What is Matteco?
Based in Paterna, Spain, Matteco is a specialized manufacturer focused on producing catalysts and electrodes essential for green hydrogen production. The company operates within a critical segment of the renewable energy supply chain, addressing the growing global demand for sustainable hydrogen solutions. Matteco's technological advancements in catalyst and electrode design are positioned to enhance the efficiency and scalability of green hydrogen generation, a key component in decarbonization efforts worldwide. This strategic positioning in a high-growth market is further validated by the substantial investment it has attracted.
How much funding has Matteco raised?
Matteco has raised a total of $16.3M across 1 funding round:
Series A
$16.3M
Series A (2024): $16.3M with participation from Napali Capital, GRUPO ASV, and Zubi Group
Key Investors in Matteco
Napali Capital
Napali Capital is an investment firm that partners with physicians to increase their wealth through real estate. Founded in 2016, the company has grown to manage nearly $1 billion and was recognized on the Inc. 5000 list.
GRUPO ASV
Grupo ASV is a Spanish organization with over 95 years of experience offering services in healthcare transportation, insurance, and funeral services, serving approximately 700,000 clients and expanding internationally.
Zubi Group
Zubi Group is a collective of impact-driven businesses focused on entrepreneurship, sustainable urban development, investment, and education, aiming to create economic viability alongside positive societal and environmental change.
What's next for Matteco?
The recent major strategic investment signifies a crucial phase for Matteco, likely enabling the company to accelerate its production capabilities, expand its research and development initiatives, and potentially broaden its market reach. This capital infusion is expected to bolster Matteco's efforts in scaling up manufacturing processes to meet the increasing demand for green hydrogen infrastructure. The company's focus on core components for this vital energy source positions it for significant growth and influence in the global transition towards cleaner energy solutions.
See full Matteco company page
