Altratech

Clarecastle, Ireland Founded: 2013 • Age: 13 yrs
Next-generation molecular detection kits for viral diseases are developed.
Annual revenue - Latest available
Total funding $11.0M 10 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Altratech

Altratech is a company based in Clarecastle (Ireland) founded in 2013 by Tim Cummins. It operates as a HealthTech. Altratech has raised $10.98 million across 10 funding rounds from investors including European Commission, Enterprise Ireland and European Union. Altratech offers products and services including Multi-Analyte Point-of-Care Diagnostics. Altratech operates in a competitive market with competitors including NeuMoDx, Kryptos Biotechnologies, Quantalife, Beijing Xinyi Biotechnology and SpinDiag, among others.

  • Headquarter Clarecastle, Ireland
  • Founders Tim Cummins
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Altratech Ltd
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.98 M (USD)

    in 10 rounds

  • Latest Funding Round
    $11.52 M (USD), Grant

    Oct 07, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Altratech

Altratech offers a comprehensive portfolio of products and services, including Multi-Analyte Point-of-Care Diagnostics.

Product name locked
Category locked
Primary

Innovative diagnostics for multiple analytes at point-of-care settings.

People of Altratech

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Tim Cummins
CTO & Co-Founder,
People
Yan Zhao
Senior R&D Engineer
People
Colin King
Senior Lead Engineer
People
Tara Dalton
CEO

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Funding Insights of Altratech

Altratech has successfully raised a total of $10.98M across 10 strategic funding rounds. The most recent funding activity was a Grant round of $11.52 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Altratech

Altratech has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include European Commission, Enterprise Ireland and European Union.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
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VC firm investing in the UK and the US
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Investor details for Altratech

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Investments & Acquisitions by Altratech

Investments
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Investment portfolio details for Altratech

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Financial Statements - Altratech

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Detailed financials for Altratech

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Altratech Comparisons

Altratech Primary company
Description
Next-generation molecular detection kits for viral diseases ...
Location
Clarecastle, Ireland
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Altratech

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Competitors of Altratech

Altratech 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 NeuMoDx, Kryptos Biotechnologies, Quantalife, Beijing Xinyi Biotechnology and SpinDiag, among others.

Company Name Domain Founded year HQ Location Description
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Developer of a platform for low cost molecular testing
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Point-of-care molecular diagnostics are enabled by Ultrafast Photonic PCR technology.
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Provide tools that accelerate new strategies for the diagnosis and treatment of inherited disorders, cancer, and infectious disease.
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Micro-droplet digital PCR and diagnostic reagents are manufactured.
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Point-of-care systems for screening drug-resistant pathogens are developed.
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Detailed competitors of Altratech

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Latest news on Altratech

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Complete news archive for Altratech

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Frequently Asked Questions about Altratech

Altratech was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Altratech is headquartered in Clarecastle, Ireland. It is registered at Clarecastle, County Clare, Ireland.

Tara Dalton is the current CEO of Altratech.

Altratech is a funded company, having raised a total of $10.98M across 10 funding rounds to date.

Altratech is engaged in developing advanced multi-analyte point-of-care diagnostics. The company operates within the healthcare sector, offering solutions for rapid and accurate medical testing. Its technology is showcased at global conferences like TRI-CON Precision-Medicine in San Diego, aiming to transform diagnostic capabilities for various medical conditions.

Altratech's top competitors include NeuMoDx, ReadyGo and Quantalife.

Altratech offers Multi-Analyte Point-of-Care Diagnostics.

Altratech has 7 investors. Key investors include European Commission, Enterprise Ireland, European Union, Claret Capital Partners, and Kernel Capital.

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