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SPRIM Global Investments

Full company profile

uuid0005doi

Namestring
SPRIM Global Investments
Legal namestring
SPRIM Global Investments
Websiteurl
sprim.net
Company typeenum
Private
Founded yearint
2008
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
life sciences venture capital, clinical-stage biotech investment, non-dilutive clinical financing, medical device growth equity, pharma R&D services investment
Industry1 code
1Capital Raising Advisory (Debt/Equity/Private Capital)
CodeBPAHADAGPrimaryYes
NAICS code2 codes
  • Portfolio Management and Investment Advice523940
  • Investment Banking and Securities Intermediation52315
SIC code2 codes
  • Services-Management Consulting Services8742
  • Investment Advice6282
Product category
Venture Capital - Life Sciences
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Venture Capital Returns
TypeSubscription Recurring
Description

SPRIM Global Investments generates returns through equity investments in clinical-stage life sciences companies, from Series A through growth-stage, with active board participation. Returns realized through portfolio company exits via M&A, IPO, or other liquidity events.

sprim.net
2Credit/Debt Financing
TypeTransaction Fee
Description

Non-dilutive financing for clinical-stage companies structured around trial milestones to extend runway at critical inflection points. Includes interest-bearing debt facilities and convertible notes.

sprim.net
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

SPRIM Global Investments is a privately held life sciences venture capital firm that deploys capital into clinical-stage therapeutics, medical devices, and pharma R&D services companies through direct equity investments (Series A through growth-stage) and non-dilutive credit facilities structured around clinical trial milestones. The firm operates as an operator-led investor, embedding alongside portfolio companies to provide strategic guidance across regulatory pathways, trial design, commercial launch, and global market access.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Vaxxas has raised more than $300 million to support programs, with almost $160 million injected into the Australian economy.
Product and service2 records
1Direct Equity Investment
CategoryVenture Capital Equity Investment
Description

Equity capital deployed in clinical-stage life sciences companies from Series A through growth-stage, backed by deep diligence and active board participation. Targets biotechnology, medical device/MedTech, and pharma R&D services companies aligned with SGI's investment thesis.

2Credit (Non-Dilutive Financing)
CategoryVenture Debt / Clinical Trial Financing
Description

Non-dilutive financing for clinical-stage life sciences companies, structured around clinical trial milestones to extend runway at critical inflection points. Includes interest-bearing secured debt facilities, subordinated convertible notes, and milestone-based commitments.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership15 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-02-10
Description

ObvioGo platform is directly integrated with Oracle Life Sciences Clinical One Data Collection for decentralized and hybrid clinical trials. This is an enterprise-grade integration enabling sponsors and CROs to deploy participant-facing trial technologies.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-27
Description

TREOS Bio executed clinical collaboration agreement with Charité Berlin for OBERTO-202 Phase II clinical trial in MSS colorectal cancer.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-27
Description

TREOS Bio executed clinical collaboration agreement with Junshi Biosciences for OBERTO-202 trial evaluating PolyPEPI1018 with toripalimab (PD-1 inhibitor) in MSS colorectal cancer.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-27
Description

TREOS Bio has partnerships with Roche for clinical development of PolyPEPI1018 in combination with atezolizumab.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-27
Description

TREOS Bio has partnerships with Mayo Clinic for Phase I/II clinical trials in MSS colorectal cancer.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-25
Description

Vaxxas has vaccine programs underway in partnership with SK bioscience for HD-MAP vaccine delivery technology.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-25
Description

Vaxxas has vaccine programs underway in partnership with CEPI for HD-MAP vaccine delivery technology.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-25
Description

Vaxxas has vaccine programs underway in partnership with Wellcome for HD-MAP vaccine delivery technology.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-25
Description

Vaxxas has vaccine programs underway in partnership with the US Government for HD-MAP vaccine delivery technology.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-08-25
Description

Vaxxas has vaccine programs underway in partnership with the Gates Foundation for HD-MAP vaccine delivery technology.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2024-07-25
Description

Guardant Health made a strategic investment in ObvioHealth to accelerate deployment of oncology clinical trials globally, strengthening domain expertise in oncology and enabling streamlined trial deployment.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-07-25
Description

ObvioHealth announced a groundbreaking partnership with Dedalus Group to unite real-world clinical trial data.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-07-25
Description

ObvioHealth partnered with Novotech for virtual clinical trials capabilities expansion.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-03-27
Description

STALICLA partnered with Firefly Neuroscience to develop EEG biomarkers for patient subgroups with ASD using the DEPI and BNA platforms.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-01-09
Description

STALICLA signed exclusive in-licensing agreement with Novartis to develop mavoglurant for substance-use disorder and neurodevelopmental disorders.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

European life sciences VC investing across clinical-stage therapeutics and medical devices from Series A through growth — directly comparable to SPRIM in mandate, stage focus, and active board participation.

TypeDirect peer
Description

European life sciences-focused VC investing in clinical-stage therapeutics and medtech, similar in stage focus and operational engagement model to SPRIM.

TypeDirect peer
Description

Australian life sciences VC that co-invested alongside SPRIM in Vaxxas (A$90M Series D) and Prota Therapeutics; similar focus on clinical-stage Australian biotech with active board participation.

TypeDirect peer
Description

Australian life sciences VC that co-invested alongside SPRIM in the Vaxxas Series D; comparable stage focus, geography, and active engagement model.

TypeDirect peer
Description

European life sciences VC focused on clinical-stage therapeutics and medical devices — closely comparable to SPRIM in stage focus, European footprint, and active board model.

TypeDirect peer
Description

European life sciences VC investing in clinical-stage therapeutics across multiple therapeutic areas; comparable to SPRIM in stage focus and founder-friendly operator engagement.

TypeBroad incumbent
Description

Large global healthcare-dedicated investment firm covering public and private life sciences; overlaps with SPRIM in clinical-stage biotech investing but with materially larger AUM and broader mandate.

8Baker Bros. Advisors
TypeBroad incumbent
Description

Healthcare/biotech-focused long-only investment manager that invests across public and private clinical-stage life sciences; broader incumbent with overlapping clinical-stage biotech exposure.

TypeBroad incumbent
Description

Large US-based biotech and technology VC that invests across clinical-stage life sciences; comparable stage overlap with SPRIM but at materially larger fund size and broader portfolio.

TypeBroad incumbent
Description

Healthcare-focused crossover fund investing across public and private clinical-stage life sciences; overlapping deal universe with SPRIM but at larger scale and with crossover capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment19 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SPRIM Global Investments

Venture Capital - Life Sciencessprim.net

SPRIM Global Investments firmographics

Firmographics
Name
SPRIM Global Investments
Legal name
SPRIM Global Investments
Website
https://sprim.net
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

SPRIM Global Investments industry classification

Industry
Product category
Venture Capital - Life Sciences
NAICS
Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (52315)
SIC
Services-Management Consulting Services (8742), Investment Advice (6282)
akta.pro primary industry
Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

  • Life sciences venture capital
  • Clinical-stage biotech investment
  • Non-dilutive clinical financing
  • Medical device growth equity
  • Pharma R&D services investment

Where SPRIM Global Investments is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices2 records

Markets served

SPRIM Global Investments business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

  1. Venture Capital Returns: SPRIM Global Investments generates returns through equity investments in clinical-stage life sciences companies, from Series A through growth-stage, with active board participation. Returns realized through portfolio company exits via M&A, IPO, or other liquidity events.
  2. Credit/Debt Financing: Non-dilutive financing for clinical-stage companies structured around trial milestones to extend runway at critical inflection points. Includes interest-bearing debt facilities and convertible notes.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

SPRIM Global Investments product offering

Product offering

Core offering

SPRIM Global Investments is a privately held life sciences venture capital firm that deploys capital into clinical-stage therapeutics, medical devices, and pharma R&D services companies through direct equity investments (Series A through growth-stage) and non-dilutive credit facilities structured around clinical trial milestones. The firm operates as an operator-led investor, embedding alongside portfolio companies to provide strategic guidance across regulatory pathways, trial design, commercial launch, and global market access.

Differentiator

Problem solved

Functional benefit

Products and services

  • Direct Equity Investment Equity capital deployed in clinical-stage life sciences companies from Series A through growth-stage, backed by deep diligence and active board participation. Targets biotechnology, medical device/MedTech, and pharma R&D services companies aligned with SGI's investment thesis.
  • Credit (Non-Dilutive Financing) Non-dilutive financing for clinical-stage life sciences companies, structured around clinical trial milestones to extend runway at critical inflection points. Includes interest-bearing secured debt facilities, subordinated convertible notes, and milestone-based commitments.

Quantifiable outcome

  • Vaxxas has raised more than $300 million to support programs, with almost $160 million injected into the Australian economy.

Companies that use SPRIM Global Investments

Customer profile

Segments3 records

Ideal customer profiles1 record

SPRIM Global Investments technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

SPRIM Global Investments partnerships and signals

Strategic signal

Partnerships

15 partnerships are on record, tiered core, major and minor.

  • Oracle Life SciencescoreTechnology or Integration · 10 February 2026ObvioGo platform is directly integrated with Oracle Life Sciences Clinical One Data Collection for decentralized and hybrid clinical trials. This is an enterprise-grade integration enabling sponsors and CROs to deploy participant-facing trial technologies.
  • Charité BerlinmajorStrategic or Co-development Partner · 27 August 2025TREOS Bio executed clinical collaboration agreement with Charité Berlin for OBERTO-202 Phase II clinical trial in MSS colorectal cancer.
  • Junshi BiosciencesmajorStrategic or Co-development Partner · 27 August 2025TREOS Bio executed clinical collaboration agreement with Junshi Biosciences for OBERTO-202 trial evaluating PolyPEPI1018 with toripalimab (PD-1 inhibitor) in MSS colorectal cancer.
  • RochemajorStrategic or Co-development Partner · 27 August 2025TREOS Bio has partnerships with Roche for clinical development of PolyPEPI1018 in combination with atezolizumab.
  • Mayo ClinicmajorStrategic or Co-development Partner · 27 August 2025TREOS Bio has partnerships with Mayo Clinic for Phase I/II clinical trials in MSS colorectal cancer.
  • SK biosciencemajorStrategic or Co-development Partner · 25 August 2025Vaxxas has vaccine programs underway in partnership with SK bioscience for HD-MAP vaccine delivery technology.
  • Coalition for Epidemic Preparedness Innovations (CEPI)majorStrategic or Co-development Partner · 25 August 2025Vaxxas has vaccine programs underway in partnership with CEPI for HD-MAP vaccine delivery technology.
  • Wellcome TrustmajorStrategic or Co-development Partner · 25 August 2025Vaxxas has vaccine programs underway in partnership with Wellcome for HD-MAP vaccine delivery technology.
  • US GovernmentmajorStrategic or Co-development Partner · 25 August 2025Vaxxas has vaccine programs underway in partnership with the US Government for HD-MAP vaccine delivery technology.
  • Bill & Melinda Gates FoundationmajorStrategic or Co-development Partner · 25 August 2025Vaxxas has vaccine programs underway in partnership with the Gates Foundation for HD-MAP vaccine delivery technology.
  • Guardant HealthmajorStrategic or Co-development Partner · 25 July 2024Guardant Health made a strategic investment in ObvioHealth to accelerate deployment of oncology clinical trials globally, strengthening domain expertise in oncology and enabling streamlined trial deployment.
  • DedalusminorStrategic or Co-development Partner · 25 July 2024ObvioHealth announced a groundbreaking partnership with Dedalus Group to unite real-world clinical trial data.
  • NovotechminorStrategic or Co-development Partner · 25 July 2024ObvioHealth partnered with Novotech for virtual clinical trials capabilities expansion.
  • Firefly NeuroscienceminorStrategic or Co-development Partner · 27 March 2023STALICLA partnered with Firefly Neuroscience to develop EEG biomarkers for patient subgroups with ASD using the DEPI and BNA platforms.
  • NovartiscoreStrategic or Co-development Partner · 9 January 2023STALICLA signed exclusive in-licensing agreement with Novartis to develop mavoglurant for substance-use disorder and neurodevelopmental disorders.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

SPRIM Global Investments competitors and assessment

Company assessment

Direct peers

  • Sofinnova Partners: European life sciences VC investing across clinical-stage therapeutics and medical devices from Series A through growth — directly comparable to SPRIM in mandate, stage focus, and active board participation.
  • Forbion: European life sciences-focused VC investing in clinical-stage therapeutics and medtech, similar in stage focus and operational engagement model to SPRIM.
  • OneVentures: Australian life sciences VC that co-invested alongside SPRIM in Vaxxas (A$90M Series D) and Prota Therapeutics; similar focus on clinical-stage Australian biotech with active board participation.
  • Brandon Capital: Australian life sciences VC that co-invested alongside SPRIM in the Vaxxas Series D; comparable stage focus, geography, and active engagement model.
  • LSP (Life Sciences Partners): European life sciences VC focused on clinical-stage therapeutics and medical devices — closely comparable to SPRIM in stage focus, European footprint, and active board model.
  • Medicxi: European life sciences VC investing in clinical-stage therapeutics across multiple therapeutic areas; comparable to SPRIM in stage focus and founder-friendly operator engagement.

Broad incumbents

  • OrbiMed: Large global healthcare-dedicated investment firm covering public and private life sciences; overlaps with SPRIM in clinical-stage biotech investing but with materially larger AUM and broader mandate.
  • Baker Bros. Advisors: Healthcare/biotech-focused long-only investment manager that invests across public and private clinical-stage life sciences; broader incumbent with overlapping clinical-stage biotech exposure.
  • ARCH Venture Partners: Large US-based biotech and technology VC that invests across clinical-stage life sciences; comparable stage overlap with SPRIM but at materially larger fund size and broader portfolio.
  • RA Capital Management: Healthcare-focused crossover fund investing across public and private clinical-stage life sciences; overlapping deal universe with SPRIM but at larger scale and with crossover capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

SPRIM Global Investments social profiles

Digital presence

SPRIM Global Investments financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SPRIM Global Investments leadership team

Management profile

Number of profiles

Profiles3 records

SPRIM Global Investments funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SPRIM Global Investments M&A and investment

M&A and investment

M&A

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPRIM Global Investments

What does SPRIM Global Investments do?

SPRIM Global Investments is a privately held life sciences venture capital firm that deploys capital into clinical-stage therapeutics, medical devices, and pharma R&D services companies through direct equity investments (Series A through growth-stage) and non-dilutive credit facilities structured around clinical trial milestones. The firm operates as an operator-led investor, embedding alongside portfolio companies to provide strategic guidance across regulatory pathways, trial design, commercial launch, and global market access.

Is SPRIM Global Investments a public or private company?

SPRIM Global Investments is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was SPRIM Global Investments founded?

SPRIM Global Investments was founded in 2008. It employs 11 to 50 people.

Where is SPRIM Global Investments based?

SPRIM Global Investments is headquartered in Singapore, Singapore, in the Asia region.

How does SPRIM Global Investments make money?

Two revenue lines are on record. Venture Capital Returns are the primary driver. The others are credit/Debt Financing.

Who are SPRIM Global Investments's main competitors?

Direct peers on record are Sofinnova Partners, Forbion, OneVentures, Brandon Capital, LSP (Life Sciences Partners) and Medicxi. Broad incumbents are OrbiMed, Baker Bros. Advisors, ARCH Venture Partners and RA Capital Management.

Does SPRIM Global Investments have an API?

No public API is recorded for SPRIM Global Investments.

What industry is SPRIM Global Investments in?

SPRIM Global Investments's product category is Venture Capital - Life Sciences. Its primary akta.pro industry code is BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital). Its NAICS code is 523940 and its SIC code is 8742.

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Live signals
FinSMEsBody Vision Medical Closes FundingBody Vision Medical raised an undisclosed amount in new funding led by Business Asia Consultants and Sprim Global Investments. The Weston, MA-based company will use the funds to capitalize on demand for AI-powered intraoperative imaging for lung disease diagnosis and treatment. Its LungVision platform is available in 46 countries through over 20 distributors.PR Newswire APACEBT Medical and NinaMED Announce US$13.75M Financing to Advance Licensed NiNA System® for Overactive BladderNinaMED Pty Ltd, a new Australian medtech company, announced its establishment and US$13.75 million financing led by SPRIM Global Investments. The company holds an exclusive license from EBT Medical to develop and commercialize the NiNA System, a non-invasive, at-home therapy for overactive bladder targeting a 550-million-patient market.PharmaTimesErVimmune raises 17m euros in funding to develop cancer vaccineErVimmune, a preclinical biotechnology company focused on cancer vaccines, has secured 17 million euros in new funding to advance its lead cancer vaccine candidate ErVac01 into first-in-human clinical trials. The vaccine is designed as a ready-to-use off-the-shelf product targeting 'cold' tumours such as triple-negative breast cancer and ovarian cancer, using HERV-derived epitopes to cover the majority of HLA alleles in the worldwide population. The funding round was co-led by Seventure Partners and SPRIM Global Investments, with additional non-dilutive funding access from French government programmes Bpifrance and France 2030.ErvimmuneErVimmune raises €17 million in Series A first closing to enter clinical development with lead cancer vaccine candidateErVimmune, a French biotechnology company developing next-generation therapeutic cancer vaccines, has raised €17 million in Series A first closing from an international investor syndicate including Seventure Partners and SPRIM Global Investments. The funding will support first-in-human clinical trials for ErVac01, the company's lead vaccine candidate targeting HERV-derived antigens, initially focused on triple-negative breast cancer and ovarian cancer. The company also appointed biotech veteran Eric Halioua as executive chairman and received non-dilutive funding support from Bpifrance and the France 2030 program.FinSMEsErVimmune Raises €17M in Series A First ClosingErVimmune, a Lyon-based biotechnology company developing therapeutic vaccines for cancer, has raised €17 million in Series A funding from Seventure Partners and SPRIM Global Investments. The company will use the funds to advance its lead candidate ErVac01 in triple-negative breast cancer and ovarian cancer, as well as develop future therapeutic candidates targeting HERV-derived antigens. As part of the financing, ErVimmune appointed Eric Halioua as executive chairman to strengthen governance as it enters clinical development.Pulse 2.0ErVimmune: €17 Million Series A First Close To Advance Off-The-Shelf Cancer Vaccine Into The ClinicErVimmune, a Lyon-based biotechnology company, has raised €17 million in the first close of its Series A financing, with participation from existing investor Seventure Partners and new investor SPRIM Global Investments, and potential additional non-dilutive funding from Bpifrance and the France 2030 program. The proceeds will fund first-in-human clinical trials for ErVac01, the company's off-the-shelf therapeutic cancer vaccine targeting HERV-derived antigens, initially focused on triple-negative breast cancer and ovarian cancer. The company also appointed biotech executive Eric Halioua as executive chairman of its board.PR NewswireKAHR Bio Announces Strong Topline Phase 2 Results for DSP107 in Combination with Anti-PD-L1 Therapy in Colorectal CancerKAHR Bio announced topline Phase 2a results for DSP107 in combination with atezolizumab in late-line metastatic microsatellite stable colorectal cancer, demonstrating a median overall survival of 17.5 months versus 6.4–10.8 months for currently approved therapies, with approximately 75% of enrolled patients having liver metastases. The company also closed a $22 million equity financing round led by Flerie AB, Peregrine Ventures, Oriella Ltd., aMoon Growth Fund, Cancer Focus Fund, and SPRIM Global Investments, along with a $10 million on-demand debt facility, and initiated a randomized Phase 2b trial in December 2025 following FDA IND clearance.GlobeNewswireVaxxas Appoints Veteran Vaccine Leader to Board as Company Advances Needle-Free Vaccine Patch Towards MarketAustralian biotechnology company Vaxxas Pty Ltd announced the appointment of Mr Brent MacGregor, a veteran vaccine executive with over three decades of experience at CSL Seqirus, Novartis Vaccines, and Sanofi Pasteur, as Independent Non-Executive Director to its Board. Mr Michael Shleifer, Co-Founder and Managing Partner of SPRIM Global Investments—which led Vaxxas' recent ~$90 million financing—was appointed as Board Observer. The appointments support Vaxxas' transition toward commercialization of its high-density microarray patch (HD-MAP) needle-free vaccine technology, with the company having completed six Phase I clinical trials across 750+ participants and recently installing robotic manufacturing lines at its Brisbane facility.IncubeesSPRIM Global Investments led $21 M Debt & Equity funding raised by Prota Therapeutics – IncubeesAustralian biotechnology company Prota Therapeutics raised $21 million in debt and equity financing, led by Singapore-based SPRIM Global Investments. The funding will support the preparation for Phase 3 clinical studies of its PRT120 oral immunotherapy treatment for peanut allergies. This investment aims to accelerate drug development, expand management capabilities, and advance the commercialization of the therapy.SprimProta Therapeutics US $21 Million Financing Led by SPRIM Global InvestmentsProta Therapeutics announced a financing round of US$21 million led by SPRIM Global Investments, aimed at advancing the development of its PRT120 oral therapy for peanut allergy in preparation for a Phase 3 clinical trial. The funding will enhance Prota's drug development plans and expand its management team to support late-stage development and commercialization efforts. The peanut allergy therapeutics market is projected to reach US$1 billion by 2030, highlighting the potential significance of Prota's advancements in this field.