Moderna History Part 2 - The Lead Investors

13 investment rounds, 21 investment entities, hundreds of institutional and individual investors, 7 lead investors.

Part 1 of this series is here:

Out of Moderna’s 13 funding rounds 12 were private placements before the IPO, one post-IPO (by MSD capital, Michael Dell’s family office). Moderna has been heavily funded by the US Government and the military biodefense - in total DARPA and BARDA poured in approximately $1.5B in “research grants” out of approximately $5.1B…