Matel Motion & Energy Solutions raised Rs 130 crore in a Series B round to scale its energy-efficient motors and EV powertrains, highlighting investor interest in clean tech.
Amount Raised
₹1.3 Billion
Round Type
Series B
PuneManufacturingEnergyOil And GasRenewable EnergyAutomotiveDescription
Matel Motion & Energy Solutions led the week with a Rs 130 crore funding round. The company focuses on energy-efficient motors and EV powertrains. This capital will help scale its industrial and automotive offerings. The funding reflects ongoing investor interest in clean technology.
Quick answer
Matel raised ₹1.3 Billion in a Series B round, dated August 8, 2026. Matel is based in Pune, Maharashtra, India.
- How much did Matel raise?
- Matel raised ₹1.3 Billion in a Series B round on August 8, 2026.
- What does Matel do?
- Matel is a company that makes components, such as power trains and motor control units, for electric vehicles (EV), along with machines for irrigation and industrial usage.
- Where is Matel based and how big is it?
- Matel is based in Pune, Maharashtra, India. Fundz records about 118 employees.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Matel that raised within 45 days of this round, from Fundz verified event records.
- Ampol raised $296M (Funding Round) on July 13, 2026.
- Yuma Energy raised $35M on September 1, 2026.
- Teragen Energy raised $6M (Pre-Seed) on August 26, 2026.
- Revoy raised $27M on August 2, 2026.
- Rock Tech Lithium raised $80M on July 27, 2026.
- Sabanto raised an undisclosed amount (Series B) on July 14, 2026.
Who to call at Matel, and when
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- An alert the day Matel raises, hires an executive or expands, scored against what you sell
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- Who you already know at Matel, from your own LinkedIn network
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Funding Insights
What this usually meansMatel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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