How Much Did Matter Raise?
Funding & Key Investors

Matter, an India-based technology startup focused on sustainable solutions, has recently secured a major strategic investment, adding to its total funding of $45M. This latest capital infusion, amounting to $35M, underscores the company's trajectory in driving the mass adoption of its core electric technology platform.

What is Matter?

Matter
ManufacturingAutomotive PartsMotor Vehicles

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:

2022

Other Financing Round

$10M

2024

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.

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Frequently Asked Questions Regarding Matter Financial Insights

What are the most recent funding rounds that Matter has completed, and what were the funding rounds?
Matter has recently completed 2 funding rounds: Series B on Jul 3, 2024, Other Financing Round on Jun 24, 2022.
What is the total amount of funding Matter has raised to date?
Matter has raised a total of $45M in funding to date.
How many funding rounds has Matter completed?
Matter has completed 2 funding rounds.
How much funding did Matter raise in its most recent funding round?
Matter raised $35M in its most recent funding round.
Who are the lead investors in Matter's latest funding round?
The lead investor in Matter's latest funding round was Helena. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Matter's history?
The largest funding round in Matter's history was $35M.
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