{"id":500578,"date":"2022-06-25T10:05:24","date_gmt":"2022-06-25T04:35:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500578"},"modified":"2022-06-25T10:33:18","modified_gmt":"2022-06-25T05:03:18","slug":"tech-startup-matter-raises-10-mn-to-scale-up-e-mobility-energy-storage","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tech-startup-matter-raises-10-mn-to-scale-up-e-mobility-energy-storage\/","title":{"rendered":"Tech startup Matter raises $10 mn to scale up e-mobility, energy storage"},"content":{"rendered":"<p>Ahmedabad-based tech and EV startup Matter has raised $10 million (Rs 78 crore roughly) in a round led by Info Edge-backed technology fund Capital 2B. The firm plans to use the funds for the launch of its upcoming electric two-wheeler that will feature the country&#8217;s first active liquid-cooled battery.<\/p>\n<p>In its first round of external fund raising, Matter expects to raise another $10 million even as it plans to deploy the capital towards continuous technological innovations, manufacturing, and marketing.<\/p>\n<p>While the flagship firm Matter is engaged in development of e-two-wheelers which it plans to launch later this year, the company&#8217;s subsidiary MatterEnergy is working on research and innovation in battery packs and battery management systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahmedabad-based tech and EV startup Matter has raised $10 million (Rs 78 crore roughly) in a round led by Info Edge-backed technology fund Capital 2B. The firm plans to use the funds for the launch of its upcoming electric two-wheeler that will feature the country&#8217;s first active liquid-cooled battery. In its first round of external fund raising, Matter expects to raise another $10 million even as it plans to deploy the capital towards continuous technological innovations, manufacturing, and marketing. While the flagship firm Matter is engaged in development of e-two-wheelers which it plans to launch later this year, the company&#8217;s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-500578","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500578"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500578\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}