Altris Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
20
- Latest Deal Type
-
Series B1
- Latest Deal Amount
-
$46.1M
- Investors
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14
Altris General Information
Description
Manufacturer of cathode materials intended to produce sustainable batteries for generating affordable electricity. The company's products include sustainable, high-energy-density cathode materials and iron and sodium-based electrodes free from nickel, cobalt, and lithium, and are used in rechargeable sodium batteries applied for stationary energy storage, enabling energy storage, automotive, and marine users to use safer, environmentally friendly batteries free of toxic or expensive compounds.
Contact Information
Website
www.altris.seCorporate Office
- Kungsgatan 70b
- 753 18 Uppsala
- Sweden
Corporate Office
- Kungsgatan 70b
- 753 18 Uppsala
- Sweden
Altris Timeline
Altris Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 19. Later Stage VC (Series B1) | 01-Jan-2026 | $46.1M | Completed | Generating Revenue | ||
| 18. Accelerator/Incubator | 01-Oct-2025 | Completed | Generating Revenue | |||
| 17. Later Stage VC | 31-Dec-2024 | Completed | Generating Revenue | |||
| 16. Grant | 11-Jan-2024 | Completed | Generating Revenue | |||
| 15. Later Stage VC | 27-Nov-2023 | Completed | Generating Revenue | |||
| 14. Merger/Acquisition | 27-Nov-2023 | Cancelled | Generating Revenue | |||
| 13. Later Stage VC (Series B) | 02-May-2023 | Cancelled | Generating Revenue | |||
| 12. Later Stage VC | 02-May-2023 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 01-Aug-2022 | $12.8M | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series A) | 21-Mar-2022 | $10.4M | $12.8M | Completed | Generating Revenue |
Altris Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Series A | ||||||||
| Preference | ||||||||
| Seed | 10,692 | $68.43 | $68.43 | 1x | $68.43 | 7.96% | ||
| Ordinary | 3,125 | $5.82 | $5.82 | 1x | $5.82 | 2.33% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Altris Comparisons
Industry
Financing
Details
Altris Competitors (4)
One of Altris’s 4 competitors is Hina Battery, a Venture Capital-Backed company based in Beijing, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Hina Battery | Venture Capital-Backed | Beijing, China | ||||
| Faradion | Formerly VC-backed | Sheffield, United Kingdom | ||||
| Tiamat | Private Equity-Backed | Amiens, France | ||||
| Contemporary Amperex Technology | Formerly VC-backed | Ningde, China |
Altris Patents
Altris Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4741518-A1 | A method for recovering an off-spec prussian white material | Pending | 08-Nov-2024 | ||
| WO-2026099442-A1 | A method for recovering an off-spec prussian white material | Pending | 08-Nov-2024 | ||
| EP-4717671-A1 | A method for manufacturing a prussian white compound | Pending | 27-Sep-2024 | ||
| EP-4717672-A1 | A method for manufacturing a prussian white compound | Pending | 27-Sep-2024 | ||
| WO-2026068489-A1 | A method for manufacturing a prussian white compound | Pending | 27-Sep-2024 | C01C3/12 |
Altris Signals
Altris Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Clarios | PE-Backed Company | Minority | ||
| Maersk Growth | Corporate Venture Capital | Minority | ||
| Volvo Cars Technology Fund | Corporate Venture Capital | Minority | ||
| European Innovation Council | Accelerator/Incubator | |||
| India Sweden Innovations' Accelerator | Accelerator/Incubator |
Altris FAQs
-
When was Altris founded?
Altris was founded in 2015.
-
Where is Altris headquartered?
Altris is headquartered in Uppsala, Sweden.
-
What is the size of Altris?
Altris has 20 total employees.
-
What industry is Altris in?
Altris’s primary industry is Energy Storage.
-
Is Altris a private or public company?
Altris is a Private company.
-
What is Altris’s current revenue?
The current revenue for Altris is .
-
How much funding has Altris raised over time?
Altris has raised $80M.
-
Who are Altris’s investors?
Clarios, Maersk Growth, Volvo Cars Technology Fund, European Innovation Council, and India Sweden Innovations' Accelerator are 5 of 14 investors who have invested in Altris.
-
Who are Altris’s competitors?
Hina Battery, Faradion, Tiamat, and Contemporary Amperex Technology are competitors of Altris.
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