About MTPV
MTPV is a company based in Austin (United States) founded in 2003 by Bob Dimatteo. It operates as a B2B. MTPV has raised $45.25 million across 15 funding rounds from investors including SABIC, Applied Materials and Commonwealth of Massachusetts. The company has 17 employees as of December 31, 2022. MTPV operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Austin, United States
- Employees 17 as on 31 Dec, 2022
- Founders Bob Dimatteo
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mtpv Power Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.25 M (USD)
in 15 rounds
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Latest Funding Round
$17.9 M (USD), Series C
Oct 02, 2018
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Investors
SABIC
& 13 more
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Employee Count
17
as on Dec 31, 2022
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Funding Insights of MTPV
MTPV has successfully raised a total of $45.25M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $17.9 million completed in October 2018. 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.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Series C — $17.9M
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First Round
First Round
(26 Mar 2010)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series C - MTPV | Valuation | Lake Bridge Capital | |
| Feb, 2017 | Amount | Grant - MTPV | Valuation |
investors |
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| Dec, 2016 | Amount | Series B - MTPV | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MTPV
MTPV has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include SABIC, Applied Materials and Commonwealth of Massachusetts. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and support are provided to innovative startups by SABIC Ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MTPV
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MTPV
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mtpv Comparisons
Competitors of MTPV
MTPV 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 Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mtpv
Frequently Asked Questions about MTPV
When was MTPV founded?
MTPV was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Where is MTPV located?
MTPV is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is MTPV a funded company?
MTPV is a funded company, having raised a total of $45.25M across 15 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Mar 26, 2010.
How many employees does MTPV have?
As of Dec 31, 2022, the latest employee count at MTPV is 17.
What does MTPV do?
MTPV, led by Bob Dimatteo as Founder, specializes in working in the energy sector, renewables, solar technology, and photovoltaic cells. Produces high-quality photovoltaic cells using micron-gap thermophotovoltaics technology. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of MTPV?
MTPV's top competitors include ecobee, Particle and Landis+Gyr.
Who are MTPV's investors?
MTPV has 14 investors. Key investors include SABIC, Applied Materials, Commonwealth of Massachusetts, Spinnaker Capital Group, and SABIC Ventures.