FundedIQ
Biotechnology

Vaxcyte: Funding, Investors & Team (Sep 2026)

Vaxcyte, formerly known as SutroVax, is a next-generation vaccine company seeking to improve global health by developing superior and novel vaccines designed to prevent or treat some of the most common and deadly infectious diseases worldwide. The Company’s cell-free protein synthesis platform, comprising the XpressCFTM platform, exclusively licensed from Sutro Biopharma, Inc., together with Vaxcyte’s proprietary know-how, enables the design and production of protein carriers and antigens, the critical building blocks of vaccines, in ways that the Company believes conventional vaccine technologies currently cannot. In addition to its pneumococcal conjugate vaccines in development, VAX-24 and VAX-XP, Vaxcyte is leveraging its proprietary platform to advance other novel vaccines, including a prophylactic vaccine to prevent Group A Strep infections (VAX-A1) and a therapeutic vaccine to treat periodontal disease (VAX-PG).

www.vaxcyte.com LinkedIn Foster City, United States 51-100 employees
Biopharma Biotechnology Delivery Service Health Care
Total raised
$2.2B
Rounds
4
Latest
Undisclosed round
Sep 2024

Vaxcyte has raised $2.2B across 4 funding rounds on record, the most recent an undisclosed round of $1.5B announced in Sep 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Vaxcyte Company Profile and Key Stats

Total funding raised
$2.2B
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$1.5B in Sep 2024
Employees
51-100
reported band
Headquarters
Foster City, United States

Latest funding round on record: Sep 2024.

Vaxcyte Funding Rounds

Date
Round
Amount
Undisclosed round
$1.5B
Post-IPO Equity
$600M
Post-IPO Equity
$100M
Grant
$3.2M

Vaxcyte raised $3.2M in a Grant announced in Aug 2021.

5 months later, a Post-IPO Equity of $100M was announced in Jan 2022.

9 months later, a Post-IPO Equity of $600M was announced in Oct 2022.

1.9 years later, an undisclosed round of $1.5B was announced in Sep 2024.

Vaxcyte Founders and Leadership Team

Name
Role
Contact
Grant E Pickering
Founder
Locked
Grant Pickering
CEO
Locked

Contact details for the Vaxcyte team: 2 of 2 have an email address on file.

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Vaxcyte Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M

Vaxcyte's latest round of $1.5B is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Vaxcyte Funding FAQs

What does Vaxcyte do?

Vaxcyte, formerly known as SutroVax, is a next-generation vaccine company seeking to improve global health by developing superior and novel vaccines designed to prevent or treat some of the most common and deadly infectious diseases worldwide. The Company’s cell-free protein synthesis platform, comprising the XpressCFTM platform, exclusively licensed from Sutro Biopharma, Inc., together with Vaxcyte’s proprietary know-how, enables the design and production of protein carriers and antigens, the critical building blocks of vaccines, in ways that the Company believes conventional vaccine technologies currently cannot. In addition to its pneumococcal conjugate vaccines in development, VAX-24 and VAX-XP, Vaxcyte is leveraging its proprietary platform to advance other novel vaccines, including a prophylactic vaccine to prevent Group A Strep infections (VAX-A1) and a therapeutic vaccine to treat periodontal disease (VAX-PG).

How much funding has Vaxcyte raised?

Vaxcyte has raised $2.2B across 4 rounds on record. The most recent is an undisclosed round of $1.5B announced in Sep 2024.

When did Vaxcyte last raise funding?

Vaxcyte's most recent funding round on record is an undisclosed round of $1.5B, announced in Sep 2024.

Who founded Vaxcyte?

FundedIQ lists Grant E Pickering (Founder) at Vaxcyte.

Who is the CEO of Vaxcyte?

Grant Pickering is listed as CEO at Vaxcyte.

Where is Vaxcyte headquartered?

Vaxcyte is based in Foster City, California, United States.

How many employees does Vaxcyte have?

Vaxcyte is in the 51-100 employee band.

How does Vaxcyte's funding compare to other Biotechnology startups?

Vaxcyte's latest round of $1.5B is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Vaxcyte Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Vaxcyte is left off this page rather than filled in.

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