University of Washington spinout AltPep will use the proceeds from the Alexandria Venture Investments-backed round to advance a lead asset targeting Alzheimer’s disease.

AltPep, a US-based developer of misfolded protein treatment and diagnostics technology, has closed a $23.1m series A round featuring life sciences real estate investment trust Alexandria Real Estate Equities (AREE). The round was led by investment management firm Matrix Capital Management while AREE participated through its venture capital arm, Alexandria Venture Investments. Founded in 2018,…

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