CureVac

Tübingen, Germany Biotech & Pharma Public

CureVac is a German biopharmaceutical company pioneering mRNA-based therapies and vaccines for infectious diseases, cancer immunotherapy, and rare diseases. Founded in 2000 in Tübingen, CureVac develops optimized mRNA candidates using proprietary platform technology including delivery formulations and manufacturing processes. The company operates research and development sites across Germany, Netherlands, Belgium, Switzerland, and the United States.

Public Company

CureVac is publicly traded

IPO'd on August 14, 2020

CVAC NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under CVAC.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2000

Employees

1,000-5,000

Total Funding

$810M

5 rounds

Last Private Valuation

$1.63B

July 20, 2020

Funding

Total raised $810M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Strategic (GSK / pre-IPO round)

Date

July 20, 2020

Amount

$285M

Valuation

$1.63B

Lead Investors

GlaxoSmithKline
DateRoundAmount RaisedValuationLead Investors
July 20, 2020 Strategic (GSK / pre-IPO round) $285M $1.63B GlaxoSmithKline
June 15, 2020 Strategic / Government $339M $1.47B German Federal Government
November 1, 2015 Late stage (mega-round) $110M Baillie Gifford

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x CureVac

Entry · Strategic / Government

$1.5B

Jun 2020

CureVac today

$1.6B

Jul 2020 · latest mark

CureVac multiple

1.1x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Ingmar Hoerr

    Founder & CEO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Moderna

    US-based mRNA vaccine and therapeutic developer; leading mRNA market with 37.5% share as of 2024.

  • BioNTech

    German mRNA vaccine and therapeutic platform company; now CureVac's parent company following December 2025 acquisition.

  • Arcturus Therapeutics

    US-based biotech specializing in self-amplifying mRNA (saRNA) technology for infectious diseases and genetic disorders.

CureVac Investment FAQ

CureVac FAQ

Yes, CureVac is publicly traded under the ticker symbol CVAC on the NASDAQ. The company went public in August 14, 2020.

CureVac trades under the ticker symbol CVAC on the NASDAQ. It began trading in August 14, 2020.

CureVac (CVAC on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CVAC to place an order.

CureVac went public in August 14, 2020 via ipo, with an offering valuation of approximately $1.63B. CureVac was listed on NASDAQ under ticker CVAC following its August 2024 IPO at $16/share. In June 2025, BioNTech announced a strategic acquisition via public exchange offer, with the transaction closing on December 18, 2025, after 86.75% of shares were tendered. The exchange ratio was 0.05363 BioNTech ADSs per CureVac share. BioNTech expects to complete compulsory acquisition of remaining shares in January 2026, after which CureVac will be delisted from NASDAQ.

CureVac raised $810M across 5 disclosed funding rounds prior to its public listing.

CureVac was founded by Ingmar Hoerr in 2000.

CureVac is headquartered in Tübingen, Germany.

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