About Altar
Altar is a company based in Evry (France) founded in 2017 was acquired by Lesaffre in October 2024.. Altar operates in a competitive market with competitors including BiomeSense, OGI Bio, Millidrop, Azer Scientific and HP Medizintechnik, among others.
- Headquarter Evry, France
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.48 M (USD), Grant
Jan 01, 2021
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Investors
Ginkgo Bioworks
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Altar
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $2.5M
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First Round
First Round
(01 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Grant - Altar | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - Altar | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Altar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altar
Altar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Ginkgo Bioworks, Lesaffre and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Provider of yeast and its related products
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Gene editing-based cultured ingredients are provided for agriculture.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Altar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altar Comparisons
Competitors of Altar
Altar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BiomeSense, OGI Bio, Millidrop, Azer Scientific and HP Medizintechnik, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled platform for microbiome data generation and analysis is developed.
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| domain | founded_year | HQ Location |
Modular automation system for routine microbial culturing is provided.
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| domain | founded_year | HQ Location |
Benchtop instruments for parallel bacteriological cell analysis are developed.
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| domain | founded_year | HQ Location |
Provides laboratory instruments, chemicals, supplies, and equipment for scientific research.
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| domain | founded_year | HQ Location |
Develops and manufactures mobile sterilization systems for hospitals, military, and NGOs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Altar
Frequently Asked Questions about Altar
When was Altar founded?
Altar was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Altar located?
Altar is headquartered in Evry, France. It is registered at Evry, Essonne, France.
What does Altar do?
Altar was founded in 2017 in Evry, France, within the biotechnology sector. Fluidic automated systems are created by the company to enable continuous culture of microbial suspensions. These systems support the development of automated devices that enhance microorganism performance through natural selection. Algorithm-controlled conditions are applied to maintain cultures for extended durations, facilitating research and applications in microbial engineering.
Who are the top competitors of Altar?
Altar's top competitors include BiomeSense, OGI Bio and Millidrop.
Who are Altar's investors?
Altar has 3 investors. Key investors include Ginkgo Bioworks, Lesaffre, and European Union.
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