Ultraviolette Secures $21 Million to Supercharge Global Electric Motorcycle Expansion

Ultraviolette Secures $21 Million to Supercharge Global Electric Motorcycle Expansion

Ultraviolette, the premium electric motorcycle manufacturer, received a $21 million boost led by TDK Ventures, with further support from key investors. This partnership aims to elevate their global presence, enhance research, and expand manufacturing. Ultraviolette plans to scale its retail reach from 20 to over 100 cities.

TDK Ventures Invests in Ultraviolette

TDK Ventures now joins Ultraviolette’s group of institutional investors, which includes some renowned names in the industry.

TDK backs Ultraviolette with $21M to take India-made electric motorcycles global

Ultraviolette aims to expand its electric motorcycles to 40 European countries, as well as Latin America and Southeast Asia.

Invest: TDK Ventures works on E-2W in India

$50bn projection for Indian electric 2W market TDK Corporation (TSE: 6762) said its corporate venture capital subsidiary TDK Ventures, Inc has invested in Ultraviolette, a leading innovator in high-performance electric motorcycles headquartered in Bangalore. The investment, part of Ultraviolette’s latest funding round, represents TDK Ventures’ commitment to advancing sustainable transportation technologies around the globe. Electrifying […] Sour…

TDK Ventures Invests in Ultraviolette to Accelerate Electrification of ...

TDK backs Ultraviolette with $21M to take India-made electric motorcycles global | Tech, Entertainment, Sport, Fashion, Travel News

Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, fueled with $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation, Ultraviolette is putting its expansion plans into overdrive. The nine-year-old startup plans to grow its European footprint fourfold, enter other motorcycle-driven markets such as Latin America and Southeast Asia, a…