Ultraviolette Secures $21 Million Funding from Japan’s TDK Ventures to Accelerate EV Innovation
Bengaluru-based electric motorcycle manufacturer Ultraviolette Automotive has raised $21 million (₹184 crore) in a fresh funding round led by TDK Ventures , the corporate venture capital arm of Japanese electronics giant TDK Corporation . This marks a significant milestone for the high-performance EV startup as it gears up to expand its technology capabilities, scale production, and enter new global markets.
Founded in 2016 by Narayan Subramaniam and Niraj Rajmohan , Ultraviolette has gained attention for its flagship F77 electric sports bike , known for cutting-edge design, robust performance, and connected tech features. The F77, launched commercially in late 2022, offers a range of up to 307 km on a single charge (IDC) and accelerates from 0–60 km/h in just 2.9 seconds, making it one of the fastest electric motorcycles in India.
TDK Ventures , known for investing in transformative clean-energy and mobility startups, sees this partnership as an opportunity to back a homegrown EV brand with strong engineering DNA and global ambitions. The funding will be utilised to:
Boost R&D in battery technology, power electronics, and software integration.Scale manufacturing at Ultraviolette’s production facility in Bengaluru to meet growing demand.Accelerate international expansion , with focus on key markets in Europe, Southeast Asia, and the US.Enhance charging ecosystem partnerships to improve long-distance usability for electric motorcycles.
Narayan Subramaniam, CEO of Ultraviolette, stated,
“This investment from TDK Ventures is a huge vote of confidence in our vision of redefining global electric mobility. With TDK’s expertise in battery tech and electronics, we are excited to push the boundaries of performance, range, and innovation in the EV space.”
The latest funding comes at a time when India’s EV two-wheeler market is witnessing strong growth, driven by government incentives, rising fuel costs, and consumer interest in sustainable transportation. Ultraviolette aims to position itself as a premium performance EV motorcycle brand , competing not only with Indian rivals but also with global electric bike makers.
Industry analysts believe this partnership could give Ultraviolette a strategic edge, as TDK’s deep technical capabilities in energy storage, semiconductors, and sensors could significantly enhance the F77’s future iterations and new models.
With this round, Ultraviolette has now raised over $80 million in total funding from investors including TVS Motor Company, Qualcomm Ventures, Zoho, and now TDK Ventures.
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