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Sunswap

Decarbonising the cold chain with zero-emission transport refrigeration.

Founded 2020

Leatherhead, United Kingdom 110 employees Series C+ Total: $25.94M

General Information

Company Name Sunswap

Founded Year 2020

Location

Leatherhead, United Kingdom

Employees 110

Funding Stage Series C+

Business Model B2B, D2C, SaaS

Revenue Model Product Sales, Service Fee, Usage Based

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About Sunswap

Sunswap, founded in 2020, is strategically positioned in the burgeoning domain of sustainable logistics in the United Kingdom. Their mission, encapsulated in their slogan—“Decarbonising the cold chain with zero-emission transport refrigeration,” defines their innovative approach. Offering a zero-emission, cost-efficient alternative to diesel-based transport refrigeration, they integrate energy prediction, adaptive battery capacity, and solar power in their technology solutions.

In a notable financial milestone, Sunswap recently secured a £17.30M Series A investment on 01 August 2024. This investment round was led by several prominent investors, including Shell Ventures, Clean Growth Fund, Business Growth Fund, Dutch Venture Capital, Move Energy, and Barclays Climate Ventures. This strong backing underscores confidence in Sunswap's capabilities to redefine energy use within the cold-chain industry.

Business keywords: Zero-Emission Transportation, Cold Chain Decarbonisation, Transport Refrigeration, Smart Energy Solutions, Solar-Powered Technology, Electric Refrigeration, Adaptive Battery Capacity, Proprietary Technology, Diesel Pollution Reduction, Cost-Effective Solutions, Energy Prediction, Sustainable Logistics, Cold Chain Logistics, Patent-Pending Technology, FMCG Partnerships

Services & Products

Electric transport refrigeration unit manufacturing

Aftermarket care and support

Electrification savings analysis

Fleet deployment solutions

Remote diagnostics and maintenance

Target Customers

Fleet operators Logistics companies Retailers with cold chain needs Food and beverage distributors Sustainability-focused businesses

Funding Rounds & Investors (6)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	£17.30M	6	Shell Ventures, Clean Growth Fund +4	01 Aug 2024
Convertible Note	£4.00M	-		01 Jun 2023
Series A	£4.00M	2	Clean Growth Fund, Barclays Climate Ventures	01 Mar 2022
Support Program	Undisclosed	1	Tech Nation	01 Sep 2021
Grant	€420.00K	1	Innovate UK	01 Nov 2020
Grant	£220.00K	1	Innovate UK	01 Jan 2020

Latest News

View All

Ocado adds Surrey-made solar-powered refrigeration to its double-deck trailer fleet

Insidermedia.com Sep 18, 2025

“We’re disrupting an industry that hasn’t seen innovation for a while” - Sunswap founder on keeping food cool on the move with solar

Insidermedia.com Sep 17, 2025

Michael Lowe, Sunswap

Madeinbritain.org Sep 04, 2025

Made in Britain presents Sunswap with Impact Awards trophy

Madeinbritain.org Aug 27, 2025

Clean Growth Fund raises one-third of £150M fund target

Tech Aug 18, 2025

Not your regular solar panel: 10 European startups harvesting the power of the sun

Eu-startups Jul 28, 2025

Sunswap Alternatives & Competitors

Sunswap vs

Gramercy Extremity Orthopedics United States

Disrupting & innovating sterile implant delivery by leveraging proprietary RFID-enabled technology.

Series A

10 employees

Biotechnology, Digital Health

Compare Sunswap vs Gramercy Extremity Orthopedics

FAQ About Sunswap

Decarbonising the cold chain with zero-emission transport refrigeration.

Sunswap was founded in 2020.

Sunswap is headquartered in Leatherhead, United Kingdom.

Sunswap has a B2B, D2C and SaaS business model. Its revenue comes from Product Sales, Service Fee and Usage Based.

Sunswap has approximately 110 employees.

Sunswap has completed 6 funding rounds, raising a total of $25.94M. The latest funding stage is Series C+.

Sunswap offers: Electric transport refrigeration unit manufacturing, Aftermarket care and support, Electrification savings analysis, Fleet deployment solutions, Remote diagnostics and maintenance.

Top alternatives and competitors to Sunswap include Gramercy Extremity Orthopedics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Sunswap and Gramercy Extremity Orthopedics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Sunswap, https://bouncewatch.com/company/sunswap, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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