Altura, an Amsterdam, Netherlands-based AI-driven bid management platform, has raised €8 million in Series A funding.
Investors
The round was led by Octopus Ventures, with participation from Fortino Capital, Curiosity VC, and P1ST investors Perry Oostdam and Pawel Smoczyk.
Octopus Ventures is a European venture capital firm based in London with global reach through offices in New York, Shanghai, and Singapore. It focuses on early-stage investments from pre-seed to Series B across health tech, fintech, B2B software, climate tech, and consumer.
Altura Use of Funds
The company will use the funds to scale operations, introduce advanced agentic AI capabilities, and expand into the UK market with a new London office.
About Altura
Founded in 2019, Altura offers an end-to-end bid management platform that supports every stage of the tender lifecycle by centralizing knowledge and streamlining workflows. It integrates AI tools powered by large language models to assist bid managers with data searching, content generation, and automating time-consuming tasks such as tender identification and performance analysis. Its autonomous AI agents actively complete tasks, flag risks, and generate insights, enabling teams to focus on strategic decisions.
Funding Details
Company: Altura
Raised: €8.0M
Round: Series A
Funding Date: June 2025
Lead Investor: Octopus Ventures
Additional Investors: Fortino Capital, Curiosity VC, Perry Oostdam, Pawel Smoczyk (P1ST investors)
Company Website: https://altura.io/
Software Category: Bid Management
Source: https://tech.eu/2025/06/09/altura-raises-eur8m-for-ai-powered-bid-management-platform/