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ProteinQure raises $11M in Series A funding, led by Tom Williams of Heron Rock Fund, to support its first clinical trial for PQ203 and advance pipeline programs.

PRIVATEMay 28, 2025

Amount Raised

$11 Million

Round Type

Series A

TorontoBiotechnologyHealth CareTherapeutics

Investors

Golden VenturesKensington CapitalTom WilliamsHeron Rock Fund

Description

ProteinQure, a Toronto-based biotechnology company, has closed $11M in Series A financing. The funding will support the initiation of its first clinical trial for PQ203 and advance additional pipeline programs in neurology and nephrology. The round was led by Tom Williams of Heron Rock Fund, with participation from Golden Ventures and Kensington Capital. This funding brings the total amount raised to $16M.

Quick answer

ProteinQure raised $11 Million in a Series A round, dated May 28, 2025. Investors: Golden Ventures, Kensington Capital, Tom Williams and Heron Rock Fund. ProteinQure is based in Toronto, Ontario, Canada.

How much did ProteinQure raise?
ProteinQure raised $11 Million in a Series A round on May 28, 2025.
Who invested in ProteinQure?
Golden Ventures, Kensington Capital, Tom Williams and Heron Rock Fund are named as investors in this round.
What does ProteinQure do?
ProteinQure is a biotechnology company developing computational peptide therapeutics.
Where is ProteinQure based and how big is it?
ProteinQure is based in Toronto, Ontario, Canada. Fundz records about 32 employees.
Who are the decision-makers at ProteinQure?
Fundz holds 2 contacts at ProteinQure. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Renasant Bio raised $55M (Seed) on July 10, 2025.
  • Nuclidium raised $98M (Series B) on July 10, 2025.
  • CoRegen raised $93M (Funding Round) on July 9, 2025.
  • BioSapien raised $8M (Pre-Series A) on July 7, 2025.
  • FELIQS raised $9M (Series A) on July 1, 2025.
  • Pelthos Therapeutics raised $50M on July 1, 2025.

Who to call at ProteinQure, and when

A new round usually means ProteinQure is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

ProteinQure

Location

Toronto, Ontario, Canada

About

ProteinQure is a biotechnology company developing computational peptide therapeutics. They focus on designing therapeutic peptides using a proprietary platform that combines machine learning, structural biology, and atomic-level simulations. Their innovations aim to enable tissue-specific delivery and access to novel target classes in various medical fields such as oncology and neurology. The company is advancing programs for challenges like triple-negative breast cancer.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

ProteinQure 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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