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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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