At the gates of the expected EICMA 2026, leading brands in the electrical sector such as Ultraviolet They continue working on the development of their range of models with an eye on next year, which in just a few weeks they will announce on the occasion of the well-known Italian international event. While that moment arrives, in addition, the latter has dedicated its latest efforts to carrying out an important round of financing.
Not only that; has announced the signing of well-known Intel CEO Lip-Bu Tan as an advisor. This, together with Yali Capital and TDK Ventures, along with other investors, have opted for the technical, commercial and technological expansion of the innovative Indian company. 2027 marks the beginning of a new and exciting stage within it, with the primary objective of landing in the competitive US market.
Ultraviolette increases its capacity at all levels
Ultraviolette has been growing steadily over time since the end of the last decade. The contribution of capital from external investors has meant that the technical, technological and commercial development of the brand has grown season after season. A trend that is confirmed in 2026 after its latest fundraising round in which it has managed to involve renowned technology capital funds.
Among them are Yali Capital and TDK Ventures, although without a doubt the most relevant news of this latest financing campaign is the joining of Lip-Bu Tan, CEO of Intel and who also chairs the investment firm. Walden International. The 85 million euros raisedsome 74.8 million euros, will be allocated to different activities within the company.
Mainly, as explained by Reuters, “the newly raised funds”will be intended for “increase production of its current products, launch the next Tesseract and Shockwave models, and develop its next generation of electric vehicle platforms”. In addition, Ultraviolette has been working for some time now on an ambitious project related to construction of its new factory in Hosur.
The brand will invest 82 million euros in the project
Taking into account Ultraviolette’s aspirations for the coming years, including its international commercial expansion, one of its main objectives in logistics is the construction of its new plant in the city of Hosur. According to the first estimates of the project An investment of more than 80 million euros will be necessary to be able to undertake the works and subsequent infrastructure that the facilities will have.
With an initial manufacturing figure of up to 250,000 vehicles per yearthis factory will have the necessary means to increase this figure to half a million motorcycles based on the required demand. The brand also estimates that The facilities will employ at least 2,000 people in its first phaseincreasing the workforce gradually in the coming years in parallel to the production requirement. Narayan Subramaniamco-founder and executive director of Ultraviolette, declared to a local media:
“We are at an inflection point in Ultraviolette’s journey. Over the past few years, we have built our foundation around technology, performance and product innovation; the next phase is to scale up to take that foundation much further. Our current facility in Bengaluru, Karnataka will continue to operate normally alongside the BIGGA factory, strengthening our long-term presence in India’s manufacturing and technology sector.”
