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Ultraviolette Raises $85M to Take Indian Electric Motorcycles Global
Ultraviolette raised $85 million led by Yali Capital and TDK Ventures to scale electric-motorcycle production and prepare for a 2027 US launch.
Ultraviolette raised $85 million in growth financing on September 23, 2026. Yali Capital and TDK Ventures led the round, with participation from Intel CEO and Walden International chairman Lip-Bu Tan and existing investors.
The company did not disclose a formal series label or valuation.
Deal terms
| Field | Detail |
|---|---|
| Company | Ultraviolette |
| Financing | $85M growth round |
| Co-leads | Yali Capital; TDK Ventures |
| Other participant | Lip-Bu Tan; existing investors |
| Stage | Not formally disclosed |
| Valuation | Not disclosed |
Why this financing matters
Ultraviolette is using the capital to expand production of its F77 and X-47 electric motorcycles, develop the Tesseract and Shockwave products, and build international distribution. It is targeting a United States launch in 2027 while expanding across Latin America and Southeast Asia.
That makes the round a test of whether a premium electric two-wheeler brand engineered in India can scale across markets with different certification, dealer and service requirements.
What remains to be proven
The company says it exports to 20 European countries and has developed battery, powertrain, software and radar capabilities in-house. Those statements describe reach and technical scope, not unit economics. Revenue, deliveries, production capacity, burn and the latest valuation remain undisclosed.
Bottom line
The confirmed news is $85 million led by Yali Capital and TDK Ventures. Until Ultraviolette identifies the stage, it should be called a growth financing rather than automatically labeled Series E.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.
