Exhibit 21.1

SUBSIDIARIES OF THE REGISTRANT

Name of Subsidiary	State or Other Jurisdiction of Incorporation
Valneva UK Ltd	England and Wales
Valneva Austria GmbH	Austria
Valneva Canada Inc.	Canada
Vaccines Holdings Sweden AB	Sweden
Valneva France SAS	France
Valneva Scotland Ltd	Scotland
Valneva USA Inc.	Delaware
Valneva Sweden AB	Sweden