Altaeros

Somerville, MA · Founded 2010 · Privately Held (backing)

Provider of autonomous aerostats and support services intended to connect rural areas with mobile broadband. Altaeros is based in Somerville, MA and was founded in 2010. It was valued at $102 million at its later-stage round in Nov 2021, the last priced event on record. It has raised $93.9 million across 2 recorded rounds; the latest was a $3.8 million seed round in Oct 2018.

PMV mark · valuation
$102.3M
Oct 2026
Priced at
its later-stage round
Nov 2021
Total raised
$93.9M
Last round
Seed Round
Oct 2018

Who backs Altaeros?

19 investors
InvestorType
US National Science FoundationOther
MassChallenge—
In-Q-TelVenture capital
SoftBank Investment AdvisersGrowth equity
MassVenturesOther
Mirai Creation CapitalVenture capital
Safar PartnersVenture capital
JHH vcFamily office
Chris Varrone—
Energy and Navy—
+ 9 more investors · a free account shows the complete list
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Altaeros investors

19 investors are on record for Altaeros, including US National Science Foundation, MassChallenge, In-Q-Tel and SoftBank Investment Advisers. The seed round in Oct 2018 drew 2 investors.

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