Matel Motion & Energy Solutions
Matel Motion & Energy Solutions Pvt. Ltd. | IE5 Motors | MATEL MOTION AND ENERGY SOLUTIONS PVT. LTD., Road, Khed Shivapur, Maharashtra, India
Pune, India · Founded 2017 · $19.6M raised
- Headquarters
- Pune
- Founded
- 2017
- Business Model
- B2B
- Website
- matel.co.in
- Total Funding
- $19.6M
- Last Round
- $15.6M Series BAug 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Matel Motion & Energy Solutions designs, manufactures, and tests high-efficiency motors and EV powertrain systems for industrial and e-mobility applications. Its portfolio includes synchronous motors, drives, motor controllers, geartrains, and integrated powertrain components for vehicles ranging from two-wheelers to buses. The company develops these products in-house and also serves applications such as pumps, compressors, HVAC, and industrial machinery.
Summary
Matel Motion & Energy Solutions is an Energy company based in Pune, India, founded in 2017. It has raised $19.6M in total across 2 rounds, most recently a $15.6M Series B round in Aug 2026. Investors include Transition VC, UC Impower and Catamaran Ventures.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Aug 2026
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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