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Biotech startup raises $25M for cancer, Covid-19 vaccines
Vaccines developed by Aivita Biomedical use a patient s own blood to attack cancer and Covid-19. But the company also offers a consumer skin-care product that it plans to begin selling more widely.
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New investments will help a biomedical startup in Irvine, California, push ahead with vaccines for cancer and Covid-19 and help fund the consumer launch of the company’s skin-care product.
Founded in 2016, Aivita Biomedical said it has raised $25 million in Series B-2 funding for what it expects will be a busy year ahead. In two previous rounds, the company raised $21 million.