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Time of India

TDK Ventures invests in Ultraviolette, aims to accelerate electrification of motorcycles

TDK Corporation has announced that its corporate venture capital subsidiary TDK Ventures has invested in Bengaluru-based Ultraviolette . The investment, part of Ultraviolette's latest funding round, is said to represent TDK Ventures' commitment to advancing sustainable transportation technologies around the globe. In a statement, the company said that the investment aligns with TDK Corporation's strategic pillars of IoT, EV mobility , and renewables, offering collaborative opportunities in advanced battery technology, power electronics, sensors, and rider-assistance systems. 'TDK Ventures believes in empowering visionary companies that are driving the next wave of sustainable innovation," said Nicolas Sauvage, TDK Ventures President. "Ultraviolette exemplifies this with their industry-leading engineering, vertical integration, and a bold vision to reimagine the future of motorcycling and mobility. We are excited to support their journey toward electrifying the world's largest motorcycle markets.' 'We are thrilled to partner with TDK Ventures at this pivotal moment,' stated CEO Narayan Subramaniam.', 'Their deep expertise in energy solutions and electronics, along with our shared commitment to sustainable innovation, will play a critical role in helping Ultraviolette scale rapidly both in India and globally. We are also excited to be associated with the renowned 'TDK Goodness,' which gives us access to the expertise and knowledge of other segments of TDK Corporation.' Ultraviolette CTO Niraj Rajmohan, Ultraviolette said, 'Through this partnership with TDK Ventures, Ultraviolette will continue to innovate in deep-tech to shape the future of mobility. Together, we will continue to push the boundaries in building safer, smarter and more efficient electric mobility eco-system.' AI Masterclass for Students. Upskill Young Ones Today!– Join Now