Ultraviolette Raises $85M to Scale Electric Motorcycles and Target US Expansion

Bengaluru-based electric mobility startup Ultraviolette has raised $85 million in a new funding round led by Yali Capital and TDK Ventures, with participation from Walden International chairman Lip-Bu Tan and the company's existing investors.

The fresh capital will support the company's production expansion, new electric vehicle programs and development of next-generation EV technologies as Ultraviolette prepares for international expansion.

Founded in 2016 by Narayan Subramaniam and Niraj Rajmohan, Ultraviolette develops electric motorcycles, scooters, battery architectures and broader electric vehicle platforms.

The company currently sells its electric motorcycles in India and 20 European countries and is targeting entry into the US market in 2027. It also plans to expand into Latin America and Southeast Asia.

$85M Round to Expand Ultraviolette's EV Portfolio

The latest funding round was led by Yali Capital and TDK Ventures, with participation from Lip-Bu Tan and existing investors.

The funding comes as Ultraviolette moves beyond its existing electric motorcycle portfolio and prepares to introduce additional vehicle categories.

The company plans to use the capital to scale production of its F77 and X-47 electric motorcycles.

Funding will also support upcoming products including the Tesseract electric scooter and Shockwave enduro motorcycle.

Alongside vehicle production, Ultraviolette plans to invest in the development of its next-generation EV platforms.

These investments will cover areas including battery technology, power electronics, vehicle architecture and intelligent software.

Building Multiple EV Platforms

Ultraviolette has developed its own technology across several areas of electric vehicle development.

According to the company, its battery architectures range from 48V to 400V.

Its technology capabilities span different vehicle segments, allowing the company to develop electric motorcycles as well as newer categories such as scooters and enduro motorcycles.

The F77 represents the company's electric motorcycle platform, while the X-47 expands its motorcycle portfolio.

The upcoming Tesseract is expected to take the company into the electric scooter category, while the Shockwave will target the enduro motorcycle segment.

The latest funding will allow Ultraviolette to continue developing these products while investing in the underlying platforms and technologies that support them.

Manufacturing Capacity Expansion

The fundraise follows Ultraviolette's announcement of a new manufacturing facility with an annual production capacity of up to 500,000 units.

The manufacturing expansion is significant as the company prepares to increase production across its current and upcoming vehicle portfolio.

Scaling manufacturing capacity can also support Ultraviolette's plans to expand beyond India.

The company currently operates in India and 20 European countries, while its international roadmap includes the United States, Latin America and Southeast Asia.

The new production infrastructure is therefore being developed alongside a broader geographic expansion strategy.

US Expansion Planned for 2027

One of the company's major objectives following the latest funding round is entering the US market.

Ultraviolette is targeting a US launch in 2027.

The company also plans to expand into Latin America and Southeast Asia, building on its existing presence in European markets.

International expansion will require the company to adapt its vehicles and operations to different markets, while building the distribution and service infrastructure required to support customers.

Ultraviolette's current presence across 20 European countries provides an existing international footprint as it prepares for further expansion.

$151M Raised Across Disclosed Fundraises

The latest $85 million round follows $66 million raised in Ultraviolette's ongoing Series E financing.

That earlier funding included $21 million from TDK Ventures and $45 million from Zoho Corporation and Lingotto.

With the latest round included, Ultraviolette has raised $151 million across these disclosed fundraises since August 2025.

The company's investor base includes Yali Capital, TDK Ventures, Lingotto, Qualcomm Ventures, Zoho Corporation, TVS Motor and Speciale Invest.

The participation of both existing investors and new capital providers gives Ultraviolette additional resources as it moves into a larger production and international expansion phase.

Lip-Bu Tan Joins as Advisor

As part of the latest investment, Walden International chairman Lip-Bu Tan has also joined Ultraviolette as an advisor.

Tan's participation adds another experienced technology and investment figure to the company's advisory network.

He participated in the latest funding alongside Ultraviolette's existing investors.

The company is continuing to build a broader network of investors and strategic stakeholders as it expands its technology and geographic footprint.

From Electric Motorcycles to Broader EV Technology

Ultraviolette was founded in 2016 with a focus on developing electric mobility technology.

Over time, the company has expanded its focus from individual electric motorcycle products toward broader EV platforms.

Its technology development now includes battery systems, power electronics, vehicle architecture and intelligent software.

The company says its battery architectures cover applications ranging from 48V to 400V.

This technology base provides the foundation for its current electric motorcycles and upcoming vehicles.

The latest funding is expected to accelerate that platform approach, allowing Ultraviolette to continue developing technologies that can be applied across different vehicle categories.

The Next Phase of Expansion

Ultraviolette's latest $85 million fundraise comes at a transition point for the company.

It is preparing to scale manufacturing while simultaneously expanding its product portfolio and entering additional international markets.

The company plans to increase production of the F77 and X-47, launch the Tesseract and Shockwave, and continue developing its next-generation EV platforms.

Its international expansion strategy will also move into a new phase, with the US targeted for 2027 alongside planned expansion into Latin America and Southeast Asia.

With $151 million raised across disclosed fundraises since August 2025, Ultraviolette now has additional capital to support manufacturing, technology development and international growth.

The company's next phase will center on turning its expanding technology platform and manufacturing capacity into a broader electric mobility business across multiple vehicle categories and markets.