Altura has successfully raised €8 million in a funding round led by Octopus Ventures to scale operations and expand into the UK market.
Information on the Target
Altura, founded in 2019 and headquartered in Amsterdam, specializes in the development of autonomous AI agents. These advanced technology solutions assist businesses in drafting both public and private tenders, streamlining the procurement process.
The company has garnered attention for its innovative approach to automation in tender writing, which significantly increases efficiency for organizations engaged in competitive bidding.
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Industry Overview in the Netherlands
The market for artificial intelligence in the Netherlands is vibrant and rapidly growing. The government has implemented various initiatives to support AI development, aiming to posit
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Disclosed details
Transaction Size: $8M