Alter-G raises $2.5M for pressured treadmill, from NASA’s threatened VC arm

Alter-G, a Menlo Park, Ca. company that helps people run on a treadmill with the use of air pressure to reduce their effective weight, has raised $2.5 million in a first round of funding (see VentureWire; sub required).

Red Planet Capital, the venture arm of NASA that has recently come under political pressure, and is likely to be scrapped (quick spend the money while you can!), and buyout firm Hellman & Friedman co-led the round.

The two-year… Continue Reading