Altira Group

About The Fund

Altira Group is a Denver, Colorado-based venture capital firm specializing in the energy sector. With a history stretching over two decades, They focus on partnering with visionary entrepreneurs and driving innovation in energy technology. Altira Group has raised 7 funds and invested over $1 billion across more than 50 portfolio companies. Their investments range across various sub-sectors such as oil and gas technology and services, with a particular interest in advanced energy storage solutions, real-time data visualization, advanced analytics, integrated fracture and reservoir simulation, and private LTE network connectivity. Their portfolio includes companies like IOTA Software Inc., FlexGen Power Systems, Seeq, ResFrac, and Infrastructure Networks, all of which contribute to the modernization and efficiency of the energy industry through technology. They capitalize on disruptive technologies that reshape the energy landscape, particularly technologies with compelling value propositions, significant market return potential, competitive advantage, applicability to operator partners, and strong management teams. The Altira advantage includes unmatched expertise, exclusive networks, and a commitment to relentless values such as integrity, exceptional value, and bold innovation. Altira Group positions itself as a part of the energy revolution, tackling complex challenges of the modern energy industry and converting bold concepts into practical, industry-defining solutions. They leverage an extensive network of industry leaders and experts to ensure the success of their partner companies. The firm is led by Managing Partner Dirk McDermott, who emphasizes the importance of technology application as the cornerstone of industry progress. The website also highlights recent activities such as leading funding rounds for their portfolio companies and providing industry insights on pertinent issues such as cybersecurity, regulatory environments, inflation, supply chain bottlenecks, adaptability, innovation, and decentralized energy assets.