Matteco, an advanced materials company specializing in clean technology, has successfully closed a €15 million Series A investment round, supported by various national and international family offices focused on impact investing. Notable investors include Grupo ASV from Spain, Napali from Chile, and Zubi from Spain.
The newly raised capital will facilitate the opening and ramp-up of Matteco's next-generation catalyst and electrode manufacturing facility in Paterna, with a production capacity capable of generating the equivalent of 1 gigawatt (GW) of electrodes annually. Under the leadership of CEO and co-founder Iker Marcaide, the company aims to meet increasing global demand by integrating its innovative catalysts and electrodes with alkaline and AEM electrolyzer manufacturers across Europe, North America, and Asia.
To accommodate growth, Matteco plans to expand its workforce from 30 to 100 employees by 2025. The funding will also support ongoing innovation and process optimization to maintain its competitive edge in the clean technology sector, contributing to the broader transition toward a decarbonized economy.
The completion of the Series A round and the involvement of partners with strong industrial and financial backing underscore Matteco's significant potential within the clean technology and renewable hydrogen industries.
“We look forward to this new phase of growth and scaling up with partners who strongly believe in impact investing so that together we can harness the potential of materials innovation to solve the environmental challenges we face,” stated Iker Marcaide.
Matteco is solidifying its global standing as a manufacturer of high-performance materials aimed at decarbonization efforts. Co-founder and CTO Gonzalo Abellán emphasized, “Our patented technology, built on more than 10 years of R&D, has a significant impact on the competitiveness of green hydrogen production.”
