About Altek AL
Altek AL is an Industrial Goods & Manufacturing company based in Chesterfield (United Kingdom) founded in 2010, and was acquired by Harsco in May 2018. Aluminum dross and scrap processing systems are manufactured. Altek AL offers products and services including Dross Press and Electromagnetic Stirring. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services. Its legal entity is ALTEK Europe Ltd.
Company details
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.
- Latest Funding Round$2.86M (USD), Grant
Oct 2017
- InvestorsEuropean Union
& 2 more
- Acquired byHarsco
(May 2018)
Products & Services of Altek AL
Altek AL offers a comprehensive portfolio of products and services, including Dross Press and Electromagnetic Stirring.
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.
Apps and channels of Altek AL
its YouTube channel Altek Group has 154 subscribers and 7 videos.
Videos from Altek AL
The most watched videos on Altek AL's YouTube channel, Altek Group (154 subscribers). Click a video to play it here.
More on Altek Group.
Funding Insights of Altek AL
- Total Rounds 3
- Last Round Grant — $2.86M
- First Round $3.76M
(Sep 2015)
- Investors Count 2
All 3 funding rounds of Altek AL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $2.86M | Grant | – | – | |
| Sep 2016 | $1.16M | Grant | – | – | |
| Sep 2015 | $3.76M | Grant | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Environmental solutions and recycling services are provided globally. | 1853 | harsco.com | Camp Hill, United States |
Investor details for Altek AL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Altek AL
4 dated milestones of Altek AL across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Altek AL is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Grant, of $2.9M.
- Exit Acquired by Harsco.
Web traffic of Altek AL
The website of Altek AL (altek-al.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 1500.1% vs previous month
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Frequently Asked Questions about Altek AL
Altek AL was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Altek AL is headquartered in Chesterfield, United Kingdom. It is registered at Chesterfield, Derbyshire, United Kingdom.
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.
Altek AL offers Dross Press and Electromagnetic Stirring.
Altek AL has 3 investors. Key investors include European Union, Enviri, and EIC Fund.
Altek AL operates through Altek Europe Ltd.
Yes. Altek AL was acquired by Harsco in May 2018.