Aprinoia traces corporates for series B round

Jan 16, 2018 • Callum Cyrus

The neurogenerative disease diagnostics technology developer has secured $11.1m in a ShangPharma and TaiAn Technologies-backed round.

Taiwan-based neurogenerative disease treatment developer Aprinoia Therapeutics closed a $11.1m series B round yesterday that was backed by ShangPharma Investment Group, a subsidiary of pharmaceutical research services provider ShangPharma.

Venture capital firm KTB Network led the round, which included biotech advisory firm TaiAn Technologies and DCI Partners, a subsidiary of investment bank Daiwa Securities Group.

Founded in 2015, Aprinoia is working on imaging diagnostic technologies and therapies for neurodegenerative conditions such as Alzheimer’s disease.

The diagnostics technology is based on…

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