Matter secures $35 million first tranche of Series B
Helena led the financing for the electric-motorcycle manufacturer.
Matter announced the first $35 million tranche of its Series B on July 3, 2024. Helena led the financing, with participation from Capital 2B, Japan Airlines & Translink Innovation Fund, SB Invest and other investors.
The Ahmedabad electric-motorcycle company plans to scale manufacturing and its supply chain. Its AERA model is designed for the Indian two-wheeler market.
Use of funds
Scale manufacturing and supply chain