What is Matter?
Matter is at the forefront of driving the mass adoption of sustainable solutions in India through its core electric technology platform. Designed and manufactured in India for both domestic and global markets, the company leverages intelligent technology to create transformative products. Its focus spans across consumer and enterprise segments, aiming to meet diverse needs with innovative and eco-friendly offerings.
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 Capital 2B, Helena, and SB Invest
Key Investors in Matter
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. The fund provides initial investments ranging from $200k to $3M, often acting as the first institutional partner.
Helena
Helena sometimes makes grants to other non-profit institutions. As a matter of policy, the company permit a maximum of 10% of the company's grants be used to cover the overhead costs of these institutions.
SB Invest
SB Invest is engaged in investing creativity, time, knowledge, and money into exciting projects where they actively participate. They are open to new ideas and partnerships, primarily in the real estate, music industry, and innovation sectors.
What's next for Matter?
The recent major strategic investment signals a pivotal phase for Matter, likely enabling accelerated scaling of its operations, further research and development into its electric technology platform, and expansion into new markets. This significant capital infusion is expected to bolster its efforts in achieving mass adoption of sustainable solutions, reinforcing its position as a key player in India's burgeoning green technology sector.
See full Matter company page
