Ultraviolette Charges Ahead: Secures $21M from TDK Ventures for EV Expansion

Bengaluru, 2025 – High-performance electric vehicle maker Ultraviolette Automotive has raised $21 million (₹175 crore) in a strategic funding round led by Japan’s TDK Ventures, with participation from existing investors. The capital injection will fuel the company’s ambitious plans to scale its EV portfolio and strengthen its tech edge in India’s premium electric mobility market.Ultraviolette Automotive, the Bengaluru-based electric vehicle (EV) innovator, has raised $21 million in a fresh funding round led by TDK Ventures, a global investor known for backing cutting-edge energy and mobility solutions. The capital infusion will accelerate Ultraviolette’s ambitious expansion plans, including scaling production of its flagship electric motorcycle F77, expanding into global markets, and investing in next-gen battery technologies.

Founded in 2016 by Narayan Subramaniam and Niraj Rajmohan, Ultraviolette has quickly established itself as one of India’s most futuristic EV companies, combining performance, design, and sustainability. The company launched the F77 electric motorcycle, which boasts aerospace-inspired design, high-speed performance, and a range of over 300 km on a single charge, positioning it as a direct challenger to premium ICE motorcycles.

“TDK Ventures’ investment is a validation of our vision to build world-class EVs and ecosystem solutions from India for the world,” said Narayan Subramaniam, CEO of Ultraviolette. “This funding enables us to expand manufacturing capacity, strengthen our R&D, and enter key international markets.”

The $21 million raise comes at a time when India’s EV market is witnessing exponential growth, supported by favorable government policies, rising fuel prices, and increasing consumer adoption of sustainable mobility. Ultraviolette plans to channel the funds into setting up advanced battery R&D labs, expanding charging infrastructure, and enhancing its proprietary energy storage systems.

Industry experts highlight that Ultraviolette’s strong focus on high-performance EVs differentiates it from mainstream electric two-wheeler players. With the global two-wheeler EV market projected to cross $50 billion by 2030, Ultraviolette is strategically positioning itself to capture demand in both India and international markets such as Europe and Southeast Asia.

TDK Ventures, with its expertise in batteries, sensors, and sustainable technologies, is expected to play a pivotal role in accelerating Ultraviolette’s innovation pipeline. The partnership will also enable collaborations on solid-state batteries and advanced energy solutions, further pushing the boundaries of EV technology.

With this fresh capital, Ultraviolette is set to charge ahead, scaling from a pioneering Indian EV startup to a global high-performance mobility brand, redefining the future of electric motorcycles.

🔌 Key Expansion Plans

✅ Next-Gen EV Development

• Accelerating R&D for F77 electric motorcycle upgrades (extended range, faster charging)
• Prototyping new models, including a potential hyper-performance superbike

✅ Battery & Powertrain Innovation

1. Collaboration with TDK’s battery tech expertise for higher energy density cells
2. Localized manufacturing of next-gen battery management systems (BMS)

✅ Market Expansion

• Scaling production to meet growing domestic demand
• Exploring international markets, including Southeast Asia and Europe

💰 Investor Confidence

🔹 TDK Ventures (Corporate VC arm of TDK Corp) – Brings deep expertise in battery tech and materials science
🔹 Existing Backers – Including GoFrugal, TVS Motor, and Speciale Invest

📊 Why Ultraviolette Stands Out

🌍 Market Opportunity

• India’s premium electric motorcycle segment expected to grow 5x by 2027
• Ultraviolette positioned as a Tesla of two-wheelers, blending performance + sustainability

📅 What’s Next?

• 2024-25: Expand production capacity, enhance charging infrastructure
• 2026: Potential IPO as EV adoption surges

🔋 The Big Picture – This funding solidifies Ultraviolette’s lead in India’s high-performance EV race, with global ambitions on the horizon.

📢 Would you pick an Ultraviolette over a conventional superbike?
#Ultraviolette #ElectricVehicles #TdkVentures #EVRevolution #SustainableMobility #MadeInIndia