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Matel

Matel

Type

startup

Founded

2016

Funding captured

$17.6m

Deals captured

2

About Matel

Matel Motion and Energy Solutions Pvt Ltd designs, develops and manufactures high-efficiency electric motors and motor controllers for industrial and mobility applications. The company produces IE5 permanent-magnet synchronous motors and powertrain solutions for electric 2-, 3- and 4-wheel vehicles, HVAC, pumps (including solar pumps), compressors and special-purpose machines, focusing on energy savings, high power density, serviceability and Made-in-India manufacturing for OEMs and industrial customers.

Matel funding captured (2)

Deal typeStageDateAmountInvestors
EquitySeries BAug 3, 2026$13.6m
************************************************$4.0m****************