Altum Technologies raises seed money from Lifeline and Tekes

Finland 31 December 2016
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Altum Technologies, a Helsinki, Finland-based cleantech startup, received seed funding of EUR 1.1M ($1.2M) from Lifeline Ventures and Tekes.

Altum, founded in 2016 and led by CEO Matias Tainela, has developed a technology that uses ultrasound to remove fouling from industrial equipment with no production stoppages and no equipment disassembly. Altum aims to use their Power Ultrasound technology to cut production costs, increase employee safety, and diminish the negative impact of industry on people’s lives.

Total investments received (USD): 6.83M

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