About Altek AL
Altek AL is a company based in Chesterfield (United Kingdom) founded in 2010 was acquired by Harsco in May 2018.. Altek AL offers products and services including Dross Press and Electromagnetic Stirring.
- Headquarter Chesterfield, United Kingdom
-
Sectors
Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Altek Europe Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$2.86 M (USD), Grant
Oct 31, 2017
-
Investors
European Union
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Harsco
(May 29, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Altek AL
Altek AL offers a comprehensive portfolio of products and services, including Dross Press and Electromagnetic Stirring. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aluminium dross pressing and cooling systems are designed and manufactured to maximize dross recovery.
Electromagnetic stirring systems for molten metal are provided to enhance aluminium processing efficiency.
Funding Insights of Altek AL
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $2.9M
-
First Round
First Round
(01 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Grant - Altek AL | Valuation |
investors |
|
| Sep, 2016 | Amount | Grant - Altek AL | Valuation |
investors |
|
| Sep, 2015 | Amount | Grant - Altek AL | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altek AL
Altek AL has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Enviri and EIC Fund. 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 |
|---|---|---|---|---|
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Environmental solutions and recycling services are provided globally.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Altek AL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Altek AL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altek Al Comparisons
Competitors of Altek AL
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Altek AL
When was Altek AL founded?
Altek AL was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is Altek AL located?
Altek AL is headquartered in Chesterfield, United Kingdom. It is registered at Chesterfield, Derbyshire, United Kingdom.
What does Altek AL do?
Altek AL offers Dross Press, Electromagnetic Stirring while focusing on industrial goods and manufacturing, and manufacturing services. Manufacturer of aluminum dross and scrap processing systems. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.
What products or services does Altek AL offer?
Altek AL offers Dross Press and Electromagnetic Stirring.
Who are Altek AL's investors?
Altek AL has 3 investors. Key investors include European Union, Enviri, and EIC Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.