Matel Motion and Energy Solutions Pvt Ltd has raised $13.7M in a Series B round, with backing from UC Impower, Catamaran, and Transition VC.
The company builds IE5 high-efficiency electric motors and drives for industrial uses like pumping, HVAC, and e-mobility, spanning applications from two-wheelers to buses and off-road vehicles. Its pitch centers on power density and energy savings, a niche that’s drawing investor attention as industrial electrification picks up pace.
















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