PE-VC Fund Investments
EV maker Ultraviolette Automotive raises $21-M
Bengaluru-based electric two-wheeler maker Ultraviolette Automotive has raised USD 21 million from Japanese deeptech investor TDK Ventures) the corporate venture capital arm of Tokyo exchange listed TDK Corporation) with participation from existing investors Zoho Corporation and Lingotto (previously Exor Capital).The new funding will be used to scale up manufacturing capabilities, accelerate research, and expand its distribution networks with partnership from TDK Ventures.Founded in 2016, Ultraviolette Automotive is a two-wheeler manufacturer focused on clean energy and sustainable transportation.
Between Dec 2017 and May 2025, Ultraviolette Automotive had attracted about USD 53 M from TVS Motor, Zoho, Lingotto, Qualcomm Ventures and others.
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