Altum Technologies
Zero Process Downtime with Power Ultrasound
Helsinki, Finland · Founded 2016 · $16.3M raised
- Headquarters
- Helsinki
- Founded
- 2016
- Business Model
- B2B
- Website
- altumtechnologies.com
- Total Funding
- $16.3M
- Last Round
- $16.3M Series BJun 2023
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Founded in May 2016 in Helsinki, Finland by Matias Tainela and Bo Malmberg together with a research team led by Professor Edward Haeggstrom at the University of Helsinki, Altum Technologies develops software-guided power ultrasound technology that prevents and removes fouling and scaling from industrial equipment such as heat exchangers, evaporators, pipes, pumps, and valves, without production stoppages or equipment disassembly. The company serves process industries including pulp & paper, mining, energy, oil & gas, nuclear, food & beverage, water, and chemicals, and maintains offices in Helsinki, Finland and Las Vegas, Nevada, USA.
Summary
Altum Technologies is a Clean Tech company based in Helsinki, Finland, founded in 2016. It has raised $16.3M in total across 3 rounds, most recently a $16.3M Series B round in Jun 2023. Investors include Maki.vc, Tesi and Lifeline Ventures.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Jun 2023
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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