Altar

Evry, France Founded: 2017 • Age: 9 yrs Acquired By Lesaffre
Fluidic automated systems are developed for continuous microbial suspension culture.

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.

Key Metrics

Funding Insights of Altar

  • Total Rounds 4
  • Last Round Grant β€” $2.48M
  • First Round $608,714

    (Mar 2018)

  • Investors Count 1

All 4 funding rounds of Altar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$2.48MGrant––
Jun 2019$55,992Grant––
Jan 2019$346,758Grant––
Mar 2018$608,714Grant––
Valuation history

3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Provider of yeast and its related products
1853lesaffre.com-
Gene editing-based cultured ingredients are provided for agriculture.
2008ginkgobioworks.comBoston, United States
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Investor details for Altar

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Timeline of Altar

5 dated milestones of Altar across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Altar is founded.
  2. Funding First funding round of $609K.
  3. Funding Latest funding round, Grant, of $2.5M.
  4. Exit Acquired by Ginkgo Bioworks.
  5. Exit Acquired by Lesaffre.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
biomesense.com2018Chicago, United States$8.43M9
AI-enabled platform for microbiome data generation and analysis is developed.
ogibio.co.uk2020Penicuik, United Kingdom$4.57M8
Modular automation system for routine microbial culturing is provided.
millidrop.com2015Paris, France$1.13M–
Benchtop instruments for parallel bacteriological cell analysis are developed.
azerscientific.com2003Morgantown, United States–47
Provides laboratory instruments, chemicals, supplies, and equipment for scientific research.
hp-med.com2006Munich, Germany–18
Develops and manufactures mobile sterilization systems for hospitals, military, and NGOs.
dwscientific.co.uk1976Shipley, United Kingdom––
Develops, manufactures, and services laboratory equipment for microbiology and tissue culture.
geevo.net2010Hangzhou, China––
Manufactures high-quality microbiological products for various applications.
precellys-china.com2013Paris, France––
Offers sample preparation instruments for laboratory use.
meditry.com2011Shanghai, China––
Provides laboratory equipment, medical instruments, and testing devices for sectors.
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Detailed competitors of Altar

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Latest news on Altar

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Complete news archive for Altar

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Similar companies to Altar

10 companies that operate in the same segment as Altar (Life Sciences Platforms & Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M––
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B––
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.3 BUSD 301.49 M1,480
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Biological reagents and antibodies are developed for life science research.
1998Cambridge, Cambridgeshire, United KingdomUSD 78.8 M––
Electron microscopy services and microanalysis instruments are provided.
1956Waltham, Massachusetts, United States–USD 44.56 B125,000
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
A platform for sharing and accessing academic research papers is provided.
2008San Francisco, California, United StatesUSD 58.4 M––
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
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Frequently Asked Questions about Altar

Altar was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Altar is headquartered in Evry, France. It is registered at Evry, Essonne, France.

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.

Altar's top competitors include BiomeSense, OGI Bio and Millidrop.

Altar has 3 investors. Key investors include Ginkgo Bioworks, Lesaffre, and European Union.

Yes. Altar was acquired by Ginkgo Bioworks in October 2022.

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