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.
- 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
16th among 449 active competitors
Employee Count
11 as on Feb 28, 2026
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 | 7435295 | Series B | 5992115 | 9321455 | 8093369 | 7989425 |
May 06, 2025 | 3660356 | Series B | 8478032 | 3477311 | 6418615 | |
Jul 15, 2021 | 5195608 | Series A | 6795707 | 6854011 |
View details of PAQ's funding rounds and investors
PAQ's founders and board of directors
Founder? Claim ProfileHere are the details of PAQ's key team members:
- Nan Ji: Co-Founder, President and CEO of PAQ.
- Boxun Lu: Co-Founder of PAQ.
- Huaixiang Hao: Co-Founder of PAQ.
View details of PAQ's Founder profiles and Board Members
PAQ's employee count trend
PAQ has 11 employees as of Feb 26. Here is PAQ's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Alector 2013, San Francisco (United States), Public | Developing immuno-modulatory therapies for dementia and other neurodegenerative disorders | $215M | 73/100 | |
2nd | 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 | Annexon 2011, San Francisco (United States), Public | Developer of antibodies to treat complement-mediated neurodegenerative diseases | $256M | 67/100 | |
4th | MeiraGTx 2015, New York City (United States), Public | Developer of gene therapies for ocular and neurodegenerative diseases | - | 65/100 | |
5th | Axsome Therapeutics 2012, New York City (United States), Public | Developer of therapeutic solutions for the management of CNS disorders | $8.7M | 65/100 | |
6th | 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 | US World Meds 2001, Louisville (United States), Series B | Developer of therapeutics for the treatment of multiple diseases | $149M | 63/100 | |
8th | Cognition Therapeutics 2007, Pittsburgh (United States), Public | Developer of small molecule drugs for neurodegenerative diseases | $36.1M | 63/100 | |
9th | Blue Rock Therapeutics 2016, Boston (United States), Acquired | Stem cell therapies for cardiovascular and neurological diseases | $225M | 62/100 | |
10th | Atalanta Therapeutics 2019, Boston (United States), Series B | Developer of RNAi therapeutics to treat neurodegenerative diseases | $262M | 62/100 | |
16th | PAQ 2020, Cambridge (United States), Series B | Developer of small molecule therapeutics for neurodegenerative disease | $111M | 61/100 |
Looking for more details on PAQ's competitors? Click here to see the top ones
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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•
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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