Matel Motion and Energy Solutions Pvt.
Latest round
- Series B
Last raised
- Aug 2026
Total raised
- $21M
Investors
- 4
About Matel Motion and Energy Solutions Pvt.
Based in Pune, Maharashtra, India and founded in 2017, MATEL Motors operates as a provider of state-of-the-art powertrain technology, offering a range of electric machines, controllers, and geartrain solutions designed for high energy efficiency and various applications.Based in Maharashtra, India and founded in 2017, MATEL Motion and Energy Solutions Private Limited,,co founded by Mahesh Toraskar, Netaji C. Patro (CBO), and Sunil Patel(CEO), provides electric vehicle powertrains, motor controllers, geartrains, and high-efficiency synchronous motors for the e-mobility and industrial automation sectors. The company specializes in developing energy-efficient motion and powertrain technologies for automotive, manufacturing, HVAC, textile, pumping, and renewable energy applications. In August 2026, Matel Motion and Energy Solutions Pvt. Ltd. The company provides a wide range of advanced electric powertrain systems, such as the L5 and L3 powertrains for 3-wheelers, the IPM PMSM motor for 2-wheelers, 3-wheelers, 4-wheelers, buses, and off-road vehicles. Matel also provides intelligent motor control units (MCUs) and smart battery management systems (BMS) to enhance vehicle performance and reliability. In addition, the firm offers motors and drives, including solar pumping motors and IEC motors, for industrial applications. MATEL generates revenue through the sale of electric vehicle powertrain systems, motor controllers, gearboxes, and related mobility solutions to OEMs and vehicle manufacturers. It also earns revenue from the manufacturing and supply of high-efficiency industrial motors, drives, and energy-saving solutions for industrial customers.
Who invested in Matel Motion and Energy Solutions Pvt.
4 investors across 3 rounds
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Questions about Matel Motion and Energy Solutions Pvt.
Who invested in Matel Motion and Energy Solutions Pvt.?
Matel Motion and Energy Solutions Pvt. has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Matel Motion and Energy Solutions Pvt. raised?
Matel Motion and Energy Solutions Pvt. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Matel Motion and Energy Solutions Pvt. last raise money?
Matel Motion and Energy Solutions Pvt.'s most recent round on record is a Series B, in Aug 2026.
What does Matel Motion and Energy Solutions Pvt. do?
Based in Pune, Maharashtra, India and founded in 2017, MATEL Motors operates as a provider of state-of-the-art powertrain technology, offering a range of electric machines, controllers, and geartrain solutions designed for high energy efficiency and various applications.
Where is Matel Motion and Energy Solutions Pvt. headquartered?
Matel Motion and Energy Solutions Pvt. is headquartered in Pune, India.
Which VCs invest in companies like Matel Motion and Energy Solutions Pvt.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back industrial machinery companies at Matel Motion and Energy Solutions Pvt.'s stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series B
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