The funding round was led by Octopus Ventures to support international expansion and the development of autonomous AI agents.
"Altura addresses inefficiencies in managing complex tender and RFP processes, often involving manual, repetitive tasks prone to errors and collaboration bottlenecks,"
The financing round and grant package was co-led by Lockheed Martin Ventures, Chrysalix, and Maven SWIF.
"Our investment in Q5D and its automated electrification technology highlights our dedication to fostering a robust and resilient defense industrial base. Through investments like this one, Lockheed Martin Ventures aims to accelerate the development of next-generation technologies that will enable our customers to stay ahead of emerging threats and maintain a strategic advantage in an increasingly complex security landscape."
The seed round was backed by LocalGlobe and Felix Capital to support international expansion and product development.
"Having seen Adyen’s growth firsthand, I recognise that stablecoins represent an even more profound shift. Traditional processors optimize within existing constraints. We’re eliminating those constraints entirely. Our platform gives businesses the fastest, cheapest, most transparent way to move money globally and our mission is to make legacy cross-border payment methods look antiquated."
The legal technology company raised £22.1m from investors including Revaia, Alumni Ventures, and Clio to accelerate international expansion and product development.
"This latest investment round is a testament to the hard work of an incredible team and the trust our customers have placed in us."