The Future Is Electric: TDK Ventures' $21M Bet on Ultraviolette

TDK Ventures, the corporate venture capital arm of TDK Corporation, has invested $21 million in Bengaluru-based Ultraviolette, a pioneering manufacturer of high-performance electric motorcycles.

The investment aims to accelerate the shift toward sustainable mobility in India, where electric scooter adoption has reached 18%, but electric motorcycles account for less than 0.1% of the market. With industry forecasts valuing the segment at over $50 billion within the next decade, Ultraviolette is strategically positioned to lead this transformation.

Ultraviolette’s proprietary software platform powers both scooters and motorcycles, targeting India’s massive 20 million-unit two-wheeler market while expanding its global footprint. The company has already begun exporting to 10 European countries.

"TDK Ventures believes in empowering visionary companies solving real-world challenges. Ultraviolette exemplifies this spirit," said Nicolas Sauvage, President of TDK Ventures.

Ultraviolette’s cutting-edge technology includes a patented five-level battery safety system, a manufacturing facility with an annual capacity of 100,000 units, and record-setting performance—highlighted by the F99 Factory Racing Platform, capable of reaching 258 km/h.

Its product range spans from $2,000 to $10,000, with aggressive domestic expansion planned across 100 Indian cities by year-end, underscoring the company’s ambition to redefine performance and safety standards in the global electric two-wheeler market.

News by Rahul Yelligetti.