Altaeros Overview
- Founded
-
2010
- Status
-
Private
- Employees
-
43
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$34.8M
- Investors
-
13
Altaeros General Information
Description
Developer of an airborne wind turbine designed to deliver advanced technology of infrastructure to rural and isolated communities. The company's turbine is a high-altitude turbine made for mobility and rapid deployment at remote, military, and offshore sites, as well as help in cost-effective deployment of ubiquitous telecom services and deployment of technology-enabled agricultural services, enabling rural and isolated communities to improve connectivity through their super towers and facilitate control through their aerostat system.
Contact Information
Website
www.altaeros.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Telecommunications Service Providers
Primary Office
- 561 Windsor Street
- Suite B404
- Somerville, MA 02143
- United States
+1 (617) 000-0000
Altaeros Timeline
Altaeros Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 25-Jul-2022 | $34.8M | 000.00 | Completed | Generating Revenue | |
| 7. Later Stage VC (Series B1) | 01-Oct-2021 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 6. Later Stage VC (Series B1) | 14-Nov-2018 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 5. Accelerator/Incubator | 0000 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A) | 08-Aug-2017 | 0000 | 0000 | 0000 | Completed | Generating Revenue |
| 3. Grant | 01-Jan-2017 | 00000 | Completed | Generating Revenue | ||
| 2. Grant | 01-Jan-2014 | $1.59M | Completed | Startup | ||
| 1. Accelerator/Incubator | Completed | Startup |
Altaeros Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1-N | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series B1-A | 00,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
| Series A | 8,941,888 | $0.000001 | $2.57 | $2.57 | 1x | $2.57 | 18.88% |
Altaeros Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an airborne wind turbine designed to deliver advanced technology of infrastructure to rural and isolated co
Telecommunications Service Providers
Somerville, MA
43
As of 2022
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0000000000 0
000.00
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00000000000 000000 000000000
The Hague, Netherlands
00
As of 0000
00.000
0000000000
00.000
000000
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatu
00000000000 000000 000000000
Durham, NC
00
As of 0000
00.000
0000000000
00.000
Add Comparison
Altaeros Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ampyx Power | Venture Capital-Backed | The Hague, Netherlands | 00 | 00.000 | 0000000000 | 00.000 |
| 00000000 | Angel-Backed | Durham, NC | 00 | 00.000 | 0000000000 | 00.000 |
Altaeros Patents
Altaeros Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3529144-A4 | Systems and methods for automated, lighter-than-air airborne platform | Granted | 18-Oct-2016 | 000000000 | 0 |
| EP-3529144-A1 | Systems and methods for automated, lighter-than-air airborne platform | Granted | 18-Oct-2016 | 000000000 | |
| US-20200057455-A1 | Systems and methods for automated, lighter-than-air airborne platform | Pending | 18-Oct-2016 | 00000000 | |
| EP-3529144-B1 | Systems and methods for automated, lighter-than-air airborne platform | Active | 18-Oct-2016 | 00000000 | |
| US-10425179-B2 | Wireless communication station | Active | 16-Sep-2016 | H04J11/003 |
Altaeros Executive Team (7)
Altaeros Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Adam Rein | Self | Co-Founder & Chairman | 000 0000 |
| Mauricio Quintana | Self | Board Member | 000 0000 |
| Philip Shevrin | Self | Board Member | 000 0000 |
| R. Salemme | Self | Board Member | 000 0000 |
| Shigeki Miwa | Self | Board Member | 000 0000 |
Altaeros Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Altaeros Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Chris Varrone | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| SPARX Group Company | Corporation | Minority | 000 0000 | 000000 0 | |
| Mitsubishi Heavy Industries | Corporation | Minority | 000 0000 | 000000 0 | |
| Ratan Tata | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| SoftBank Investment Advisers | Growth/Expansion | Minority | 000 0000 | 000000 0 |