CompanyHardwareClimate
Matter
Matter is an Ahmedabad-based deep-tech mobility and energy company best known for the Aera, India's first geared electric motorcycle. Founded in 2019 by Mohal Lalbhai and a team of engineers, Matter designs and manufactures connected electric two-wheelers with a four-speed manual gearbox and liquid-cooled lithium-ion battery packs, alongside a separate line of stationary and mobility energy-storage products. The company runs its own next-generation factory in the Ahmedabad region and has raised tens of millions in venture funding to scale production of vertically integrated, India-specific EVs.
2019Founded
AhmedabadHQ
approx. $75M+ cumulative (reported up to ~$82.7M across 8 rounds)Total raised (across rounds)
electric vehicleselectric motorcyclegeared electric bikeev startup indiaahmedabadlithium-ion batteries
