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AltPep Raises $23M Jumpstarting Work on Alzheimer's Disease

Jan 15, 2021over 4 years ago

Amount Raised

$23 Million

Seattle

Description

 AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer's Disease, today announced it closed a $23.150 million Series A investment round. Matrix Capital Management led the investment, with significant participation by Alexandria Venture Investments. In conjunction with the financing, David Goel, Managing General Partner and Founder of Matrix Capital Management and Joel Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities/Alexandria Venture Investments, have joined the AltPep Board of Directors.

Company Information

Company

Alt Pep Corporation

Location

Seattle, Washington, United States

About

AltPep is a preclinical-stage biotechnology company. AltPep's first application has the potential to revolutionize the diagnosis of Alzheimer's disease, the most common form of dementia.

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