When was Matrix Renewables founded?

Matrix Renewables was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Where is Matrix Renewables located?

Matrix Renewables is headquartered in Madrid, Spain. It is registered at H.No.8-2-293/82/FII/A/2 & 2/1, F-1, Plot No.2, Hygh Lyne Apts, Rd No.5, Film Nagar, Jub, ilee Hills, Hyderabad, Hyderabad, Telangana, India, 500096.

How many employees does Matrix Renewables have?

As of Sep 30, 2026, the latest employee count at Matrix Renewables is 155.

Is Matrix Renewables a funded company?

Matrix Renewables is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Feb 22, 2024.

When was the latest funding round of Matrix Renewables?

Matrix Renewables' latest funding was a $***** Conventional Debt round on Feb 22, 2024, with participation from 1 investor.

Where does Matrix Renewables rank among its competitors?

Matrix Renewables ranks 17th amongst 97 active competitors, of which 2 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Matrix Renewables, which secured $283M in Feb, 2024.

Who are the top competitors of Matrix Renewables?

Matrix Renewables' top competitors include ACCIONA, Fotowatio Renewable Ventures and opde nergy. Among them, Matrix Renewables secured the most recent funding round in February, 2024.

Matrix Renewables - 2026 Company Profile, Funding & Competitors

Matrix Renewables is a funded company based in Madrid (Spain), founded in 2020. It operates as an Operator of renewable energy platform focused on developing solar, and clean energy projects. Matrix Renewables has raised an undisclosed amount in funding. The company has 97 active competitors, including 2 funded and 17 that have exited. Its top competitors include companies like ACCIONA, Fotowatio Renewable Ventures and opde nergy.

Company Details

Website: matrixrenewables.com
Registered Address: H.No.8-2-293/82/FII/A/2 & 2/1, F-1, Plot No.2, Hygh Lyne Apts, Rd No.5, Film Nagar, Jub, ilee Hills, Hyderabad, Hyderabad, Telangana, India, 500096

Key Metrics

Founded Year

2020

Location

Madrid, Spain

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Feb 22, 2024, $*****

Investors

MUFG & 1 more

Ranked

17^th among 97 active competitors

Employee Count

155 as on Sep 30, 2026

Similar Companies

ACCIONA & 2595 more

View Matrix Renewables' full profile

Matrix Renewables is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Siemens Gamesa Renewable Energy, Inc. CIN: 32061949262 , United States, Active	Oct 28, 2016	-	-	-
COLDWELL BANKER COMMERCIAL CIN: 32071921707 , United States, Active		-	-	-
MATRIX WIND ENERGY PRIVATE LIMITED CIN: U40109TG2005PTC047242 , India, Active	Aug 26, 2005	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
MATRIX GREEN ENERGY PRIVATE LIMITED CIN: U40108TG2014PTC095984 , India, Active	Oct 14, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	12 (As on Oct 31, 2024)

Matrix Renewables has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Feb 22, 2024 for $*****. 1 investor participated in its latest round. Matrix Renewables has 2 institutional investors.

Here is the list of recent funding rounds of Matrix Renewables:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2024	4473788	Conventional Debt	1862094	6681570	8905020	7430092

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View details of Matrix Renewables's funding rounds and investors

Matrix Renewables' employee count trend

Matrix Renewables has 155 employees as of Sep 26. Here is Matrix Renewables's employee count trend over the years:

Employee count trend for Matrix Renewables

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Top competitors of Matrix Renewables include ACCIONA, Fotowatio Renewable Ventures and opde nergy. Here is the list of Top 10 competitors of Matrix Renewables, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACCIONA 1931, Madrid (Spain), Acquired	Developer and manager of sustainable infrastructure solutions, especially in renewable energy	-	European Investment Bank, Banco Sabadell & 4 others	76/100
2nd	Fotowatio Renewable Ventures 2006, Madrid (Spain), Acquired	Developer of utility scale renewable energy solutions	-	Denham Capital, ING & 7 others	64/100
3rd	opde nergy 2005, Fustinana (Spain), Public	Developer of renewable energy projects	-	EIG Global Energy Partners, Sumitomo Mitsui Banking Corporation ... & 1 others	53/100
4th	Grenergy 2007, Madrid (Spain), Public	Developer of large scale PV energy systems and solar energy projects	-	Official Credit Institute, CAF & 2 others	52/100
5th	X-Elio 2005, Madrid (Spain), Acquired	Offers turnkey project development solutions	-	-	49/100
6th	Esteyco 1970, Madrid (Spain), Funding Raised	Developer of infrastructure, wind parks, and solar power plants	-	EIC Fund, Europa	48/100
7th	Gransolar Group 2004, Alcobendas (Spain), Late Stage	Turnkey project developers	-	Diana Capital, Axis	47/100
8th	Global Power Generation 2014, Madrid (Spain), Unfunded	Developer and manager of global electric power generation assets	-	-	46/100
9th	Isolux Corsan 1928, Madrid (Spain), Acquired	EPC services provider	-	Spectra Investments, Corpfin Capital	46/100
10th	Solarig 2005, Madrid (Spain), Funding Raised	Solar solution provider	-	-	46/100
17th	Matrix Renewables 2020, Madrid (Spain), Funding Raised	Operator of renewable energy platform focused on developing solar, and clean energy projects	-	MUFG, TPG	42/100