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Published on 1/30/2023 in the Prospect News Private Placement Daily.

Alto Neuroscience borrows up to $35 million from K2 HealthVentures

Chicago, Jan. 30 – Alto Neuroscience Inc. announced $60 million in additional financing that includes up to $35 million from a credit facility with K2 HealthVentures, according to a press release.

Proceeds will be used for the company’s clinical-stage pipeline.

The other part of the $60 million came from a $25 million series B funding.

In total, Alto has raised $100 million since the company was founded in 2019.

Based in Los Altos, Calif., Alto develops targeted medicines for precision psychiatry.


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