Mobility Transformation AERA: MATTER Secures First Tranche of $35 Mn in Ongoing Series B Funding Round for Festive Season Kickoff

Mobility transformation: AERA electric motorbike revolutionizes India.
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  • Mobility transformation: MATTER Group secures $35 million in funding led by Helena for Series B round
  • MATTER aims to propel India towards energy independence through innovative EV technology
  • Global collaboration with prominent investors marks a significant milestone in solving environmental challenges through technological innovation
  • MATTER’s agile approach towards innovation in electric vehicles validated by impact-oriented institutions
  • MATTER’s AERA electric motorbike receives 40,000 pre-bookings and is set to revolutionize mobility in India

Mobility Transformation Unveiled: MATTER’s AERA Revolution

In a groundbreaking move towards mobility transformation, MATTER Group, an innovative EV tech and energy storage firm, has announced a significant milestone in its journey by securing the first tranche of $35 million in the ongoing funding round. This investment, led by Helena, a renowned global problem-solving organization, signifies a major step towards propelling India towards energy independence through technological innovation.

A New Era of Electric Mobility: AERA’s Impact

At the heart of MATTER’s mobility transformation lies AERA, India’s first 4-speed Hyper-shift geared electric motorbike. The meticulously developed in-house technology stack powers this revolutionary vehicle, offering riders a unique blend of performance, reliability, and sustainability. With a proprietary 5 KWh liquid-cooled battery and powertrain, AERA delivers exceptional performance and longevity, enabling riders to cover over 125 kms on a single charge. The inclusion of features like Internet-enabled navigation, music, calls, and a 7″ touchscreen elevates the user experience to new heights, setting a new standard for electric mobility.

Global Collaboration for a Cleaner Future

The funding round for MATTER Group, which includes investments from prominent entities such as Capital 2B, Japan Airlines & Translink Innovation Fund, and SB Invest, highlights a global collaboration aimed at driving sustainable solutions in the mobility sector. Leaders from varied industries have recognized MATTER’s commitment to innovation and sustainability, paving the way for a cleaner and more efficient future for mobility in India and beyond.

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Empowering Mobility through Innovation

As MATTER gears up to meet the growing demand for sustainable mobility solutions, the company’s focus remains on empowering individuals through efficient and eco-friendly transportation options. With over 40,000 pre-bookings for AERA already secured and deliveries set to commence during the festive season, MATTER is poised to revolutionize the two-wheeler industry in India. Supported by a network of dealer partners and innovative suppliers, MATTER is driving a fundamental shift towards cleaner and more sustainable transportation solutions that address the pressing environmental challenges faced by the country.

MATTER Group’s efforts towards mobility transformation, exemplified by the introduction of AERA, underscore the company’s commitment to driving innovation, sustainability, and efficiency in the electric vehicle sector. With a strong focus on technological advancement and global collaboration, MATTER is leading the way towards a cleaner and more sustainable future for mobility in India and beyond.

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