Altura Expands European Footprint with Tendara Acquisition

Amsterdam-based AI bid management startup Altura officially acquired Tendara, a Berlin-based AI-powered tender software provider. This move positions Altura to strengthen its presence in Germany and tap into Europe’s largest public procurement market. Financial terms of the deal were not disclosed to the public. 

This latest transaction follows closely on the heels of Altura's successful €8 million Series A funding round, led by Octopus Ventures, which funded the company’s UK launch and the development of autonomous AI agents within its platform. This latest development marks a pivotal step in Altura’s strategy to reinforce its presence across Europe while introducing innovative solutions tailored for diverse sectors such as technology, construction, and professional services.

Founded in 2024 and based in Berlin, Germany, Tendara is an AI-powered platform that helps government contractors identify, analyze, and secure public tender opportunities across Germany. The startup aggregates tenders from more than 95 German and European sources, leveraging artificial intelligence to filter relevant bids, generate summaries, and draft proposal responses. By streamlining these processes, Tendara enables faster and more informed bid/no-bid decisions. Despite being a relative newcomer, the company has already attracted prominent big tech companies, including AFRY and Datagroup.

Altura’s acquisition of Tendara marks a major step toward becoming the dominant European AI bid management platform across Europe's most lucrative procurement regions (Netherlands, UK, Germany), delivering a unified, intelligent workflow—from opportunity identification to post-bid insights.

Founded in 2019 and headquartered in Utrecht, the Netherlands, Altura provides a comprehensive AI-driven bid management platform that supports the entire tendering lifecycle—from opportunity discovery and internal collaboration to proposal generation and performance analytics. Backed by investors such as Curiosity, Fortino Capital, and P1ST, Altura serves a growing roster of enterprise clients, including Adecco, EY, and Ricoh.

Photo by Nataliya Vaitkevich: