What is Matter?
Matter is at the forefront of harnessing intelligent technology to create transformative products and solutions designed and manufactured in India for both consumer and enterprise segments. The company's mission centers on the mass adoption of sustainable solutions, leveraging a core electric technology platform tailored to meet the specific needs of the Indian market and beyond. This strategic positioning allows Matter to address critical environmental challenges while capitalizing on the growing demand for eco-friendly technologies.
How much funding has Matter raised?
Matter has raised a total of $45M across 2 funding rounds:
Other Financing Round
$10M
Series B
$35M
Other Financing Round (2022): $10M with participation from Climate Angels Fund and Capital 2B
Series B (2024): $35M led by Helena, Capital 2B, and SB Invest
Key Investors in Matter
Helena
Helena is a non-profit organization focused on fostering dialogue and innovative ideas through merit-based membership, often engaging with leaders in various fields to challenge orthodoxy and encourage new perspectives.
Capital 2B
Capital 2B is a venture fund that invests in early-stage and growing startups focused on science and technology, particularly in deep tech and IP-led sectors, providing initial investments and acting as an engaged institutional partner.
SB Invest
SB Invest actively participates in exciting projects by investing creativity, time, knowledge, and money, with a focus on collaboration and passionate involvement in the real estate, music industry, and innovation sectors.
What's next for Matter?
With this significant strategic investment, Matter is poised to accelerate its growth and expand its market reach. The company's focus on sustainable solutions and its robust electric technology platform position it for continued innovation and leadership in the cleantech sector. Future developments are expected to center on scaling production, enhancing its product offerings, and further solidifying its presence in both domestic and international markets, driven by a commitment to 'Made-in-India' innovation.
See full Matter company page