Matter Motor Works: Funding, Investors & Team (Aug 2026)
Matter endeavors to change the electric biological system and modify electric versatility by creating incorporated arrangements and utilizing the most recent tech. It offers the innovation stack MatterEnergy, MatterEntel, MatterDrive, MatterLink, and MatterX. It was established in 2019 and is situated in Ahmedabad, Gujarat.
Matter Motor Works has raised $35.0M across 2 funding rounds on record, the most recent an undisclosed round of $25.0M announced in Aug 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Matter Motor Works Company Profile and Key Stats
Latest funding round on record: Aug 2026.
Matter Motor Works Funding Rounds
Matter Motor Works raised $10.0M in a Seed announced in Jun 2022.
4.2 years later, an undisclosed round of $25.0M was announced in Aug 2026.
Matter Motor Works Investors
14 investors are recorded in total; the 5 named above are those the record identifies.
Matter Motor Works Founders and Leadership Team
Contact details for the Matter Motor Works team: 1 of 3 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →Matter Motor Works Funding Compared to Other Energy Startups
Matter Motor Works' latest round of $25.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Matter Motor Works in Energy and Ahmedabad
Companies Similar to Matter Motor Works
Agastya Energy Industries drives India's renewable energy transition through high-performance, cost-effective…
Inox Clean Energy is the renewable energy arm of the INOXGFL Group, a diversified Indian conglomerate in…
Hygenco develops and deploys scaled-up commercially attractive Green Hydrogen and Green Ammonia production…
VoltSeal provides smart battery energy storage systems (BESS) designed for commercial and industrial…
Metafin operates a non banking financial enterprise that provides cleantech focused financing services to…
OMC Power is a renewable energy company that focuses on distributed solar power solutions and mini-grid…
Newtrace develops novel electrolyzers for affordable green hydrogen production at scale.
Hycosys is a Bengaluru-based deep-tech cleantech startup specializing in hydrogen-fueled micro gas turbines…
Turno is a fintech startup that offers electric vehicle solutions for operators and owners, assisting…
e-TRNL Energy develops and supplies battery cell technologies aimed at improving energy storage performance…
CleanMax is now the largest developer of onsite and off-site solar solutions for corporate customers in…
Entellus Industries manufactures rare earth-based materials like NdPr metal, bonded powders, and strip-cast…
Matter Motor Works Funding FAQs
What does Matter Motor Works do?
Matter endeavors to change the electric biological system and modify electric versatility by creating incorporated arrangements and utilizing the most recent tech. It offers the innovation stack MatterEnergy, MatterEntel, MatterDrive, MatterLink, and MatterX. It was established in 2019 and is situated in Ahmedabad, Gujarat.
How much funding has Matter Motor Works raised?
Matter Motor Works has raised $35.0M across 2 rounds on record. The most recent is an undisclosed round of $25.0M announced in Aug 2026.
When did Matter Motor Works last raise funding?
Matter Motor Works' most recent funding round on record is an undisclosed round of $25.0M, announced in Aug 2026.
Who has invested in Matter Motor Works?
Investors on record for Matter Motor Works include Translink Capital, Japan Airlines (JAL), India Accelerator, Finvolve, Shakopee Mdewakanton Sioux Community. FundedIQ records 14 investors in total.
Who founded Matter Motor Works?
FundedIQ lists Ben Springwater (Co-Founder & CEO), Henry Newhall (Founder, CEO), Saran Babu (Founder) at Matter Motor Works.
Where is Matter Motor Works headquartered?
Matter Motor Works is based in Ahmedabad, Gujarat, India.
How many employees does Matter Motor Works have?
Matter Motor Works is in the 101-250 employee band.
When was Matter Motor Works founded?
Matter Motor Works was founded in 2019.
How does Matter Motor Works' funding compare to other Energy startups?
Matter Motor Works' latest round of $25.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Matter Motor Works Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Matter Motor Works is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.