MatterWave - About the company
MatterWave is a seed company based in Mumbai (India), founded in 2024 by Swaroop Ganguly and Dipankar Saha. It operates as a Developer of gallium nitride semiconductors for communication, sensing, and power applications. MatterWave has raised $101K in funding from SINE, with a current valuation of ₹*****. The company has 1508 active competitors, including 102 funded and 151 that have exited. Its top competitors include companies like Wadiz, Tessolve Semiconductor and Imec.
Company Details
Developer of gallium nitride semiconductors for communication, sensing, and power applications. The company focuses on design and fabrication processes for radio-frequency electronics. It offers solutions for integrating communication, computing, and power management functions. The company’s technology is intended for use in wireless, satellite, and radar systems.
- Website
- www.matterwave.in/
- Email ID
- *****@matterwavetechnologies.com
- Registered Address
- SINE Office, 7th Floor, RBTIC Building A. S. Marg, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400076
Key Metrics
Founded Year
2024
Location
Mumbai, India
Stage
Seed
Total Funding
$101K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Nov 21, 2025
Investors
Ranked
481st among 1508 active competitors
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Legal entities associated with MatterWave
MatterWave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MATTERWAVE TECHNOLOGIES PRIVATE LIMITED CIN: U72100MH2024PTC429967 , India, Active | Aug 02, 2024 | - | - |
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MatterWave's funding and investors
MatterWave has raised a total funding of $101K over 1 round. Its latest funding round was a Seed round on Nov 21, 2025 for $*****. 1 investor participated in its latest round. MatterWave has 1 institutional investor.
Here is the list of recent funding rounds of MatterWave:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2025 | 2608293 | Seed | 3440090 | 3696391 | 6569399 | 8796316 |
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MatterWave's founders and board of directors
Founder? Claim ProfileThe founders of MatterWave are Swaroop Ganguly and Dipankar Saha.
Here are the details of MatterWave's key team members:
- Swaroop Ganguly: Co-Founder of MatterWave.
- Dipankar Saha: Co-Founder of MatterWave and founder of 1 other company.
View details of MatterWave's Founder profiles and Board Members
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MatterWave's Competitors and alternates
Top competitors of MatterWave include Wadiz, Tessolve Semiconductor and Imec. Here is the list of Top 10 competitors of MatterWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wadiz 2012, Seongnam-si (South Korea), Series D | Equity and revenue-based crowdfunding platform | $128M | 76/100 | |
2nd | Tessolve Semiconductor 2004, Bengaluru (India), Acquired | Provider of semiconductor engineering services | $288M | 73/100 | |
3rd | Provider of semiconductor design and development services | - | 65/100 | ||
4th | Atomica 2000, United States, Series C | Manufacturer of MEMS, photonics, biochips, and sensors. | $30M | 62/100 | |
5th | SMART Photonics 2012, Eindhoven (Netherlands), Series D | Provides services for manufacturing photonic ICs | $244M | 61/100 | |
6th | Liquid Instruments 2014, San Diego (United States), Series C | Reconfigurable test and measurement instruments for advanced research and development | $135M | 61/100 | |
7th |  GSME 2021, San Jose (United States), Series B | GSME is a global provider of customized silicon solutions, specializing in RF design and power | $53M | 59/100 | |
8th | Polymatech Electronics 2007, Kanchipuram (India), Series C | Provider of semiconductor design and development services | $37.3M | 58/100 | |
9th | Semiconductor design service provider | - | 57/100 | ||
10th |  Funraise 2015, Costa Mesa (United States), Series A | Developer of fundraising platform providing donor management and engagement tools | $12.7M | 57/100 | |
481st | MatterWave 2024, Mumbai (India), Seed | Developer of gallium nitride semiconductors for communication, sensing, and power applications | $101K | 21/100 |
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MatterWave's Investments and acquisitions
MatterWave has made no investments or acquisitions yet.
Reports related to MatterWave
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