In July 2022, FlexGen Power Systems raised $100 million of Series C venture funding in a deal led by Vitol. Altira Group and other undisclosed investors also participated in the round. FlexGen is a software technology provider and system integrator that delivers utility-scale energy storage projects integrated with traditional and renewable power generation
In August 2021, Phillips 66 invested in Seeq, an advanced analytics software developer, through Altira Group, that counts Seeq as one of its portfolio companies. Phillips 66 is a diversified energy manufacturing and logistics company with a portfolio of midstream, chemicals, refining, and marketing & specialties businesses
In August 2021, FlexGen Power Systems, a developer of energy storage technology and software, received $150 million of development capital from Altira Group, Apollo Global Management
In January 2020, Seeq Corporation, a manufacturing and Industrial Internet of Things (IIoT) advanced analytics software company, secured $24 million expansion of its Series B funding. This expansion round was led by Saudi Aramco Energy Ventures (SAEV), the corporate venture subsidiary of Saudi Aramco with the other investors such as: Altira Group, Chevron Technology Ventures, Second Avenue Partners, etc.
In 2018, Altira Group invested in ResFrac. ResFrac Corporation makes hydraulic fracturing and reservoir simulation software for the exploration and production industry
In 2017, Altira Group led a $23 million Series B funding round for Seeq Corporation. Other investors include Chevron Technology Ventures, next47, Second Avenue Partners, etc. Seeq offers advanced data analytics software for process industries that enables better decision making across the enterprise
In August 2015, Altira Group led a $25.5 million Series A financing round for FlexGen® Power Systems. FlexGen is an integrated energy storage technology platform company. Through its proprietary software and high-efficiency power electronics, FlexGen’s Energy Storage Systems (ESS’s) enable the economic integration (hybridization) of energy storage with power generation assets
In October 2012, Infrastructure Networks raised a new round of funding from Altira Group. Infrastructure Networks based out of Houston, Texas provides broadband wireless networks to oil and gas and other critical infrastructure industries
