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PAQ - About the company

PAQ is a series B company based in Cambridge (United States), founded in 2020 by Nan Ji, Boxun Lu and Huaixiang Hao. It operates as a Developer of small molecule therapeutics for neurodegenerative disease. PAQ has raised $111M in funding from investors like MRLV, Sherpa Healthcare Partners and Bayland Capital. The company has 449 active competitors, including 155 funded and 82 that have exited. Its top competitors include companies like Alector, Juvenescence and Annexon.

Company Details

Developer of small molecule therapeutics for neurodegenerative disease. The company offers autophagosome-tethering compounds that enhances the degradation of disease-causing protein and non-protein targets.
Email ID
*****@paqtx.com
Phone Number
+1 **********
Registered Address
625 Mass Ave. Office 02-146 Cambridge, MA, 02139, USA
Key Metrics
Founded Year
2020
Location
Cambridge, United States
Stage
Series B
Total Funding
$111M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
11 as on Feb 28, 2026
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PAQ's funding and investors

PAQ has raised a total funding of $111M over 4 rounds. Its first funding round was on 2020. PAQ has 10 institutional investors.

Here is the list of recent funding rounds of PAQ:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 26, 2026
7435295
Series B
5992115
9321455
8093369
7989425
May 06, 2025
3660356
Series B
8478032
3477311
6418615
Jul 15, 2021
5195608
Series A
6795707
6854011
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PAQ's founders and board of directors

Founder? Claim Profile
The founders of PAQ are Nan Ji, Boxun Lu and Huaixiang Hao. Nan Ji is the CEO of PAQ.
Here are the details of PAQ's key team members:

PAQ's employee count trend

PAQ has 11 employees as of Feb 26. Here is PAQ's employee count trend over the years:
Employee count trend for PAQ
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PAQ's Competitors and alternates

Top competitors of PAQ include Alector, Juvenescence and Annexon. Here is the list of Top 10 competitors of PAQ, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Alector
Alector
2013, San Francisco (United States), Public
Developing immuno-modulatory therapies for dementia and other neurodegenerative disorders
$215M
73/100
2nd
Logo for Juvenescence
Juvenescence
2017, Dublin (Ireland), Series B
Provider of proprietary ketone ester-based therapeutic drink for age-related disorders and metabolic health
$290M
68/100
3rd
Logo for Annexon
Annexon
2011, San Francisco (United States), Public
Developer of antibodies to treat complement-mediated neurodegenerative diseases
$256M
67/100
4th
Logo for MeiraGTx
MeiraGTx
2015, New York City (United States), Public
Developer of gene therapies for ocular and neurodegenerative diseases
-
65/100
5th
Logo for Axsome Therapeutics
Axsome Therapeutics
2012, New York City (United States), Public
Developer of therapeutic solutions for the management of CNS disorders
$8.7M
65/100
6th
Logo for Mission Therapeutics
Mission Therapeutics
2011, Cambridge (United Kingdom), Series D
Small molecule drugs that target deubiquitylating enzymes involved in the DNA damage response
$192M
63/100
7th
Logo for US World Meds
US World Meds
2001, Louisville (United States), Series B
Developer of therapeutics for the treatment of multiple diseases
$149M
63/100
8th
Logo for Cognition Therapeutics
Cognition Therapeutics
2007, Pittsburgh (United States), Public
Developer of small molecule drugs for neurodegenerative diseases
$36.1M
63/100
9th
Logo for Blue Rock Therapeutics
Blue Rock Therapeutics
2016, Boston (United States), Acquired
Stem cell therapies for cardiovascular and neurological diseases
$225M
62/100
10th
Logo for Atalanta Therapeutics
Atalanta Therapeutics
2019, Boston (United States), Series B
Developer of RNAi therapeutics to treat neurodegenerative diseases
$262M
62/100
16th
Logo for PAQ
PAQ
2020, Cambridge (United States), Series B
Developer of small molecule therapeutics for neurodegenerative disease
$111M
61/100
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PAQ's Investments and acquisitions

PAQ has made no investments or acquisitions yet.

News related to PAQ

Media has covered PAQ for a total of 2 events in the last 1 year.
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