Latest news with #TDKVentures
Time of India
12-08-2025
- Automotive
- 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
Business Wire
12-08-2025
- Automotive
- Business Wire
TDK Ventures Invests in Ultraviolette to Accelerate Electrification of Motorcycles
SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation (TSE: 6762) announced today that its corporate venture capital subsidiary TDK Ventures, Inc. has invested in Ultraviolette, a leading innovator in high-performance electric motorcycles headquartered in Bangalore, India. The investment, part of Ultraviolette's latest funding round, represents TDK Ventures' commitment to advancing sustainable transportation technologies around the globe. Electrifying the critical electric two-wheel market in India presents a tremendous opportunity to cut carbon emissions and deliver cleaner urban mobility. Following India's rapid adoption of electric scooters – achieving 18% penetration in just four years – electric motorcycles, which currently have <0.1% penetration, are poised for similar explosive growth. The Indian electric 2W market is projected to create a >$50 billion market opportunity within the next ten years. Ultraviolette's software platform powers its electric vehicle (EV) motorcycles and scooters enabling energy transition for the entirety of the 20 million 2W Indian market. Ultraviolette's status as the first Indian EV company to sell to the EU and getting ready to support other developed markets in this transition as well. Ultraviolette is uniquely positioned to lead this transformation with its diverse portfolio of mid-premium motorcycles and scooters for the aspirational India. Enabled by its platform technology, the company offers compelling alternatives to internal combustion engine motorcycles and scooters by combining aspirational design, superior performance, and advanced safety features. The company's flagship F77 MACH 2 and F77 SuperStreet models have already garnered major industry awards. Ultraviolette's upcoming scooter the 'Tesseract' and light motorcycle 'Shockwave,' have garnered over 70,000 paid bookings, representing more than $120 million in order value. The company is steadily expanding its distribution network with a presence in 20 Indian cities and a target of reaching 100 cities by year-end. The company commenced sales in 10 EU countries earlier this year. '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.' Ultraviolette's technology and manufacturing approach have already set new industry standards. Key innovations include a patented 5-level battery safety system, a proprietary vehicle operating system, and a vertically integrated production facility scaling to 100,000 units. Their premium range of motorcycles delivers up to 30kW of peak power, 155 km/h (96 mph) top speeds, and a real-world range of up to 300 km (186 miles). The Ultraviolette F99 Factory Racing Platform set the record for the fastest Indian-made motorcycle, clocking a top speed of 258 km/h. The Ultraviolette scooters and motorcycles span price points between USD $2000 to $10,000, catering to the entire spectrum of consumer segments in India and around the world. The company is led by co-founders Narayan Subramaniam and Niraj Rajmohan, who bring the right combination of technical and design expertise to become leaders in transitioning 2W mobility to EVs. Ultraviolette's leadership team brings experience across aerospace, consumer electronics, and automotive, with backgrounds at Tesla, Rivian, Apple, Samsung and Honeywell. '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 commented, '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.' 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 opened its Bangalore innovation hub in late 2023 to support India's extraordinary entrepreneurs in scaling their technologies beyond India, leveraging TDK Ventures' experience in growing deep-tech startups worldwide. TDK Ventures is committed to finding and impacting scale-ready technologies on the frontiers of innovation, whose contributions have the potential to build a better, brighter future for all humanity. To learn more about TDK Ventures, interested startups or investment partners should visit or reach out at contact@ About TDK Corporation TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads, software and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide. About TDK Ventures TDK Ventures Inc. invests in startups to bolster innovation in materials science, energy/power and related areas typically underrepresented in venture capital portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate venture company's vision is to propel the digital and energy transformations of segments such as robotics and industrial, next-generation transportation, mixed reality and the wider IoT/IIoT markets. TDK Ventures will co-invest and support promising portfolio companies by providing technical expertise and access to global markets where TDK operates. Interested startups or investment partners may contact TDK Ventures: or contact@ About Ultraviolette Ultraviolette (UV) is an innovator in future-ready Electric Vehicle Platforms and Battery Technology. Infused with Aviation DNA, this enterprise was conceived in 2016 by the founders, Narayan Subramaniam and Niraj Rajmohan. Ultraviolette is backed by a spectrum of global investors, including Lingotto (a subsidiary of EXOR N.V., renowned for its majority or controlling stakes in iconic brands and global leaders such as Ferrari, Stellantis, CNH Industrial, The Economist Group, Via, and Juventus), Qualcomm Ventures, Zoho Corporation, TVS Motors, and Speciale Invest. For more information, visit
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Business Standard
12-08-2025
- Automotive
- Business Standard
Electric motorcycle maker Ultraviolette raises $21 mn in funding round
Premium electric motorcycle manufacturer Ultraviolette on Tuesday said it has secured $21-million in a funding round with strategic investment from deep tech investor TDK Ventures. TDK Ventures is the corporate venture capital arm of Japanese firm TDK. "The investment round of $21-million saw strategic participation from TDK Ventures and strong continued backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital) among other leading institutional investors," Ultraviolette said in a statement. Other investors in Ultraviolette include Sriharsha Majety (co-founder & CEO, Swiggy), Ankit Nagori (co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and actor Dulquer Salmaan, the company said. The partnership with TDK Ventures represents a pivotal step in Ultraviolette's mission to develop and scale globally competitive performance-oriented EVs, it stated. "We look forward to bringing our TDK Goodness to Ultraviolette and their ambitious plan to design the next generation of energy efficient and performance EV 2W platforms," said Ravi Jain, Investment Director of TDK Ventures. Ultraviolette said it is now scaling up manufacturing, accelerating research, expanding its distribution network, and bringing its product portfolio to global markets. "Our partnership with TDK Ventures fast forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant," said Narayan Subramaniam, Co-founder and CEO of Ultraviolette. In late 2023, TDK Ventures launched its Bengaluru Innovation Hub to empower India's exceptional entrepreneurs to scale their technologies globally by leveraging its expertise in nurturing deep-tech startups around the world, as per the statement. The e-motorcycle maker said it is actively expanding its retail footprint across India, scaling from its current presence in 20 cities to over 100 cities nationwide.
Entrepreneur
12-08-2025
- Automotive
- Entrepreneur
TDK Ventures Invests in Ultraviolette to Support Global Expansion of Electric Two-Wheelers
Ultraviolette plans to use the funds to accelerate R&D in advanced battery platforms, scale manufacturing, expand its retail footprint from 20 cities to over 100 cities in India You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Japanese deep-tech investor TDK Ventures, the corporate venture capital arm of TDK Corporation, has made a strategic investment in electric mobility company Ultraviolette as part of its latest USD 21 million funding round. The round also saw continued participation from existing investors Zoho Corporation and Lingotto (formerly Exor Capital), along with other institutional backers. Ultraviolette plans to use the funds to accelerate R&D in advanced battery platforms, scale manufacturing, expand its retail footprint from 20 cities to over 100 cities in India, and grow its presence in global markets. Its flagship electric motorcycle, the F77, is the first Indian electric two-wheeler to receive European certification and is being sold in 10 European countries. "Mobility is undergoing a radical transformation, and at Ultraviolette, we are leading that change through cutting-edge innovation," said Narayan Subramaniam, CEO and Co-founder of Ultraviolette. "Our partnership with TDK Ventures fast forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future-ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant." Niraj Rajmohan, CTO and Co-founder, added, "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 a more efficient electric mobility ecosystem." Ravi Jain, Investment Director at TDK Ventures, said, "We look forward to bringing our TDK Goodness to Ultraviolette and their ambitious plan to design the next generation of energy efficient and performance EV two-wheeler platforms. TDK Ventures is excited to support Ultraviolette in their relentless pursuit of growing their global reach." Founded in Bengaluru, Ultraviolette develops performance-oriented electric motorcycles that combine futuristic design with precision engineering. Alongside its domestic expansion, the company aims to strengthen its position in international markets. TDK Ventures, which invests in scalable energy, mobility, and sustainability solutions, established its Bengaluru Innovation Hub in 2023 to support Indian entrepreneurs in taking their technologies to global markets.
Time of India
12-08-2025
- Automotive
- Time of India
Electric motorcycle maker Ultraviolette raises $21 mn in funding round led by TDK Ventures
Premium electric motorcycle manufacturer Ultraviolette on Tuesday said it has secured USD 21-million in a funding round with strategic investment from deep tech investor TDK Ventures . TDK Ventures is the corporate venture capital arm of Japanese firm TDK. Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "The investment round of USD 21-million saw strategic participation from TDK Ventures and strong continued backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital) among other leading institutional investors," Ultraviolette said in a statement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like At What Age Can You Retire With £250,000? Fisher Investments UK Learn More Undo Other investors in Ultraviolette include Sriharsha Majety (co-founder & CEO, Swiggy), Ankit Nagori (co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and actor Dulquer Salmaan, the company said. The partnership with TDK Ventures represents a pivotal step in Ultraviolette's mission to develop and scale globally competitive performance-oriented EVs, it stated. Live Events "We look forward to bringing our TDK Goodness to Ultraviolette and their ambitious plan to design the next generation of energy efficient and performance EV 2W platforms," said Ravi Jain, Investment Director of TDK Ventures. Ultraviolette said it is now scaling up manufacturing, accelerating research, expanding its distribution network, and bringing its product portfolio to global markets. "Our partnership with TDK Ventures fast forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant," said Narayan Subramaniam, Co-founder and CEO of Ultraviolette. In late 2023, TDK Ventures launched its Bengaluru Innovation Hub to empower India's exceptional entrepreneurs to scale their technologies globally by leveraging its expertise in nurturing deep-tech startups around the world, as per the statement. The e-motorcycle maker said it is actively expanding its retail footprint across India, scaling from its current presence in 20 cities to over 100 cities nationwide. PTI
