In Short : Ultraviolette Automotive has secured $21 million in funding, led by TDK Ventures, to accelerate its electric mobility growth. The funds will be used for product development, manufacturing expansion, and entry into global markets. The company aims to strengthen its position in high-performance electric motorcycles, advancing clean transportation and sustainable mobility solutions worldwide.
In Detail : Ultraviolette Automotive has successfully raised $21 million in a funding round led by TDK Ventures. The investment marks a significant milestone in the company’s journey to redefine electric mobility in India and beyond.
The fresh capital will be directed toward advancing product development, particularly in the high-performance electric motorcycle segment. Ultraviolette is known for its innovative designs and technology-driven approach to clean transportation.
A portion of the funds will also be used to expand the company’s manufacturing capabilities. This will allow Ultraviolette to meet growing demand, both in domestic and international markets, with greater efficiency.
The company has set its sights on entering new global markets, tapping into the increasing demand for sustainable mobility solutions. This aligns with its vision of positioning India as a leader in advanced EV technology.
TDK Ventures, the lead investor, expressed confidence in Ultraviolette’s engineering expertise and market potential. The partnership is expected to accelerate innovation and adoption of clean energy-powered mobility.
Ultraviolette’s flagship products have already garnered attention for their performance, range, and advanced features, setting new benchmarks in the electric two-wheeler industry.
The funding round also saw participation from other investors who share the company’s vision for sustainable transportation. This collective support underscores growing investor interest in India’s EV sector.
With this investment, Ultraviolette plans to fast-track its research and development initiatives, ensuring that its upcoming models are globally competitive.
As the electric mobility market evolves rapidly, Ultraviolette aims to be at the forefront, offering solutions that combine cutting-edge technology with environmental responsibility.
