What is Altira?
Altira Inc operates as a sophisticated player in the design and engineering of plastic components, leveraging advanced manufacturing processes such as extrusion blow molding and injection molding. By integrating a state-of-the-art CNC machine shop, the company provides a unique value proposition that combines low-cost mold production with rapid prototyping services. This dual-capability model allows Altira to serve a diverse client base, ranging from agile startups to established industry leaders. Their comprehensive service suite, which includes silk-screening, PS label application, and hot stamping, positions them as a full-service partner in the plastic packaging lifecycle, ensuring both functional integrity and aesthetic precision for their clients.
How much funding has Altira raised?
Altira has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Altira
PPP
Public-Private Partnership
What's next for Altira?
With the infusion of this major strategic investment, Altira is poised to accelerate its operational scaling and technical infrastructure upgrades. The company is expected to prioritize the enhancement of its CNC machining capacity and the expansion of its preform library to meet increasing demand for custom packaging solutions. By focusing on high-efficiency production cycles and maintaining flexible manufacturing standards, Altira aims to solidify its market position as a premier provider of industrial plastic components. Future growth will likely center on optimizing supply chain logistics and further integrating automated finishing services to drive long-term enterprise value.
See full Altira company page