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Matter

Matter

Private
AhmedabadMobility, Transportation & Logisticshttps://www.matter.in/

Last Round

Seed

Mar 14, 2026

Est. Valuation

$230M

Total Funding Raised

$105M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Matter is an automotive company that designs and manufactures electric motorcycles and energy solutions, including vertically integrated battery and powertrain technology.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Clean Transportation, Energy Storage, EV Charging

Business Model

B2C

Customer Profile

Hardware Sales

AI Layer

Application

Keywords

electric motorcyclee-bikeelectric two-wheelerAI-defined vehicleAIDVsoftware-defined vehicleSDVrare-earth-free motorelectric vehicle platformEV powertrainsmart motorcycleconnected vehicleOTA updatesbattery intelligenceEV startup

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Matter Comparables

Compare Matter with similar companies based on industry and business-model similarity.

Matter comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Oben Electric
88%
Ultraviolette
88%
Raptee Energy
86%

Matter Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMar 14, 2026
Series BJul 3, 2024
Series AJun 24, 2022

Key People

Founding team and executive leadership

Mohal Lalbhai

Chief Executive Officer

Executive Team

Arun Pratap Singh

Chief Operating Officer

Executive Team

Saran Babu

Chief Design Officer

Executive Team

Matter Investors

Notable investors and investment history

Matter investors
InvestorRounds
LetsVenture OnlineSeries B
Capital 2BSeries B, Series A
Helena Special InvestmentsSeries B
Baring Private Equity Partners IndiaSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 17, 2026

    Partnered with Iontra Inc. for battery intelligence and adaptive charging technology.

  • Jan 27, 2026

    Launched India's first AI-defined vehicle platform.

Matter Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Matter Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Matter's valuation, stock price, and market status.

Firmographic Details

HeadquartersAhmedabad
Employee Range770
Year Founded2019
Last FundingMar 14, 2026

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