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Red Queen Therapeutics

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Red Queen Therapeutics is working to outcompete viral evolution, to better protect humanity from serious illnesses

Cambridge, United StatesFounded 2021Biotech & Life Sciences
Valuation $250–500M Last recorded · 2024
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Red Queen Therapeutics

Red Queen Therapeutics is a clinical-stage biotechnology firm, established in 2021, focused on developing treatments for a wide array of virus-borne illnesses. The company was co-founded by the life sciences venture capital firm Apple Tree Partners (ATP) and Dr. Loren Walensky, a physician-scientist at Dana-Farber Cancer Institute whose research into stapled lipopeptides provides the foundation for the company's core technology. Dr. Walensky is a Professor of Pediatrics at Harvard Medical School and an Attending Physician in Pediatric Oncology at Dana-Farber/Boston Children's Hospital, bringing deep expertise in peptide therapeutics to the company's mission.

The company's strategic focus is on developing antiviral therapies that can serve both the general population and, in particular, immunocompromised patients who are at a higher risk from viral pathogens. Red Queen's business model revolves around the development and clinical validation of its drug pipeline, fueled by significant venture funding. In August 2024, the company announced a $55 million Series A commitment from its co-founder, ATP, to advance its programs. Additionally, it has secured a contract with the Biomedical Advanced Research and Development Authority (BARDA) to support the preclinical development of a pan-influenza therapeutic.

Red Queen’s core product is a proprietary platform technology that creates stapled lipopeptides. These therapeutics are designed to inhibit viral fusion, the process by which enveloped viruses like coronaviruses and influenzas enter host cells. By blocking this essential and highly conserved mechanism, the drugs aim to prevent infection, slow disease progression, and hasten viral clearance. This approach is designed to be effective across entire families of viruses and their variants, posing a high barrier to resistance. A key benefit is that the mechanism does not rely on the patient's immune system, making it a suitable option for immunocompromised individuals. The company's lead candidate, RQ-01, is an intranasal treatment for COVID-19 that showed a positive safety profile and evidence of efficacy in a Phase 1 trial. Other programs in the pipeline include RQ-02 for respiratory syncytial virus (RSV), and treatments for influenza and herpes. The therapies are being developed for multiple administration routes, including nasal spray, inhaler, and injection, and are designed to be shelf-stable at room temperature.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Cambridge, United States
Employees
2
Open positions
None listed
Dealroom signal
26.0/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Aug 2024 $55M $220M Apple Tree Partners · US Biomedical Advanced Research and Development Authority ↗
SPINOUTOther financing Jan 2021 $0 — Harvard Medical School · Dana-Farber Cancer Institute —
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Growth signals

Red Queen Therapeutics website traffic

Latest recorded traffic for Red Queen Therapeutics is 2.5K monthly website visits, down 10.7% over the last three months. Red Queen Therapeutics's team declined 33.3% over the past year.

Latest monthly visits2.5K 3-month web change-10.7% 1-year team growth-33.3%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Apple Tree Partners
  • US Biomedical Advanced Research and Development Authority

Other known investors2 additional known investors

  • Dana-Farber Cancer Institute
  • Harvard Medical School
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Red Queen Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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