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.
Amount Raised
$5 Million
Round Type
Seed
PhoenixSoftwareSecurityCyber SecurityInvestors
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.
Quick answer
ALTR raised $5 Million in a Seed round, dated July 9, 2025. Investors: Suntory Global Spirits, Techmind, AZ Venture Capital Inc., FTW Ventures, Bluestein Ventures, Solvable, Xinomavro and Demeter. ALTR is based in Phoenix, Arizona, United States.
- How much did ALTR raise?
- ALTR raised $5 Million in a Seed round on July 9, 2025.
- Who invested in ALTR?
- Suntory Global Spirits, Techmind, AZ Venture Capital Inc., FTW Ventures, Bluestein Ventures, Solvable, Xinomavro and Demeter are named as investors in this round.
- What does ALTR do?
- ALTR is transforming the binary nature of drinking in today's culture.
- Where is ALTR based and how big is it?
- ALTR is based in Phoenix, Arizona, United States.
- Who are the decision-makers at ALTR?
- Fundz holds 1 contact at ALTR. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Cyber Security around the same time
Companies in the same sectors as ALTR that raised within 45 days of this round, from Fundz verified event records.
- Taceo raised $5.5M (Seed) on July 31, 2025.
- BlinkOps raised $50M (Series B) on July 28, 2025.
- Starseer raised $2M (Seed) on July 23, 2025.
- Armis Security raised $100M (Secondary Market) on July 22, 2025.
- Guardsquare raised an undisclosed amount on July 9, 2025.
- Starseer raised $1M (Seed) on July 1, 2025.
Who to call at ALTR, and when
A new round usually means ALTR is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ALTR raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ALTR, from your own LinkedIn network
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Related People
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