MTR: Funding, Investors & Team (Sep 2026)
MTR is a manufacturing company specializing in membrane-based separation systems for a variety of industries. The company supplies a wide range of gas separation systems for petrochemical plants, refineries, and gas processing plants, all of which can be customized to suit specific needs and industries.
MTR has raised $31.6M across 2 funding rounds on record, the most recent an undisclosed round of $27.0M announced in Apr 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
MTR Company Profile and Key Stats
Latest funding round on record: Apr 2026.
MTR Funding Rounds
MTR raised $4.6M in an undisclosed round announced in Apr 2024.
2 years later, an undisclosed round of $27.0M was announced in Apr 2026.
MTR Founders and Leadership Team
No contact details are on record for this team yet.
MTR Funding Compared to Other Energy Startups
MTR's latest round of $27.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like MTR in Energy and Newark
Companies Similar to MTR
Ampaire is at the forefront of the Third Aviation Revolution, creating aircraft that are…
Thea Energy is taking a faster approach to commercialize fusion energy. The company’s fusion systems will…
Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a…
LevelTen Energy is a company that offers a platform for renewable energy buyers, sellers, and advisors to…
Zeno is developing next-generation radioisotope power systems that generate carbon-free, resilient power for…
Base Power is a contemporary energy company that focuses on backup battery systems for homes and electricity…
Valar Atomics is a company focused on scaling nuclear energy beyond the traditional electricity grid.
Antora Energy delivers zero-carbon industrial heat and power to heavy industries that are more reliable than…
Commonwealth Fusion is a research company that develops energy through an inexhaustible power plant. It uses…
Antares Industries is an advanced nuclear energy startup that designs and manufactures adaptable and scalable…
WATT Fuel Cell Corporation is a developer and manufacturer of Solid Oxide Fuel Cell (SOFC) components and…
Gritt Robotics is utilizing AI and Robotics to automate the construction of renewable energy projects.
MTR Funding FAQs
What does MTR do?
MTR is a manufacturing company specializing in membrane-based separation systems for a variety of industries. The company supplies a wide range of gas separation systems for petrochemical plants, refineries, and gas processing plants, all of which can be customized to suit specific needs and industries.
How much funding has MTR raised?
MTR has raised $31.6M across 2 rounds on record. The most recent is an undisclosed round of $27.0M announced in Apr 2026.
When did MTR last raise funding?
MTR's most recent funding round on record is an undisclosed round of $27.0M, announced in Apr 2026.
Who founded MTR?
FundedIQ lists Jeny Yeung (Founder), Miguel Pieter (Founder) at MTR.
Where is MTR headquartered?
MTR is based in Newark, California, United States.
How many employees does MTR have?
MTR is in the 51-100 employee band.
How does MTR's funding compare to other Energy startups?
MTR's latest round of $27.0M 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 MTR 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 MTR 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.