Ultraviolette raises $85 million in Series E led by Yali Capital; targets US entry in 2027

EV company Ultraviolette raised $85 million in Series E led by deeptech fund Yali Capital, planning US market entry in 2027 alongside expansion in Latin America and South-East Asia. Deeptech capital is flowing toward hard tech founders with clear path-to-scale; builders should expect investor scrutiny on unit economics, supply-chain resilience, and regulatory timelines in target markets.

Source: YourStory ↗