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drinkmati.com

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$15.11M

About Mati

Mati Energy is an energizing drink alternative for active and health-conscious consumers looking to enhance their everyday performance.On April 27th, 2020, Mati Energy was acquired by Nobl Coffee. Terms of the transaction were not disclosed.

Mati Headquarter Location

110 Corcoran St 05-135

Durham, North Carolina, 27701,

United States

866-924-8005

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Expert Collections containing Mati

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mati is included in 2 Expert Collections, including Food & Beverage .

F

Food & Beverage

3,523 items

W

Wellness Tech

1,302 items

We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.

Mati Patents

Mati has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/17/2014

1/8/2019

Road infrastructure, Road junction types, Pavements, Road hazards, Road transport

Grant

Application Date

12/17/2014

Grant Date

1/8/2019

Title

Related Topics

Road infrastructure, Road junction types, Pavements, Road hazards, Road transport

Status

Grant

Latest Mati News

Davao Oriental sees Imelda Marcos’ airport opening after about 5 decades

Jun 20, 2022

Copied A 34-hectare airport named after the former first lady has been there for about five decades, its runway long covered by vegetation on the property that belongs to the politically-influential Rabat clan DAVAO ORIENTAL, Philippines – Within a vast plantation in Mati City owned by close friends of the late dictator Ferdinand E. Marcos and his widow Imelda stands an airport terminal that was given a facelift by the government in 2021. The 34-hectare airport, built in the 1970s and originally named after the former first lady, is a white elephant – it’s been there for about five decades, its runway long covered by vegetation. There are pomelos, oranges, grapes, and coconuts on the property that belongs to the politically-influential Rabat clan. After all these years, members of the clan agreed to negotiate for the sale of the property so the airport could serve the purpose for which it was built, said Davao Oriental 2nd District Representative Joel Mayo Almario on Sunday, June 19. The Department of Transportation (DOTr) has set aside some P200 million to buy the property from the Rabats and Rocamoras, Almario said. He said the government plans to expand the airport from 34 to 61 hectares. Airport on private property But the circumstances surrounding the government’s decision to construct what has become a mothballed airport on private property are shrouded in mystery to this day. Almario said the Mati Airport had long been believed to have been built on a donated property because that was what Davao Oriental’s past officials said before. “So, everybody took that story as the truth,” said Almario. The airport, however, was left unused for commercial flights because there was no deed of donation ever executed to transfer the land ownership to the government. Its owners demanded payment. ‘Because Imelda wanted it’ Another story, according to Almario, was that former first lady Imelda Marcos had the airport constructed on the property so it would be convenient for her to visit her friend, the late 1956 Miss Philippines Merced “Edith” Nakpil Rabat. Edith was the wife of the late former Philippine national basketball team player Francisco “Paking” Rabat who became Davao Oriental’s governor from 1978 to 1986. According to Almario, one story was that Imelda wanted to visit Edith and her family in Mati, which was still a town at that time, but did not want to travel back and forth to Davao City where the nearest airport was located. “So, she (Imelda) ordered the construction of the airport right on the property of the Rabats,” Almario said. The mothballed Mati Airport was originally named Imelda Romualdez Marcos Airport. Near the Rabat clan property is a private airport which was built, too, in the ’70s by a Marcos crony, Hans Menzi, in his estate where a Spanish-era-inspired white mansion stands. Menzi was a former military aide of the late strongman who turned into an industrialist and publisher of the broadsheet Manila Daily Bulletin, which was renamed Bulletin Today during Martial Law, and Manila Bulletin after the 1986 EDSA revolt. The late Marcos crony had invested so much in Mati and bought vast tracts of agricultural land in the Davao Oriental capital and Bukidnon during the years of the dictatorship. In the ’70s, it would take at least 10 hours to travel from Mati to Davao City where commercial flights were available. Five decades later, the nearest airport from Mati is still in Davao City, but significant road improvements have reduced travel time to about three hours. Funds ready As Mati celebrated its 15th anniversary as a chartered city on Sunday, Almario said the capital city of Davao Oriental and the province for that matter would soon have its own airport with commercial flights, finally. Almario said negotiations for the sale of the Rabat and Rocamora property started in 2017, a year after President Rodrigo Duterte rose to power. Once everything is in order, the provincial government would pay the landowners using funds downloaded by the DOTr, he said. Some P180 million has already been downloaded to the capitol’s account with the Land Bank of the Philippines in February, said Almario. The process had been slowed down because one of the landowners had found the government’s price way below what they had demanded, according to Almario. Done deal Now, all the families have already given their consent, said Mati City vice mayor-elect Lorenzo Rabat. “The opening of Mati Airport will bring in more tourists, not only from the region,” he said. He said the next city council and Mati Mayor Michelle Rabat were committed to efforts to open the airport and bring commercial flights to the city. The incumbent Vice Mayor Glenda Rabat-Gayta called the sale a done deal. She said all the documents were now being finalized. “It is just a matter of time. You know how documentation is. We are all excited, and hopefully, ma-open na siya (the airport would be opened), and that would be another good thing for Mati,” Gayta said. She said that if plans don’t miscarry, all documents would have been signed by the end of June in time for the assumption of president-elect Ferdinand Marcos Jr., the son of the same couple that had the mothballed airport built. – Rappler.com Recommended Stories

  • When was Mati founded?

    Mati was founded in 2012.

  • Where is Mati's headquarters?

    Mati's headquarters is located at 110 Corcoran St 05-135, Durham.

  • What is Mati's latest funding round?

    Mati's latest funding round is Acquired.

  • How much did Mati raise?

    Mati raised a total of $15.11M.

  • Who are the investors of Mati?

    Investors of Mati include NOBL Beverages, Duke Angel Network, IDEA Fund Partners, DUMAC, Carolina Angel Network and 5 more.

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