How much did PaxMedica raise?

PaxMedica raised $3 Million in a Seed round on November 6, 2020.

Who are the decision-makers at PaxMedica?

Fundz holds 1 contact at PaxMedica. Names and contact details are shown to Fundz members.

Pax Medica, Inc. reported raising $3 Million in an initial SEC Form D filing, from an offering of $3 Million

PRIVATENov 06, 2020

Amount Raised

$3 Million

$3 Million sold, per SEC Form D (first sale Nov 6, 2020)

Round Type

Seed

TarrytownBiotechnology

Quick answer

PaxMedica raised $3 Million in a Seed round, dated November 6, 2020. PaxMedica is based in Tarrytown, New York, United States.

How much did PaxMedica raise?: PaxMedica raised $3 Million in a Seed round on November 6, 2020.
What does PaxMedica do?: PaxMedica is a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, ranging from..
Where is PaxMedica based and how big is it?: PaxMedica is based in Tarrytown, New York, United States.
Who are the decision-makers at PaxMedica?: Fundz holds 1 contact at PaxMedica. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as PaxMedica that raised within 45 days of this round, from Fundz verified event records.

Novel Microdevices raised $725K (Seed) on December 21, 2020.
Hopewell Therapeutics raised $7.8M on December 21, 2020.
PROLUNG INC raised $182K (Seed) on December 21, 2020.
OnKure Therapeutics, Inc. raised $47M on December 21, 2020.
OSE Immunotherapeutics raised $5.6M (Funding Round) on December 18, 2020.
GENENEWS LTD raised $198K (Seed) on December 18, 2020.

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Company Information

Company

PaxMedica

Location

303 SOUTH BROADWAY, SUITE 125

Tarrytown, New York, United States

About

PaxMedica is a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, ranging from neurodevelopmental disorders, including Autism Spectrum Disorder (“ASD”), to Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (“ME/CFS”), a debilitating physical and cognitive disorder believed to be viral in origin and now with rising incidence globally due to the long term effects of SARS-CoV-2 (“COVID-19”). One of PaxMedica’s primary points of focus is the development and testing of its lead program, PAX-101, an intravenous formulation of suramin, in the treatment of ASD and the advancement of the clinical understanding of using that agent against other disorders such as ME/CFS and Long COVID-19 Syndrome, a clinical diagnosis in individuals who have been previously infected with COVID-19.

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PaxMedica raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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