Ultraviolette Raises $85 Million To Accelerate Global EV Expansion

Ultraviolette Raises $85 Million To Accelerate Global EV Expansion

Ultraviolette has raised $85 million in a new funding to scale up production, develop new EV platforms and expand into international markets.

E-2W maker Ultraviolette raises $85 million to scale production, expand global presence

The company sells its products in India and 20 European countries, with international sales currently at 15% of overall volumes, expected to rise to 25% as it expands globally

Ultraviolette Raises $85 Million To Scale Production, New EVs & Global Operations

GaadiWaadi - The new capital will support a plan of 5 lakh unit production, future EV platforms and entry in to the United States market next year for Ultraviolette Ultraviolette has secured $85 million in a new funding round led by Yali Capital’s Deep Tech Fund and TDK Ventures with investment from Lip-Bu Tan, Chairman of Walden International. Tan has also joined the Bengaluru-based EV company as an advisor. The funding comes soon after Ultravi…

Ultraviolette raises $85 Mn, targets US expansion in 2027

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 [...]

Ultraviolette Secures $85M to Power Global EV Expansion

Ultraviolette Announces $85 Million Funding Round to Advance its Next Generation of Global EV PlatformsRound was led by Deep Tech Fund Yali Capital and TDK Ventures.Lip-Bu Tan, Chairman, Walden International invests in Ultraviolette; comes on board as Advisor to Ultraviolette.The fresh infusion of funds follows Ultraviolette's announcement of its new manufacturing facility scaling production up to 500,000 units annually.Ultraviolette currently o…