Empowering people, improving lives.
Location: India
Employees: 11-50
Total raised: $186M
Investors 3
| Date | Name | Website |
| 03.08.2022 | Toyota AI ... | toyota-ai.... |
| 29.07.2024 | Marubeni V... | marubeni-v... |
| 13.08.2022 | Toyota Ven... | toyota.ven... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 08.08.2026 | Series C | $120M | Alteria Ca... |
| 08.02.2024 | Series B | $40M | - |
| 06.06.2023 | - | $15M | Trucks Ven... |
| 03.08.2022 | Series A | $11M | - |
Mentions in press and media 19
| Date | Title | Description |
| 27.08.2026 | Electric Motorcycle Innovator Secures Major Capital for Growth | Electric motorcycle innovator Matter Motor Works secured $25 million. This funding fuels manufacturing expansion. It targets new product development. The company aims to meet surging demand. Its AERA model features unique geared transmissio... |
| 25.08.2026 | EV startup MATTER raises $25M to scale electric motorcycle business | MATTER Motor Works, the electric motorcycle startup behind the AERA platform, has raised $25 million (~Rs 240 crore), in growth capital from existing investors. The round includes Helena, a global problem-solving organisation with a venture... |
| 08.08.2026 | River Mobility Secures $120M for India's Utility EV Revolution | River Mobility, a Bengaluru-based electric vehicle innovator, secured $120 million in Series C funding. This capital fuels an aggressive expansion plan for India’s burgeoning utility EV market. The company targets massive manufacturing scal... |
| 08.08.2026 | Indian startups raised $252 million from August 3 to August 8, 2026; River Mobility tops the list | Between August 3 and August 8, 2026, as many as 23 Indian startups from diverse sectors raised over $252.03 million in funding from investors. That is 216% up week-on-week from $79.79 million logged the previous week, when Arboreal Bioinnov... |
| 06.08.2026 | Moove Raises $250 Million To Lead the Robotaxi Industry | Africa just got a new mega-unicorn, and it’s not selling e-commerce or fintech apps. The mobility fintech Moove raises $250 million in Series C to scale robotaxis. Led by Tiger Global, the round has pushed its valuation to $2.1 billion. Exi... |
| 06.08.2026 | Bengaluru-based EV maker River Mobility raises $120 million in funding from Elev8 , Claypond Capital | River Mobility has raised $120 milllion in a Series C funding round, comprising both equity and venture debt, making it one of the largest private investments in India’s electric two-wheeler sector. Advertisment The round was led by Elev8 V... |
| 05.08.2026 | Venture Capital & Startup Funding Roundup, August 5, 2026: a16z, Base10, BlackRock, Franklin Templeton, General Catalyst, Insight Partners, Y Combinator & More | It’s the middle of the week, and venture capital is chasing one thing this Wednesday: technologies that can do more work with fewer humans in the loop. Across the biggest funding rounds announced Wednesday, investors poured hundreds of mill... |
| 05.08.2026 | EV startup River Mobility raises $120M in Series C co-led by Elev8 Venture and Claypond Capital | River Mobility, the Bengaluru headquartered two-wheeler electric vehicle (EV) manufacturer, has raised $120 Million in a Series C round of funding consisting of equity and venture debt. This funding round was co-led by Elev8 Venture Partner... |
| 05.08.2026 | River Mobility Raises $120 Million To Scale India’s Utility EV Market | India’s electric two-wheeler race has been loud. Ola, Ather, Bajaj, TVS — everyone launched multiple scooters, fought for lifestyle buyers, and burned cash on marketing. But River took the opposite bet and it paid off. The Bengaluru-based s... |
| 10.07.2026 | ISN Exclusive: Karnataka trumps other states! EV startup River finalises Whitefield for new manufacturing plant | Manufacturing in India is picking up and startups appear to be playing a critical role. Advertisment In line with those ambitions, River – an EV startup in Bengaluru – has finalised a land parcel to set up its manufacturing plant in Whitefi... |
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