How much funding has Matel Motion & Energy Solutions raised?

Matel Motion & Energy Solutions has raised $15.6M in total funding, most recently a Series B round.

Who are Matel Motion & Energy Solutions's investors?

Matel Motion & Energy Solutions's investors include UC Impower.

When was Matel Motion & Energy Solutions founded?

Matel Motion & Energy Solutions was founded in 2017.

Where is Matel Motion & Energy Solutions headquartered?

Matel Motion & Energy Solutions is headquartered in Pune, India.

What industry is Matel Motion & Energy Solutions in?

Matel Motion & Energy Solutions operates in Energy, Manufacturing.

Matel Motion & Energy Solutions

Pune, India · Founded 2017 · $15.6M raised

Energy

Manufacturing

Headquarters: Pune
Founded: 2017
Business Model: B2B
Website: matel.co.in

Total Funding: $15.6M
Last Round: $15.6M Series BAug 2026
Rounds: 1

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 $15.6M in total across 1 round, most recently a $15.6M Series B round in Aug 2026. Investors include UC Impower.