Business · India Bureau
MATTER secures $25m to expand EV motorcycle manufacturing and product line
The deep-tech electric motorcycle manufacturer has raised $25 million to scale production capacity and distribution networks across South Asia. The funding will support the launch of four new motorcycle models over the next 12-24 months.
LSN India ·
MATTER, an electric motorcycle maker focused on advanced technology development, has closed a $25 million funding round to accelerate its expansion plans in the region. The capital injection will enable the company to increase manufacturing capacity and strengthen its distribution infrastructure to meet growing demand for electric two-wheelers.
The manufacturer plans to deploy the funds toward broadening its product portfolio, with four new motorcycle launches scheduled over the coming 12-24 months. This expansion aligns with accelerating consumer adoption of electric vehicles across South and Southeast Asia, where two-wheelers remain a dominant mode of personal transportation.
The company's focus on deep-tech development distinguishes it within a competitive electric motorcycle segment that has attracted increasing investment and consumer interest. Scaling manufacturing capacity will be critical as MATTER seeks to establish greater market presence in key regional markets where traditional combustion motorcycles currently dominate sales.
The funding underscores investor confidence in the electric two-wheeler sector, which is experiencing significant growth driven by environmental concerns, government incentives, and improving battery technology. MATTER's expansion comes amid a broader industry shift toward sustainable mobility solutions in Asia's rapidly motorizing economies.