# Alta Ares funding: rounds and investors

> Alta Ares has raised $60M across 2 rounds since 2025. Investors include Bpifrance, Kima Ventures and Air Street Capital. Every round with its source.

Source: https://millionrounds.com/company/alta-ares (Millionrounds; every figure on the page links to its filing or article)

France · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Alta Ares*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Defence Tech Drones

Raised 5 months ago

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Funding summary Updated 5 Nov 2026

**$60M** raised across 2 rounds since 2025, from 2 sources

**$2.2M** Pre-seed **$58M** Series A

- **Latest round:** Series A, $58M Jun 2026
- **Led by:** Air Street Capital
- **Step-up i:** 26.2×
- **Investors:** 8 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$2.2M** Pre-seed

**$58M** Series A

- **First round:** Pre-seed, $2.2M
- **Biggest round:** $58M
- **Between rounds:** 13 months

## The rounds

- **Jun 2026** Series A **$58M** *4 new* *2 returning* [Air Street Capital](https://millionrounds.com/fund/air-street-capital) Lead [Bpifrance](https://millionrounds.com/fund/bpifrance) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [OTB Ventures](https://millionrounds.com/fund/otb-ventures) [Harpoon](https://millionrounds.com/fund/harpoon-ventures) Reported by Ventureburn
- **May 2025** Pre-seed **$2.2M** *4 new* [Bpifrance](https://millionrounds.com/fund/bpifrance) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Better Angle](https://millionrounds.com/fund/better-angle) [Starburst Ventures](https://millionrounds.com/fund/starburst-ventures) Also list them on their own site [Expansion Ventures](https://millionrounds.com/fund/expansion-ventures) [Apeiron Venture Capital](https://millionrounds.com/fund/apeiron-venture-capital) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2025 **Series A** 2026 [Bpifrance](https://millionrounds.com/fund/bpifrance) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Air Street Capital](https://millionrounds.com/fund/air-street-capital) L [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Better Angle](https://millionrounds.com/fund/better-angle) [Starburst Ventures](https://millionrounds.com/fund/starburst-ventures) [OTB Ventures](https://millionrounds.com/fund/otb-ventures) [Harpoon](https://millionrounds.com/fund/harpoon-ventures)

## Everyone who backed them

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **2** rounds

[Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm **2** rounds

[Air Street Capital](https://millionrounds.com/fund/air-street-capital) VC firm **1** round, led 1

[Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) VC firm **1** round

[Better Angle](https://millionrounds.com/fund/better-angle) VC firm **1** round

[Starburst Ventures](https://millionrounds.com/fund/starburst-ventures) VC firm **1** round

[OTB Ventures](https://millionrounds.com/fund/otb-ventures) VC firm **1** round

[Harpoon](https://millionrounds.com/fund/harpoon-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=alta-ares).

## Also claim to have backed them

These 2 firms list Alta Ares as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Expansion Ventures](https://millionrounds.com/fund/expansion-ventures) VC firm 2025, per its site

[Apeiron Venture Capital](https://millionrounds.com/fund/apeiron-venture-capital) VC firm Pre-seed, 2025, per its site

## Quick answers about Alta Ares

### Who invested in Alta Ares?

Alta Ares's investors include Bpifrance, Kima Ventures, Air Street Capital, Cherry Ventures and Better Angle, and 3 more on record. Air Street Capital led its latest round.

### How much has Alta Ares raised?

Alta Ares has raised $60M across 2 rounds since 2025.

### When did Alta Ares last raise?

Alta Ares's most recent round was a Series A of $58M in Jun 2026, led by Air Street Capital.

### What was Alta Ares's biggest round?

Its most recent round, $58M in Jun 2026, is also its largest on record.

### Who backed Alta Ares first?

Alta Ares's first round on record, in May 2025, was backed by Bpifrance, Kima Ventures and Better Angle and 1 others.

### What stage is Alta Ares at?

Alta Ares's latest named round is a Series A, in Jun 2026.

### Where is Alta Ares based?

Alta Ares is based in France.

### Who led Alta Ares's rounds?

Air Street Capital led the Series A in 2026.

## Companies like Alta Ares

In the same sector, and raised in the last eighteen months.

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