Fundz

Matteco raised €15M in a Series A funding round led by Grupo ASV and Napali to reduce the costs of green hydrogen production.

PRIVATEOct 25, 2024

Amount Raised

€15 Million

Round Type

Series A

ValenciaManufacturingEnergyRenewable Energy

Investors

ZubiGrupo ASVNapali

Description

Valencia cleantech startup Matteco has closed a €15 million Series A investment round to tackle high production costs in green hydrogen. The funds will support the opening of its new catalyst and electrode factory, boosting its production capacity significantly.

Quick answer

Matteco raised €15 Million in a Series A round, dated October 25, 2024. Investors: Zubi, Grupo ASV and Napali. Matteco is based in Valencia, Valencian Community, Spain.

How much did Matteco raise?
Matteco raised €15 Million in a Series A round on October 25, 2024.
Who invested in Matteco?
Zubi, Grupo ASV and Napali are named as investors in this round.
What does Matteco do?
Matteco is a materials technology company with a mission to decarbonize the economy and accelerate the energy transition, starting with solutions for green hydrogen production.
Where is Matteco based and how big is it?
Matteco is based in Valencia, Valencian Community, Spain. Fundz records about 29 employees.
Who are the decision-makers at Matteco?
Fundz holds 1 contact at Matteco. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Matteco that raised within 45 days of this round, from Fundz verified event records.

  • Illumion raised $2.7M (Seed) on December 4, 2024.
  • Molyon raised $4.6M (Seed) on November 26, 2024.
  • Silfab Solar raised $100M (Funding Round) on November 21, 2024.
  • Hydrogen Mem-Tech raised an undisclosed amount (Equity Crowdfunding) on November 15, 2024.
  • Vaulted Deep raised $32M (Series A) on November 15, 2024.
  • Radiant raised $100M (Series C) on November 14, 2024.

Who to call at Matteco, and when

A new round usually means Matteco is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Matteco raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Matteco, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Matteco. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Matteco

Location

Valencia, Valencian Community, Spain

About

Matteco is a materials technology company with a mission to decarbonize the economy and accelerate the energy transition, starting with solutions for green hydrogen production. The company develops high performance catalysts, catalytic coatings and electrodes, key components in producing renewable hydrogen through alkaline and AEM electrolysis. Our PGM-free materials promise higher current densities, lower energy consumption and superior stability, making us a game changer for efficient hydrogen production. This patented technology, built on more than 10 years of R&D, transforms the economics reducing both capital investment and operating costs. Matteco is a spin-off from the University of Valencia and is part of Zubi Labs, the impact company builder of the Zubi Group. Based in Valencia, Spain, it is expanding its manufacturing capacity to reach GW scale.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Matteco raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Matteco's next move

See what Strategic adds

Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Matteco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.