altum technologies
Fouling removal with power ultrasound
Latest round: €5M
Invested in: 2018
Investors: Maki.vc, LifeLine
Founders: Matias Tainela, Petro Moilanen, Bo Malmberg, Timo Rauhala, and Edvard Haeggström
Building cleantech solutions to reduce CO2 emissions in process industries
Altum Technologies is the first and only company to use focused power ultrasound to remove fouling from industrial equipment with no production stoppages and no equipment disassembly.
Having a specialized solution for several industries is a must, therefore Altum Technologies experts and technology have taken into account the industrial needs of pulp and paper, mining and mineral processing, oil and gas, chemical production, and more.
“By investing in Altum Technologies, we wanted to back an industrial revolution in which there is no need to stop production because of fouling and this generates a lot of value.”
Ilkka Kivimäki
Advisor & Founding Partner at Maki.vc
It’s hard to believe that the world is throwing away entire fouled pipelines
Fouled industrial pipelines are a total nightmare. As the pressure rises, energy consumption skyrockets, and the whole production needs to be stopped in order to clean up the clogged pipe as fast as possible. For heat exchangers alone, fouling costs amount to $123 billion in the world’s ten largest economies.
Altum COO Bo Malmberg and CEO Matias Tainela ran a company that imported different sonic and ultrasonic cleantech solutions to clean fouling in industrial equipment. Their customers often asked, “Do you have a product that can clean our fouled equipment with ultrasound without the need to stop production?”. They looked all over the world a solution that could do this — but found nothing. All the ultrasound technologies out there were just too weak. Now, they are building this solution.
“By investing in Altum Technologies, we wanted to back an industrial revolution in which there is no need to stop production because of fouling and this generates a lot of value.”
Ilkka Kivimäki
Advisor & Founding Partner at Maki.vc
Founders
Altum Technologies’ founders are Matias Tainela, Petro Moilanen, Bo Malmberg, Timo Rauhala, and Edvard Haeggström
Altum Technologies’ team is composed of the most brilliant minds from the University of Helsinki and Harvard University. Their team sums up to more than 100 years of experience in power ultrasound and electronics including several patents.Over the past year, Disior has doubled its customer count working with institutions like the University of Iowa, the Federal University of Rio Grande do Norte, UPMC Pittsburgh, and Turku University Hospital. This expansion was made possible through its extensive research collaboration efforts; currently collaborating with over 20 clinics globally. These collaborations have resulted in six published research papers, with a further 32 in preparation.
