Hambro Perks has completed an investment in Finnish industrial technology business Altum Technologies.
Headquartered in Helsinki and founded in 2016, Altum has developed market-leading power ultrasound technology to clean fouling from industrial equipment without stopping production. Altum’s patented ZPD technology also minimises maintenance time, energy consumption and use of hazardous chemicals in these cleaning processes.
Altum is the latest investment from Access Fund II, the second fund in Hambro Perks’ venture secondaries franchise. The Access Fund purchases minority stakes in UK and European private technology companies, providing liquidity to early shareholders, whether they be founder, former or current management, angels, institutions or employees. Access Fund II was launched in 2021 following the success of the debut fund, and has received investment from several notable private and institutional investors.
