Altum Technologies
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $1.1M
Investors
- 3
About Altum Technologies
Founded in 2016, Altum Technologies Oy is headquartered in Helsinki, Finland. The company specializes in advanced ultrasound solutions to address critical challenges in liquid-carrying equipment. Its founder, Mikko Tainela, has a history in founding technology-focused companies.vc, and Tesi.Altum Technologies specializes in advanced solutions that leverage high-power ultrasound technology to mitigate fouling and scaling in liquid-carrying equipment. Their flagship product, the Zero Process Downtime (ZPD) solution, effectively prevents and removes fouling without halting production, enhancing process efficiency in applications across the biogas, pulp and paper, and chemical processing sectors. By utilizing ultrasound properties, Altum's technology reduces maintenance needs, energy consumption, and reliance on hazardous chemicals.In 2023, Altum Technologies generated revenue of EUR 877,004. The company reported an EBITDA loss of EUR 1,741,359. The focus is on enhancing its market presence and developing new products that cater to specific industry needs, aiming for timely market entry in targeted sectors.
Who invested in Altum Technologies
3 investors across 2 rounds
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Questions about Altum Technologies
Who invested in Altum Technologies?
Altum Technologies has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Altum Technologies raised?
Altum Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Altum Technologies last raise money?
Altum Technologies's most recent round on record is a Series A, in Aug 2018.
What does Altum Technologies do?
Founded in 2016, Altum Technologies Oy is headquartered in Helsinki, Finland.
Where is Altum Technologies headquartered?
Altum Technologies is headquartered in Helsinki, Finland.
Which VCs invest in companies like Altum Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back business support services companies at Altum Technologies's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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