What is Altech?
Founded in May 1979, Altech, Inc. is a family-owned and operated construction company built on principles of honesty, integrity, and customer satisfaction. Initially concentrating on government construction projects for entities like Red River Army Depot and Lone Star Ammunition Plant, Altech earned recognition for its outstanding contributions, including an Administration's Award for Excellence from the U.S. Small Business Administration in 1993. By the mid-1990s, the company expanded its focus to include commercial, institutional, and industrial projects. Altech remains committed to delivering high-quality construction services, upholding the highest ethical standards in the industry.
How much funding has Altech raised?
Altech has raised a total of $770K across 2 funding rounds:
Debt
$350K
Debt
$420K
Debt (2020): $350K with participation from PPP
Debt (2021): $420K led by PPP
What's next for Altech?
The recent major strategic investment and overall enterprise-level funding suggest Altech is poised for significant expansion and potentially diversification of its services or market reach. This capital infusion will likely support enhanced operational capabilities, technological adoption within its construction processes, and potentially the pursuit of larger-scale projects. The company's established reputation and family-driven values, combined with this new financial backing, position it for continued success and market leadership in the construction sector.
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