Matel will use its Series B funding to expand manufacturing, R&D, hiring, product development, and international operations.
- Amount
- $13.6M
- Stage
- Series B
- Announced
- 3 August 2026
- Lead
- UC Impower
- Other investors
- Catamaran, Transition VC, Gruhas, Haresh Abichandani
- Use of funds
- Expand manufacturing capacity, strengthen R&D, accelerate product development, hire engineering and production staff, and support international expansion.
- Checked
- Amount and date matched across 2 press sources