Fundz

Altaeros Energies reported raising $2 Million in an initial SEC Form D filing, from an offering of $5 Million

PRIVATEJan 03, 2025$2M of $5M raised

Amount Raised

$2 Million

$2 Million sold, per SEC Form D (first sale Dec 20, 2024)

Round Type

Seed

SomervilleAerospace

Quick answer

Altaeros Energies raised $2 Million in a Seed round, dated December 20, 2024. Altaeros Energies is based in Somerville, Massachusetts, United States.

How much did Altaeros Energies raise?
Altaeros Energies raised $2 Million in a Seed round on December 20, 2024.
What does Altaeros Energies do?
Altaeros’ mission is to connect people, machines and data, no matter where they happen to be located.
Where is Altaeros Energies based and how big is it?
Altaeros Energies is based in Somerville, Massachusetts, United States. Fundz records about 55 employees.
Who are the decision-makers at Altaeros Energies?
Fundz holds 1 contact at Altaeros Energies, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace around the same time

Companies in the same sectors as Altaeros Energies that raised within 45 days of this round, from Fundz verified event records.

  • Lowental Hybrid raised $5M (Seed) on February 3, 2025.
  • BonV Aero raised an undisclosed amount (Funding Round) on January 30, 2025.
  • AscendArc raised $4M (Seed) on January 29, 2025.
  • Orbex raised $25M (Series D) on January 29, 2025.
  • Spaceium raised $6.3M (Seed) on January 24, 2025.
  • Dream Aerospace raised $347K (Pre-Seed) on January 23, 2025.

Who to call at Altaeros Energies, and when

A new round usually means Altaeros Energies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Altaeros Energies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Altaeros Energies, from your own LinkedIn network

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Company Information

Company

Altaeros Energies

Location

88 Iron Horse Drive

Somerville, Massachusetts, United States

About

Altaeros’ mission is to connect people, machines and data, no matter where they happen to be located. Founded at MIT in 2010, we are focused on developing and deploying innovative real-world infrastructure solutions to solve the most difficult infrastructure challenges. Altaeros' SuperTower solution is a tethered, aerial cell tower designed to extend communication networks to areas in need. SuperTowers float over ~1000 feet off the ground and can carry a variety of payloads including 4G, 5G, IoT, fixed wireless, environmental monitoring, and others. Each SuperTower can replace numerous ground-based towers, offering a quicker and less expensive way to build communications infrastructure or roll out new technologies.

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Related People

1 contact
Verified contactsBen G., Executive Officer, Director, Promoter hiddenSee plans and pricing
Predictive Intelligence
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Altaeros Energies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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