Ultraviolette Raises $85 Million to Scale EV Production and Global Expansion

The latest funding takes Ultraviolette’s disclosed funding to $151 million since August 2025.

What is Ultraviolette?

Ultraviolette is an electric mobility company focused on electric vehicles, battery technology and related platforms.

The company currently offers the F77 and X-47 electric motorcycles. Its upcoming products include the Tesseract scooter and Shockwave enduro motorcycle.

Ultraviolette has developed in-house capabilities across battery technology, power electronics, vehicle architecture and intelligent software. Its battery technology covers architectures ranging from 48V to 400V.

Funding Details

Ultraviolette raised $85 million in the latest funding round. The round was led by deep-tech investor Yali Capital and TDK Ventures.

The round also saw participation from Lip-Bu Tan, Chairman of Walden International and an advisor to Ultraviolette, along with the company’s existing and long-term investors.

Before this round, Ultraviolette had raised $66 million in its ongoing Series E round from TDK Ventures, Zoho Corporation and Lingotto.

With the latest investment, the company’s disclosed funding has reached $151 million since August 2025.

How Will Ultraviolette Use the Funding?

Ultraviolette will use the fresh capital to scale production of its existing F77 and X-47 models and its upcoming Tesseract and Shockwave products.

The company will also use the funding to develop its next generation global EV platforms and expand into international markets.

Ultraviolette is targeting entry into the US market in 2027 and plans to expand further across Latin America and Southeast Asia.

Who Founded Ultraviolette

Ultraviolette was founded in 2016 by Narayan Subramaniam and Niraj Rajmohan and is headquartered in Bengaluru.

The company focuses on electric mobility and develops technologies across batteries, power electronics, vehicle architecture and software.

Its current product portfolio includes the F77 and X-47, while the Tesseract scooter and Shockwave enduro motorcycle are among its upcoming products.

Market and Business Growth

Ultraviolette is expanding its electric vehicle portfolio beyond motorcycles with products such as the Tesseract scooter and Shockwave enduro motorcycle.

The company is also developing EV platforms for global markets and plans to enter the United States in 2027 followed by expansion across Latin America and Southeast Asia.

What Happens Next?

Ultraviolette will focus on increasing production, developing its next-generation EV platforms and expanding its international presence.

The company plans to serve growing demand in India and overseas markets through its current and upcoming electric vehicle products.

Leadership Comments

Ganapathy Subramaniam, Founding Managing Partner, Yali Capital said, “India’s shift towards cleaner mobility will increasingly be driven by electric two-wheelers, given the scale of the segment. What attracted us to Ultraviolette is the depth of engineering the team has built inhouse; from the battery, powertrain to software and radar and their focus on applying this technology to real rider needs, especially safety.”

Ravi Jain, Investment Director, TDK Ventures commented, "The adoption of electric two wheelers can be accelerated by superior products powered by differentiated technology. We continue to believe that Ultraviolette is best positioned to catalyze this transition and build winning products for global markets." 

Lip-Bu Tan,  Chairman of Walden International commented, “What I really like about Ultraviolette is the combination of deep engineering expertise, strong IP, and the willingness to take on genuinely difficult problems. They have built the technology from first principles and are focused on creating something that is truly differentiated for the long term.” 

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