Ultraviolette Raises $85 Million To Accelerate Global EV Expansion
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8 Articles
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
Indian electric motorcycle manufacturer Ultraviolette has completed a major investment round as part of its growth plans. The company appointed Intel CEO Lip-Bu Tan as an advisor and raised a total of $85 million...
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 [...]
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