PAQ - About the company
PAQ is a series B company based in Cambridge (United States), founded in 2020 by 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 455 active competitors, including 161 funded and 80 that have exited. Its top competitors include companies like Denali Therapeutics, Fulcrum Therapeutics and Regenxbio.
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.
- Website
- www.paqtx.com
- 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
Ranked
27th among 455 active competitors
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Legal entities associated with PAQ
PAQ is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PAQ Therapeutics Inc CIN: 85-2211089 , United States, Active | Jul 26, 2020 | - | 6 (As on Dec 31, 2021) | - |
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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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 26, 2026 | 5653132 | Series B | 3150427 | 9483625 | 2517037 | 7910252 |
May 06, 2025 | 9527235 | Series B | 8203312 | 9824642 | 1769327 | |
Jul 15, 2021 | 7135928 | Series A | 2851414 | 7761789 |
View details of PAQ's funding rounds and investors
PAQ's founders and board of directors
Founder? Claim ProfileThe founders of PAQ are Boxun Lu and Huaixiang Hao.
Here are the details of PAQ's key team members:
- Boxun Lu: Co-Founder of PAQ. Contact Info: 1 email address
- Huaixiang Hao: Co-Founder of PAQ. Contact Info: 1 email address
View details of PAQ's Founder profiles and Board Members
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PAQ's Competitors and alternates
Top competitors of PAQ include Denali Therapeutics, Fulcrum Therapeutics and Regenxbio. Here is the list of Top 10 competitors of PAQ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Denali Therapeutics 2015, San Francisco (United States), Public | Developer of therapies to treat neurodegenerative diseases | $347M | 72/100 | |
2nd | Fulcrum Therapeutics 2015, Cambridge (United States), Public | Developing small molecules for control mechanisms and genes regulation for the treatment of rare diseases | $115M | 71/100 | |
3rd | Regenxbio 2008, Rockville (United States), Public | Developer of AAV Gene Therapy for rare genetic diseases | $108M | 67/100 | |
4th | Annexon 2011, San Francisco (United States), Public | Developer of antibodies to treat complement-mediated neurodegenerative diseases | $256M | 67/100 | |
5th | Alector 2013, San Francisco (United States), Public | Developing immuno-modulatory therapies for dementia and other neurodegenerative disorders | $215M | 65/100 | |
6th | MeiraGTx 2015, New York City (United States), Public | Developer of gene therapies for ocular and neurodegenerative diseases | - | 65/100 | |
7th | Alchemab 2019, London (United Kingdom), Series A | Developer of antibody therapeutics for treating oncology and neurodegenerative conditions | $149M | 65/100 | |
8th | Mission Therapeutics 2011, Cambridge (United Kingdom), Series D | Developer of small molecule inhibitors targeting specific disease associated enzymes | $192M | 64/100 | |
9th | D&D Pharmatech 2014, Seongnam-si (South Korea), Public | Developer of GLP-1-based therapeutics for metabolic disease treatment | $205M | 64/100 | |
10th | US World Meds 2001, Louisville (United States), Series B | Developer of therapeutics for the treatment of multiple diseases | $149M | 63/100 | |
27th | PAQ 2020, Cambridge (United States), Series B | Developer of small molecule therapeutics for neurodegenerative disease | $111M | 58/100 |
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PAQ's Investments and acquisitions
PAQ has made no investments or acquisitions yet.
Reports related to PAQ
Here is the latest report on PAQ's sector:
News related to PAQ
Media has covered PAQ for 1 event in last 1 year.
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•
Degradation startup raises $39M for pivot to PROTACs and clinical entry
EndPoints News•May 06, 2025•PAQ
•
Sherpa Healthcare leads Series A for Paq TherapeuticsAsian Venture Capital Journal•Jul 19, 2021•PAQ, Sherpa Healthcare Partners, Huagai Capital, MSA Capital and 3 others
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