Matter Motor Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 773

Employees

  • Latest Deal Type
  • Later Stage VC
  • (Upcoming)

  • Latest Deal Amount
  • $75M

  • Investors
  • 18

Matter Motor General Information

Description

Manufacturer of electric motor vehicles intended to impart energy cleanly and cost-effectively. The company's product offers features like active liquid cooling and a speed-hyper-shift manual transmission, while focusing on a vertical integration model for all the core components in the platform, enabling users to be in complete control of the safety, security, performance, and reliability of the system, and choose sustainable and clean alternatives.

Contact Information

Website
www.matter.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 301, Parishram Building
  • 5B Rashmi Society, Near Mithakhali Six Roads, Navrangpura
  • Ahmedabad, Gujarat 380009
  • India
+91 073838
Primary Industry
Automotive
Other Industries
Alternative Energy Equipment
Corporate Office
  • 301, Parishram Building
  • 5B Rashmi Society, Near Mithakhali Six Roads, Navrangpura
  • Ahmedabad, Gujarat 380009
  • India
+91 073838

Matter Motor Timeline

20232024202520262027
Financing RoundCaptured Employee CountEstimated Employee Growth

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Matter Motor Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 01-Dec-2027 $75M Upcoming Generating Revenue
6. Later Stage VC (Series C) 25-Aug-2026 Completed Generating Revenue
5. Later Stage VC (Series B) 13-Jun-2024 Completed Generating Revenue
4. Accelerator/Incubator Completed Generating Revenue
3. Early Stage VC 24-Jun-2022 Completed Generating Revenue
2. Early Stage VC (Series A) 27-Jan-2022 $6.76M $6.76M Completed Startup
1. Accelerator/Incubator Completed Startup
To view Matter Motor’s complete valuation and funding history, request access »

Matter Motor Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D2 CCPS
Series D1 CCPS
Series C CCPS
Series B CCPS 218,102 $0.119937 $56.97 $56.97 1x $56.97 2.53%
Series A CCPS 528,946 $0.119937 $11.39 $11.39 1x $11.39 23.57%
To view Matter Motor’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Matter Motor Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electric motor vehicles intended to impart energy cleanly and cost-effectively. The company's product of
Automotive
Ahmedabad, India
773 As of 2026

Bengaluru, India
 

Hyderabad, India
 
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Matter Motor Competitors (11)

One of Matter Motor’s 11 competitors is Ultraviolette Automotive, a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ultraviolette Automotive Venture Capital-Backed Bengaluru, India
PUR Energy (Hyderabad) Venture Capital-Backed Hyderabad, India
SUN Mobility Venture Capital-Backed Bangalore, India
Gogoro Formerly VC-backed Taoyuan, Taiwan
Revolt Motors Venture Capital-Backed Gurugram, India
You’re viewing 5 of 11 competitors. Get the full list »

Matter Motor Patents

Matter Motor Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2024047521-A1 Fault diagnostic system for dc-dc converter Inactive 31-Aug-2022
WO-2024003770-A1 Isolation measurement arrangement for electric vehicles Inactive 28-Jun-2022
WO-2023170465-A1 A compact power-pack assembly for an electric vehicle Inactive 11-Mar-2022
WO-2023170464-A1 A dual cradle frame for an electric vehicle Inactive 11-Mar-2022
WO-2023170466-A1 A power pack with an integrated active thermal management system for an electric vehicle Inactive 11-Mar-2022 B60L58/24
To view Matter Motor’s complete patent history, request access »

Matter Motor Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Matter Motor Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Shakopee Mdewakanton Sioux Community Corporation Minority
Angel (individual) Minority
Doorga Capital Venture Capital Minority
Helena Special Investments Impact Investing Minority
Info Edge (India) Corporation Minority
You’re viewing 5 of 18 investors. Get the full list »

Matter Motor FAQs

  • When was Matter Motor founded?

    Matter Motor was founded in 2019.

  • Where is Matter Motor headquartered?

    Matter Motor is headquartered in Ahmedabad, India.

  • What is the size of Matter Motor?

    Matter Motor has 773 total employees.

  • What industry is Matter Motor in?

    Matter Motor’s primary industry is Automotive.

  • Is Matter Motor a private or public company?

    Matter Motor is a Private company.

  • What is Matter Motor’s current revenue?

    The current revenue for Matter Motor is .

  • How much funding has Matter Motor raised over time?

    Matter Motor has raised $89.1M.

  • Who are Matter Motor’s investors?

    Shakopee Mdewakanton Sioux Community, , Doorga Capital, Helena Special Investments, and Info Edge (India) are 5 of 18 investors who have invested in Matter Motor.

  • Who are Matter Motor’s competitors?

    Ultraviolette Automotive, PUR Energy (Hyderabad), SUN Mobility, Gogoro, and Revolt Motors are some of the 11 competitors of Matter Motor.

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