Ultraviolette raises $85M Series E for electric motorcycles

Indian electric two-wheeler maker Ultraviolette has raised $85 million in a Series E round led by deeptech fund Yali Capital and TDK Ventures. The funds will scale production of the F77 and X-47, develop the Tesseract and Shockwave, and support a US market entry in 2027.

• The $85M Series E was led by Yali Capital and TDK Ventures
• Walden International chairman Lip-Bu Tan also invested
• Capital goes to F77, X-47, Tesseract and Shockwave
• US market entry is targeted for 2027