StartupFox
Ultraviolette has raised $85 million in a round co-led by Yali Capital and TDK Ventures, with Walden International chairman Lip-Bu Tan participating alongside existing investors. Tan has also joined the company as an advisor.
The Bengaluru company will use the capital to scale production of its F77 and X-47 electric motorcycles and bring the Tesseract scooter and Shockwave enduro to market, along with developing its next generation of EV platforms across battery technology, power electronics, vehicle architecture and software.
It is targeting entry into the United States in 2027, followed by expansion across Latin America and Southeast Asia. It currently sells in India and 20 European countries.
- $85 millionRound Size
- $151 millionRaised Since August 2025
- ₹32.3 Cr / ₹116.3 CrFY25 Revenue and Loss
StartupFox
3 reports filed for Wednesday 23 September 2026, compiled from company statements, registry filings and StartupFox reporting. Figures marked reported were not confirmed by the companies named.
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