About Altitec
Altitec is a company based in London (United Kingdom) founded in 2001 was acquired by Swire Renewable Energy in February 2024.. The company has 15 employees as of April 30, 2021. Altitec offers products and services including Construction and Installation Services, Blade Services, HV and Electrical Services, Service and Maintenance, and Marine Services. Altitec operates in a competitive market with competitors including SkySpecs, DNV, Cadeler, Alpiq and GEV Wind Power, among others.
- Headquarter London, United Kingdom
- Employees 15 as on 30 Apr, 2021
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Altitec Limited
- Date of Incorporation 28 Aug, 2001
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
15
as on Apr 30, 2021
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Acquired by
Swire Renewable Energy
(Feb 01, 2024)
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Products & Services of Altitec
Altitec offers a comprehensive portfolio of products and services, including Construction and Installation Services, Blade Services, HV and Electrical Services, Service and Maintenance, and Marine Services. 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.
Services for pre-assembly and installation of wind turbines onshore and offshore.
End-to-end inspections, repairs, and maintenance for wind turbine blades.
Maintenance solutions to optimize turbine electrical components and reduce downtime.
Specialized solutions to minimize maintenance needs and unplanned outages.
Tailored solutions for marine aspects of wind energy projects from commissioning to decommissioning.
Funding Insights of Altitec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Altitec
Altitec has secured backing from 1 investor. Prominent investors backing the company include Swire Renewable Energy. 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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Offers inspection, repair, and maintenance for onshore and offshore wind turbines worldwide.
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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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Founded Year | Domain | Location | |
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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 Altitec
| 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 - Altitec
| 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 |
Altitec Comparisons
Competitors of Altitec
Altitec 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 SkySpecs, DNV, Cadeler, Alpiq and GEV Wind Power, 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 |
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| domain | founded_year | HQ Location |
UAV solutions for inspecting hard-to-reach structures are provided.
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| domain | founded_year | HQ Location |
Offshore classification, training, advisory, and analytics services are provided.
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| domain | founded_year | HQ Location |
Wind operation and maintenance services are provided globally.
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| domain | founded_year | HQ Location |
Energy trading, asset management, and renewable solutions are provided.
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| domain | founded_year | HQ Location |
Offers turbine blade maintenance services
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| domain | founded_year | HQ Location |
Provider of surface protection and industrial services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Altitec
Frequently Asked Questions about Altitec
When was Altitec founded?
Altitec was founded in 2001.
Where is Altitec located?
Altitec is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Altitec have?
As of Apr 30, 2021, the latest employee count at Altitec is 15.
What does Altitec do?
Altitec was founded in 2001 and is headquartered in London, United Kingdom. Operations focus on the wind energy sector, with specialization in turbine blade inspections and overall maintenance. Over 5000 blades and 1700 turbines have been inspected across the UK, Europe, South Africa, and Australia. Services incorporate ground-based telescopic scanning, unmanned aerial vehicles, powered rope ascenders, and blade access platforms.
What products or services does Altitec offer?
Altitec offers Construction and Installation Services, Blade Services, HV and Electrical Services, Service and Maintenance, and Marine Services.
Who are Altitec's investors?
Altitec has 1 investor. Key investors include Swire Renewable Energy.