Matel Funding: Matel makes components like power trains and motor control units for EVs. This funding round saw participation from investors like Nikhil Kamath-backed Gruhas and from Haresh Abichandani, the founder of electronic components firm Millenium Semiconductor.
Startup news and updates: Daily roundup (May 16, 2024)
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Matel, three others secure early-stage funding
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