Altera raises $9m in seed round to fund AI software

AI startup Altera has raised $9 million in a seed round, co-led by Patron and First Spark Ventures.

Founded in December 2023, this brings its total funding to $11.1 million following a previous pre-seed round in January.

The company intends to use these funds to improve its artificial intelligence software, and to grow its team for future development.

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