{
  "id": 3225892,
  "title": "MATTER Nets $25 Mn To Scale Manufacturing, Launch Four New Electric Motorcycles",
  "url": "https://urgent.news/2026/08/25/matter-nets-25-mn-to-scale-manufacturing-launch-four-new-electric",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-25T07:48:12.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/matter-nets-25-mn-to-scale-manufacturing-launch-four-new-electric-motorcycles/"
  },
  "original_language": "en",
  "account": "Ahmedabad-based electric motorcycle startup MATTER Motor Works has secured $25 million in growth capital to expand its operations and introduce four new models to its lineup. The funding, led by existing investors such as Helena, Capital 2B, Japan Airlines & Translink Innovation Fund, and Shakopee Mdewakanton Sioux Community, will be used over the next 12 months to bolster manufacturing and supply chain capabilities, enhance brand presence and distribution networks, and diversify its product range. MATTER plans to unveil four electric motorcycles built on its AERA platform within the next 12-24 months, targeting various rider segments and leveraging its proprietary powertrain, battery, and software technologies. Since its inception in 2019, MATTER has raised a total of over ₹1,000 crore ($104 million) in funding, with approximately ₹750 crore ($78 million) already deployed towards manufacturing, research and development, and market entry. Speaking on the new capital, MATTER's founder and CEO Mohal Lalbhai highlighted that the investment accelerates both the growth engine driven by customer demand and the expansion of the product roadmap, which includes the development of four new motorcycles built on the AERA platform, backed by 111 patented technologies. The electric motorcycle industry in India is experiencing growth, with EV registrations up 85% year-over-year, despite a slight decline in two-wheeler registrations in July.",
  "summary": "Ahmedabad-based electric motorcycle startup MATTER Motor Works has raised $25 Mn (₹240 Cr) in growth capital, anchored by its existing…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}