle Pentith.