About Matter Energy
Matter Energy is a company based in Ahmedabad (India) founded in 2019 by Saran Babu, Kumar Prasad Telikepalli, and Arun Pratap Singh. Matter Energy has raised $52.67 million across 4 funding rounds from investors including LetsVenture, Dholakia Ventures and India Accelerator. The company has 496 employees as of February 28, 2025. Matter Energy offers products and services including Mobility, Stationary, and Customized Products. Matter Energy operates in a competitive market with competitors including Wallbox, POD Point, Span.IO, CTEK and Lohum, among others.
- Headquarter Ahmedabad, India
- Employees 496 as on 28 Feb, 2025
- Founders Saran Babu, Kumar Prasad Telikepalli, Arun Pratap Singh
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Matter Energy
-
Annual Revenue
$713.48 K (USD)1435as on Mar 31, 2024
-
Net Profit
-$8.83 M (USD)-106as on Mar 31, 2024
-
EBITDA
-$7.54 M (USD)-91as on Mar 31, 2024
-
Total Equity Funding
$52.67 M (USD)
in 4 rounds
-
Latest Funding Round
$35 M (USD), Series B
Jul 03, 2024
-
Investors
LetsVenture
& 21 more
-
Employee Count
496
as on Feb 28, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Matter Energy
Matter Energy offers a comprehensive portfolio of products and services, including Mobility, Stationary, and Customized Products.
Battery packs for dynamic mobile applications ensuring superior performance.
Storage systems for various stationary energy management needs.
Tailored solutions for power distribution and charger control requirements.
People of Matter Energy
Unlock access to complete
Unlock access to complete
Funding Insights of Matter Energy
Matter Energy has successfully raised a total of $52.67M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Matter Energy
Matter Energy has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LetsVenture, Dholakia Ventures and India Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on technology companies
|
Locked | Locked | Locked | |
|
Venture capital funds are managed to support unlisted companies' growth.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Matter Energy
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Matter Energy
Investment portfolio details for Matter Energy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Matter Energy
Detailed financials for Matter Energy
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Matter Energy Comparisons
Peer comparison for Matter Energy
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Matter Energy
Matter Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wallbox, POD Point, Span.IO, CTEK and Lohum, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of electric-vehicle charging solutions
|
|
| Locked | Locked | Locked |
Provider of electric vehicle charging solutions
|
|
| Locked | Locked | Locked |
Smart panels for home energy management are provided by Span.IO.
|
|
| Locked | Locked | Locked |
EV chargers for automotive batteries are manufactured and distributed worldwide.
|
|
| Locked | Locked | Locked |
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
|
|
| Locked | Locked | Locked |
Lithium-ion batteries for multi-category electric vehicles are developed.
|
Detailed competitors of Matter Energy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Matter Energy
Complete news archive for Matter Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Matter Energy
Matter Energy was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Matter Energy is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Matter Energy is a funded company, having raised a total of $52.67M across 4 funding rounds to date.
As of Feb 28, 2025, the latest employee count at Matter Energy is 496.
Annual revenue of Matter Energy is $713.48K as on Mar 31, 2024.
Matter Energy was founded in 2019 and is based in Ahmedabad, India. Operations focus on the energy storage sector, where solutions for stationary applications, energy management, and battery packs are developed. Mobility batteries, stationary batteries, and lithium-ion batteries are included in the offerings, alongside customized products tailored to specific needs in the Indian market.
Matter Energy offers Mobility, Stationary, and Customized Products.
Matter Energy has 22 investors. Key investors include LetsVenture, Dholakia Ventures, India Accelerator, SucSEED Indovation, and DetoxGroup.
The valuation of Matter Energy is $204.19M as of Jul 2024.