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INDUSTRY FIRST

ALTR raises $5M in a Seed round led by Demeter to advance its alcohol removal technology, enhancing premium beverages while catering to growing mindful drinking trends.

Jul 09, 2025•about 1 month ago

Amount Raised

$5 Million

Round Type

seed

PhoenixCyber SecuritySecuritySoftware

Investors

XinomavroSolvableBluestein VenturesFtw VenturesAz Venture Capital Inc.TechmindSuntory Global SpiritsDemeter

Description

ALTR, a beverage technology company based in Phoenix, has successfully closed a $5 million seed funding round. The funding aims to commercialize the company's advanced alcohol removal technology. Led by French investment fund Demeter, the round includes notable investors such as Suntory Global Spirits and Techmind. This investment will help accelerate product development and expand partnerships with wineries as consumer interest in low-alcohol options increases.

Company Information

Company

ALTR

Location

Phoenix, Arizona, United States

About

ALTR is transforming the binary nature of drinking in today's culture. Where alcohol is simply an ingredient, you get to choose how much you want, a little, a lot, or none.

FundzWatch™ Score

79
Medium Activity

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