What is Altira?
Altira Inc. is a specialized entity focused on the design and engineering of plastic bottles and components. The company leverages advanced manufacturing processes, including extrusion blow molding and injection molding, supported by a state-of-the-art CNC machine shop. This capability allows Altira to offer cost-effective molds and rapid prototyping services, catering to a diverse clientele ranging from emerging businesses to established industry leaders. Their flexible production capacity and extensive library of preforms, coupled with value-added services like silk-screening, PS label application, and hot stamping, position Altira as a comprehensive solutions provider in the plastic packaging and component manufacturing market.
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
What's next for Altira?
The recent major strategic investment signals a pivotal moment for Altira, likely enabling accelerated growth and expansion. This backing is expected to fuel advancements in their design and engineering capabilities, potentially leading to the development of new product lines or the enhancement of existing manufacturing technologies. Strategic deployment of this capital could also facilitate market penetration, allowing Altira to capture a larger share of the plastic bottle and component market. The company's focus on rapid prototyping and flexible production suggests a strategic direction towards innovation and responsiveness to evolving client needs.
See full Altira company page
