Matter Group Secures USD 35 Million in Series B Funding Led by Helena

EV startup Matter Group announced on Wednesday it has secured USD 35 million in a Series B funding round led by Helena. The funds will help scale up manufacturing, supply chain, marketing, and retail expansion. Other investors include Capital 2B, Japan Airlines, Translink Innovation Fund, and SB Invest.

Matter Group, an EV and energy storage startup, announced receiving USD 35 million in its Series B funding round, led by the US-based Helena.

The capital will be used to scale manufacturing, supply chain logistics, marketing, and retail operations to meet growing demands for sustainable, high-performance transportation solutions.

Notable investors in this round include Capital 2B, Japan Airlines, Translink Innovation Fund, and Saad Bahwan Investment Management Company, among others, the company revealed in a statement.

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