# Altimet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altimet

- Industry: Hardware
- Headquarters: Annecy, France
- Website: www.altimet.fr
- Total disclosed funding: $1.1M
- Latest round: Series A (Jan 24, 2007)
- Investors on record: 1

## About

Altimet specializes in advanced surface metrology solutions, providing high-precision measurement instruments for various industrial applications, including aerospace, automotive, and electronics sectors.Altimet is a French company founded in 2004, focusing on surface metrology solutions. The company has undergone no major pivots and operates independently. It has been involved in two funding deals, with the most recent transaction occurring in September 2008, when it raised EUR 640,000 from Grenoble Angels. Altimet's headquarters is located in France, and it has a current valuation of EUR 3.267 mn.Altimet specializes in advanced surface metrology solutions, offering a range of high-precision measurement instruments designed for various industrial applications. Their core product offerings include state-of-the-art measurement tools that facilitate the analysis and evaluation of surface characteristics, essential for industries such as aerospace, automotive, and electronics. These instruments are engineered to address specific challenges in surface quality, enabling clients to ensure compliance with stringent industry standards and improve product performance. The company's clientele comprises manufacturers and engineers who require reliable data to inform their production processes, ensuring that components meet the necessary specifications. Altimet's products are marketed primarily in Europe, North America, and Asia, catering to a global demand for advanced metrology solutions.In 2022, Altimet generated revenue of EUR 1,880,725.10 and reported an EBITDA of EUR 808,947.80. The company generates revenue through direct sales of its measurement instruments and service agreements that provide ongoing support and calibration. Altimet engages in B2B transactions, selling its products to manufacturers who require precise measurement capabilities in their production lines. Clients can opt for comprehensive service packages that may include maintenance and technical support, ensuring optimal performance of their equipment. Altimet's flagship products include specialized surface measurement tools recognized for their accuracy and reliability in critical applications. The pricing structure for these products reflects the high-end nature of the technology, aligning with the value provided to customers through enhanced operational efficiency and quality assurance.In September 2008, Altimet raised EUR 640,000 in funding to support its growth initiatives. The company plans to develop new products to enhance its metrology solutions, although specific release dates have not been disclosed. Future growth strategies include expanding into additional geographic markets, with a focus on regions where demand for precision measurement is increasing. Details on how the funding will specifically support these initiatives have not been provided.

## Funding rounds

- Series A, Jan 24, 2007, $1.1M — APICAP

## Investors

- APICAP (https://capitalatlas.ai/funds/apicap) — Series A