Ultraviolette Raises $85 Million in Funding Led by Yali Capital and TDK Ventures
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Khushi Jain
- September 23, 2026
Electric mobility startup Ultraviolette has raised $85 million in a funding round led by Yali Capital and TDK Ventures, with participation from Walden International chairman Lip-Bu Tan and its existing investors.
The Bengaluru-based company will use the fresh capital to scale production of its F77 and X-47 electric motorcycles, along with its upcoming Tesseract scooter and Shockwave enduro motorcycle.
The funds will also support the development of Ultraviolette’s next-generation EV platforms across battery technology, power electronics, vehicle architecture and intelligent software.
Ultraviolette is targeting entry into the US market in 2027 and plans to expand across Latin America and Southeast Asia. The company currently sells its electric motorcycles in India and 20 European countries.
The fundraise comes after Ultraviolette announced a new manufacturing facility with an annual production capacity of up to 500,000 units.
The latest round follows $66 million raised in its ongoing Series E round, including $21 million from TDK Ventures and $45 million from Zoho Corporation and Lingotto.
With the latest round, Ultraviolette has raised $151 million across these disclosed fundraises since August 2025.
Founded in 2016 by Narayan Subramaniam and Niraj Rajmohan, Ultraviolette develops electric vehicle platforms and battery technology. Its investors include Lingotto, TDK Ventures, Qualcomm Ventures, Zoho Corporation, TVS Motors and Speciale Invest.
The company has developed battery architectures ranging from 48V to 400V and says its in-house technology capabilities span multiple vehicle segments.
As part of the latest investment, Lip-Bu Tan has also joined Ultraviolette as an advisor.
FAQs
1. How much funding has Ultraviolette raised in its latest round?
Ultraviolette has raised $85 million in its latest funding round.
2. Who led Ultraviolette’s latest funding round?
Yali Capital and TDK Ventures led the funding round.
3. How will Ultraviolette use the fresh funding?
The company will use the capital to scale production of its electric motorcycles and upcoming vehicles and develop next-generation EV platforms.
4. When does Ultraviolette plan to enter the US market?
Ultraviolette is targeting entry into the US market in 2027.
5. How much has Ultraviolette raised across its disclosed fundraises since August 2025?
With the latest round, Ultraviolette has raised $151 million across its disclosed fundraises since August 2025.
