Altira Group’s cover photo
Altira Group

Altira Group

Venture Capital and Private Equity Principals

Industrial tech and software venture capital

About us

Altira Group, a Denver-based venture capital firm, has funded advanced technology solutions across the energy value-chain for the last 25 years. Working with their oil & gas industry limited partners, they enable the next generation of energy and industrial technologies, driving innovation across digital, industrial automation, climate, and core oil & gas operations of subsurface, development, and production. Beyond capital, Altira's unique approach offers entrepreneurs unique customer access, validation and collaboration through their strategic partnerships with leading oil & gas companies and hands-on experienced business building as investors. This unique Altira advantage means more direct customer interaction, compressed adoption cycles, and stronger investment outcomes.

Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Headquarters
Denver
Type
Partnership
Founded
1996

Locations

Employees at Altira Group

Updates

  • Altira Group reposted this

    View profile for Adam Block, PE

    Business Optimization and Analytics | Senior Digital Business Analysis Engineer | Chicago Booth MBA Candidate, Class of 2025

    Excited to share our recent collaboration between folks from Ovintiv and ResFrac, where we combined outputs from a fully coupled reservoir and fracture simulator with various machine learning algorithms to predict well performance in the Midland Basin. Our paper showcases this innovative approach alongside two additional ML-based methods for forecasting oil production. We’re eager to connect with anyone who has experience in merging physics-based models and machine learning in the oil and gas industry. If you’ve worked on similar projects or have insights to share, I’d love to hear your thoughts! https://lnkd.in/gPxtDqiU

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  • Altira Group reposted this

    IOTA Software has successfully completed our SOC 2 Type 2 audit, demonstrating our commitment to strong #security and #compliance practices. This certification validates that our controls meet industry standards for protecting customer data. A big thank you to our team for their effort in making this possible and to our customers and partners for their continued trust. https://lnkd.in/gy9zWw3 #SOC2 #CyberSecurity #DataProtection #Trust

    • IOTA Software achieves SOC 2 Type 2 audit completion
  • Altira Group reposted this

    View profile for Hugh Scott

    Chief Technology Officer at FlexGen

    It was a pleasure to present toFlexGen's first Battery Storage Symposium this week.

    View organization page for FlexGen

    19,884 followers

    And that’s a wrap on FlexGen’s inaugural Battery Storage Symposium!  This week in Miami, we brought together leaders from over 70 companies across battery storage, including data centers, tax equity, lending, developers, IPP’s, EPC’s and more. We tackled pressing topics facing all of us today around the rapidly increasing energy demand, driven by traditional electrification efforts as well as the increase in AI and data center development. Thank you to all our moderators and panelists, who brought to life insightful discussions around:  -what’s really driving data center power consumption, and how quickly the slope of the demand curve is increasing  -the fact that the grid is constrained by a 4-hour problem, and batteries happen to be a 4-hour solution with the shortest construction times  -the tactical approaches to solve the speed-to-market constraints felt by banks, builders, and owners, and the macro approaches to accelerating the grid transition And a huge thank you to everyone who joined to make this event successful and engaging! We look forward to continuing these conversations throughout the year and beyond.  Kelcy Pegler Diane Giacomozzi Hugh Scott Jason Abiecunas Ken Rahn Eric Cohen Tom Colebatch Leopoldo Gomez Mitch Fonseca Peter Hopper Brook Papau Andrew Foukal Joe Leavitt Andrew Waranch Kevin Levey Keaton Horner #BESS #BatteryStorage #EnergyStorage #AI #PeakDemand #DataCenter

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  • Altira Group reposted this

    View profile for Dustin Johnson

    CTO & Founding Partner

    I understand why engineers are drawn to work for companies with sexy products, like robotics or game design. Earlier in my career, I worked in space launch support. Literally launching craft into space via barely controlled explosions is exciting.     However, I’d like to speak in praise of “ordinary.”      I became a founding partner at Seeq because I saw the benefits of improving foundational industries that provide critical infrastructure, such as mining and energy. Making these systems work may not be sexy, but if they stop working, so does civilization.      Engineers and inventors design and build stuff to solve real-world problems. There isn’t anything more real-world than a refinery plant or a power utility.     Yet, it’s surprising that so much of our creative energy, so much of the tech boom, has bypassed industry when investing in these fields can have outsized results. Minor adjustments can increase yield, reduce pollution, and improve reliability, with downstream benefits. Technological innovations that are applied to infrastructure let us move past oil and gas into renewables so we can create better lives for the next generation. Those “ordinary” innovations are worth doing.     Working on industry solutions lets engineers make a tangible difference. The results may not get you on the cover of Time Magazine, but they probably have a bigger actual impact.     At Seeq, we empower fellow engineers who work in industries that power our modern civilization and are core to our way of life. For me, delivering value to those industries is as satisfying as creating a bestselling computer game–and way more useful for society than yet another social networking app.    If you feel the same way, I encourage you to keep an eye on our job openings below. 

  • Altira Group reposted this

    View organization page for FlexGen

    19,884 followers

    Data center energy use is expected to increase by 220% by 2030, in large part due to increased use of AI technologies. Despite the US desire for data center growth and innovative energy generation sources to meet the demand for computational services, development has slowed due to challenges related to the grid and meeting peak energy demand. Interconnection approvals for new data centers are bottlenecked because their energy footprints add too much strain on the grid during peak usage times. Utility-scale battery storage offers a game-changing solution. By charging during low-demand and discharging during peak demand periods, batteries reduce grid strain and accelerate interconnection approvals. Plus, battery storage offers the potential for new revenue streams through participation in ancillary service markets. In our latest whitepaper, we detail the 4-hour battery storage solution that solves today’s interconnection hurdles and dive into how we expect the technology will evolve to solve the energy challenges of the future. Download the whitepaper to learn more: https://shorturl.at/Urf6g #BatteryStorage #PeakShaving #DataCenters #AI #ComputingPower #BESS

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  • Chris Wright, a long-time advocate for fracking innovation and the CEO of Liberty Energy, has been nominated for Energy Secretary by Donald Trump. Wright's track record in advancing efficient, cost-effective extraction methods could signal a stronger focus on bolstering traditional energy sectors. If confirmed, his leadership might drive policies that prioritize domestic energy production and support technological advancements in the oil and gas industry. With fracking technology at the forefront, this could unlock new opportunities for producers and further secure U.S. energy independence. Stay tuned as the industry watches how this nomination could shape the next chapter in energy policy. #EnergyLeadership #OilAndGas #FrackingInnovation #IndustryGrowth

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  • Altira Group reposted this

    View organization page for FlexGen

    19,884 followers

    Exciting New Episode of the AWS Innovation Podcast! In this episode, go behind the scenes with FlexGen, a leader in large-scale battery energy storage systems. Discover how our collaboration with the AWS Prototyping team led to the development of a cutting-edge conversational AI assistant, designed to streamline knowledge workflows and empower frontline technicians. Join Sara Armstrong, Head of Innovation & Transformation Programs at AWS, FlexGen's CTO, Hugh Scott, and AWS Senior Prototyping Architect, Allison Pryor, as they dive deep into: - The power of iterative development to create adaptive and scalable solutions - Balancing human decision authority with AI-driven insights - Building continuous learning capabilities into their systems for sustained improvement - Exploring the potential of extending generative AI across broader processes at FlexGen If you're passionate about how AI and energy innovation can intersect to drive operational excellence, you won't want to miss this episode! Tune in now and get inspired: https://shorturl.at/160vC #AWS #Innovation #AI #EnergyStorage #Prototyping #GenerativeAI #TechForGood #Podcast #FlexGen #WePowerOn

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  • In the fast-evolving energy sector, digital twins offer a revolutionary way to optimize operations and reduce downtime. By creating virtual replicas of assets and processes, energy companies can simulate scenarios, enhance decision-making, and identify risks early. Whether preventing safety hazards, improving operational speed, or increasing production efficiency, digital twins offer a powerful tool for staying ahead of industry challenges. Discover more: https://bit.ly/3CvV9mb #EnergyInnovation #DigitalTwins #AltiraGroup #OperationalExcellence #TechForEnergy #EnergyInnovation #DigitalTwins #EnergyTech

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  • Altira Group reposted this

    🚀 Experience Devon Energy's Advanced Visualization in Action! Missed the incredible presentation from Devon Energy at #AVEVAWorld Paris? No worries—we’ve got you covered! In their insightful session, Devon Energy's Don Morrison showcased how they are leveraging the power of IOTA VUE to drive operational excellence and sustainability. 🔍 Key Highlights: 1. A 3D model of their plant, captured via drone flyover and integrated into IOTA VUE, allows facilities engineers to: - Envision optimal placements for new equipment. - Virtually navigate the site—no CAD drawings required! 2. Enhanced data visualization with AVEVA CONNECT integrates all critical operational data, contextualized within the plant’s model. This innovative approach is revolutionizing how Devon Energy improves efficiency and reduces emissions. Watch the full recording to see how our platform, connected with other powerful tools, is creating tangible value for their operations: https://lnkd.in/eZQ3u_nf #IOTAVUE #AVEVAWorld #DataVisualization #3DModeling #EnergyInnovation #DigitalTransformation

    Presentation: How Devon Energy is Improving Sustainability by using AVEVA PI System Data for Enhanced Business Intelligence

    Presentation: How Devon Energy is Improving Sustainability by using AVEVA PI System Data for Enhanced Business Intelligence

    aveva.com

  • Altira Group reposted this

    Today, Seeq and ClonBio Group Limited announced a multi-year agreement to leverage the Seeq Industrial Analytics and AI platform across ClonBio’s biorefinery assets in Europe and the US to further accelerate digital transformation outcomes. Learn how ClonBio plans to implement Seeq to empower its engineering teams to optimize production and improve energy performance across a variety of assets: https://lnkd.in/ges9zndD #agribusiness #advancedanalytics #AI

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