StartupsINVESTAnnounced

MATTER raises $25M to scale electric motorcycle business

Ahmedabad, Gujarat25 Aug 2026

Ahmedabad-based EV startup MATTER raised $25 million in funding, according to YourStory. The company said it will use the capital to scale manufacturing, expand distribution, and launch four new motorcycles.

Why it matters

A closed funding round can enable faster manufacturing scale-up and wider availability of electric two-wheelers in the market.

MATTER