ProteinQure logo — dare to deliver

ProteinQure

dare to deliver

Founded 2017 Canada Toronto, Canada 32 employees Series A Total: $18.12M Biotechnology

General Information

Company Name ProteinQure
Founded Year 2017
Location Canada Toronto, Canada +1
Founders / Decision Makers
Team member
Employees 32
Industries Biotechnology
Funding Stage Series A

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AI Insight

Bounce Watch AI
2 months ago

ProteinQure recently secured a $1.8M grant in May 2026, approximately one year after its $11M Series A round. This additional capital demonstrates continued external validation and financial support for its AI-driven peptide drug design platform, particularly as its lead program, PQ203, advances into Phase I trials. While current hiring activity remains modest, the funding reinforces the company's capacity to progress its clinical pipeline and proprietary technology.

Signal Types
Funding Hiring
Strategic Labels
R&D Funding Clinical Development Platform Advancement
Next Move: Development
·
Impact: 6/10
·
Ideal For: Biotech VCs — Series A/Growth Stage

About ProteinQure

ProteinQure, founded in 2017 and headquartered in Canada, is at the forefront of biotechnology. Armed with the slogan "dare to deliver," the company is pioneering an AI platform designed for peptide drug design, particularly targeting extracellular targets.

Their flagship program, PQ203, is currently undergoing Phase I trials in the U.S. and Canada, addressing TOP1-resistant triple-negative breast cancer, a condition that currently lacks approved treatments. This marks a significant milestone in therapeutic advancement.

ProteinQure's platform has been rigorously validated through collaborations with four of the world's top 25 pharmaceutical companies. It leverages cutting-edge physics-based methods to explore an extensive chemical space, boasting scaffold diversity and over 3,500 non-canonical building blocks.

Recently, the company secured a $1.80M grant investment from FedDev on 01 May 2026, showcasing confidence in ProteinQure's potential. This investment bolsters their internal programs, specifically those enhancing tissue-specific payload delivery.

Taxonomy: AI platform for drug design, peptide drug design, extracellular targets, TOP1-resistant breast cancer, Phase I clinical trials, pharmaceutical collaborations, proprietary physics-based methods, chemical space exploration, scaffold diversity, non-canonical building blocks, tissue-specific payload delivery, siRNA delivery, central nervous system therapies

Services & Products

Development of AI-designed peptide-drug conjugates
Precision drug delivery solutions
Proprietary computational platform (ProteinStudio) for peptide design
Clinical trials for peptide-based therapeutics
Research and development in oncology solutions

Target Customers

Pharmaceutical companies Biotech researchers Clinical oncology specialists Medical research institutions Patients with advanced solid tumors

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
01 May 2026
Series A •••••• 3
Investor Investor
•••• ••••
01 May 2025
Debt Financing •••••• 1
Investor
01 Feb 2024
Seed •••••• 5
Investor Investor Investor Investor Investor
01 Jul 2019
Seed •••••• - 01 Jul 2018

View All 6 Funding Rounds

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FAQ About ProteinQure

dare to deliver
ProteinQure was founded in 2017.
ProteinQure is headquartered in Toronto, Canada.
ProteinQure operates in the following industries: Biotechnology.
ProteinQure has approximately 32 employees.
ProteinQure has completed 6 funding rounds, raising a total of $18.12M. The latest funding stage is Series A.
ProteinQure offers: Development of AI-designed peptide-drug conjugates, Precision drug delivery solutions, Proprietary computational platform (ProteinStudio) for peptide design, Clinical trials for peptide-based therapeutics, Research and development in oncology solutions.
Top alternatives and competitors to ProteinQure include Cytonus Therapeutics, Orion Therapeutics, Inc., Congruence Medical Solutions, Alma Therapeutics - Next Generation Oral Biologics Delivery, Ashvattha Therapeutics, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ProteinQure and Cytonus Therapeutics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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