Ultraviolette Funding Round Raises $85 Million for EV Growth

On September 23, 2026, the Ultraviolette funding round secured USD 85 million, led by Yali Capital and TDK Ventures, with participation from Lip-Bu Tan, Chairman of Walden International, and the company’s existing investors. Tan will also join Ultraviolette as an advisor. The financing gives the electric motorcycle manufacturer additional capital to scale its current products, prepare upcoming models for production, and continue developing new electric-vehicle platforms. The company’s strategy centers on expanding its manufacturing footprint while using its in-house capabilities in battery systems, power electronics, vehicle architecture, and software to support future vehicle programs.

Funding Supports Ultraviolette’s Electric Motorcycle Portfolio

The new investment will be used to increase production of Ultraviolette’s F77 and X-47 electric motorcycles while supporting the upcoming Tesseract scooter and Shockwave enduro motorcycle. These programs cover multiple two-wheeler segments and provide the company with a broader product base as it expands beyond its existing lineup. The funding is also intended to support development of additional electric-vehicle platforms built around technologies developed internally. Ultraviolette identifies battery systems, power electronics, vehicle architecture, and software as core areas of its capabilities, giving the company a foundation for developing future electric vehicles across different applications and performance requirements.

New Manufacturing Facility Targets 500,000 Units

The financing follows Ultraviolette’s announcement of a new manufacturing facility with planned annual capacity of up to 500,000 units. That planned capacity provides a substantial production base for the company’s expansion strategy and is aligned with its intention to scale multiple electric two-wheeler products. The investment can therefore support both vehicle development and the operational requirements associated with increasing production. The manufacturing expansion is particularly relevant as Ultraviolette prepares to serve additional markets beyond its current footprint. The company currently sells its products in India and 20 European countries, giving its production plans an international dimension.

Ultraviolette Prepares for International Expansion

Ultraviolette plans to enter the United States in 2027, followed by planned expansion into Latin America and Southeast Asia. The sequence places international market development alongside the company’s efforts to increase manufacturing capacity and expand its product portfolio. Its current presence in India and 20 European countries provides an existing international sales base, while the planned entry into additional regions would broaden the geographic reach of its electric motorcycles and scooters. The funding gives Ultraviolette resources to continue preparing its products, manufacturing operations, and technology platforms for this wider expansion without changing the company’s stated market-entry sequence.

Battery Technology Covers 48V to 400V Architectures

Ultraviolette’s battery technology spans architectures from 48V to 400V, reflecting the range of electrical systems covered by its in-house technology development. The company plans to continue using this technical foundation as it develops new electric-vehicle platforms alongside its existing and upcoming two-wheelers. Battery architecture is closely connected to vehicle design, power electronics, and software, all of which Ultraviolette identifies as areas of internal capability. The combination of these technologies is expected to support future product development as the company expands its manufacturing operations and prepares for additional markets. The new capital will therefore support both near-term product scaling and longer-term platform development.

Investor Participation Adds Strategic Support

The funding brings together Yali Capital, TDK Ventures, Lip-Bu Tan, and Ultraviolette’s existing investors, while Tan’s planned advisory role adds a direct strategic component to the transaction. The investment is tied to production growth, upcoming vehicle programs, and development of future electric-vehicle platforms rather than a single product launch. This structure connects the company’s immediate manufacturing requirements with its longer-term technology roadmap. As Ultraviolette expands its product range and geographic presence, the additional capital is positioned to support the operational and engineering activities required for that strategy. The company’s existing capabilities remain central to how it plans to develop and scale future electric vehicles.

Industry Impact & Outlook

The funding strengthens Ultraviolette’s ability to connect product development, manufacturing expansion, and international market entry within a single growth strategy. For the electric two-wheeler sector, the planned 500,000-unit annual manufacturing capacity and broader product portfolio could increase the company’s ability to serve multiple markets as its geographic footprint expands. The planned United States entry in 2027 and subsequent focus on Latin America and Southeast Asia also indicate that international expansion will remain an important next step. The immediate priorities are expected to center on scaling the F77 and X-47, advancing the Tesseract and Shockwave, and developing additional platforms using the company’s battery, power electronics, vehicle architecture, and software capabilities.

Frequently Asked Questions

What will Ultraviolette use the USD 85 million funding for?
Ultraviolette plans to use the USD 85 million investment to scale production of its F77 and X-47 electric motorcycles and support upcoming models including the Tesseract scooter and Shockwave enduro motorcycle. The company also intends to develop new electric-vehicle platforms using its capabilities in battery systems, power electronics, vehicle architecture, and software. The funding follows plans for a manufacturing facility capable of producing up to 500,000 units annually and supports the company’s stated international expansion plans, including entry into the United States in 2027 and later expansion into Latin America and Southeast Asia.