Altris Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 20

Employees

  • Latest Deal Type
  • Series B1

  • Latest Deal Amount
  • $46.1M

  • Investors
  • 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.se
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Kungsgatan 70b
  • 753 18 Uppsala
  • Sweden
+46 070-532
Primary Industry
Energy Storage
Other Industries
Other Utilities
Corporate Office
  • Kungsgatan 70b
  • 753 18 Uppsala
  • Sweden
+46 070-532

Altris Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Altris’s complete valuation and funding history, request access »

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%
To view Altris’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Altris Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of cathode materials intended to produce sustainable batteries for generating affordable electricity. The c
Energy Storage
Uppsala, Sweden
20 As of 2026

Beijing, China
 

Sheffield, United Kingdom
 
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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
To view Altris’s complete competitors history, request access »

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
To view Altris’s complete patent history, request access »

Altris Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 14 investors. Get the full list »

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