Altura secures €8m in Series A funding led by Octopus Ventures to expand into the UK
The funding round was led by Octopus Ventures to support international expansion and the development of autonomous AI agents.
≈ £6.8M at €1 = £0.8468 on 10 Jun 2025
Altura develops an AI-driven bid management platform that helps organisations streamline tenders and proposals.
Dutch startup Altura has secured €8m in Series A funding to accelerate its growth and expand into the UK market. The financing round was led by Octopus Ventures, with additional participation from Fortino Capital, Curiosity VC, and P1ST investors. Founded in 2021, the company brings its total funding to €12m.
The fresh capital will support the company's international expansion, notably through opening a new office in London to target the UK public sector procurement market. Altura plans to further develop its autonomous AI agents and enhance its workflow integrations to help organisations improve win rates and reduce manual workloads in tender management.
From the founder
"Altura addresses inefficiencies in managing complex tender and RFP processes, often involving manual, repetitive tasks prone to errors and collaboration bottlenecks,"
Matthijs Huiskamp
Founder & CEO at Altura
Use of funds
- 01Expand into international markets
- 02Continue product development
