Ultraviolette raises $85M and plans US market entry in 2027

Indian electric motorcycle maker Ultraviolette has raised $85 million in a round led by Yali Capital and TDK Ventures and plans to enter the US market in 2027. The company already operates in 20 European countries, is building an Indian factory with eventual capacity of 500,000 bikes a year, and is preparing the Tesseract scooter and Shockwave enduro for production.

• The $85M round was led by Yali Capital and TDK Ventures
• US market entry is planned for 2027
• New Indian plant targets up to 500,000 bikes a year
• Lineup includes F77, X-47, Tesseract, Shockwave and F99 superbike