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Venture Capital News: Altoida Upsizes Series A Round to $20.3M

2022-03-30
HOUSTON, TX, Altoida, a precision neurology company, has successfully raised an additional $14 million for its Series A round.
HOUSTON, TX, Altoida, a precision neurology company pioneering non-invasive brain health measurement and neurological disease diagnostics with AI and augmented reality (AR), has successfully raised an additional $14 million for its Series A round with new and existing investors.

The investment was co-led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany) and Whitecap Venture Partners. New investors HonorHealth and BTOV participated in the round with existing investors Alpana Ventures, Hikma Ventures, Fyrfly, and VI Partners, bringing the total Series A funds raised to $20.3 million.
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