SWAP logo — Revolutionizing Electric Mobility

SWAP

Revolutionizing Electric Mobility

Founded 2021 Pakistan Pakistan 1 employees Series C Total: $140.00M Energy

General Information

Company Name SWAP
Founded Year 2021
Location Pakistan Pakistan +1
Employees 1
Industries Energy
Funding Stage Series C
Social

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About SWAP

SWAP is revolutionizing electric mobility with its revolutionary battery swapping solution. The startup, founded in 2021 by Salman Chishti, aims to transform the way people perceive and utilize electric vehicles. With a focus on last-mile delivery and commercial markets, SWAP provides a sustainable and convenient way to power electric vehicles, eliminating high upfront costs, range anxiety, and lengthy charging times. One of the standout features of SWAP's solution is its cutting-edge AI-powered and cloud-based Operating System. This system evolves with every ride and learns from every battery swap. The startup's battery swapping technology encompasses smart swappable batteries for electric motorcycles, trikes, and buses, promising unmatched convenience and efficiency. SWAP's commitment to sustainability is evident through its focus on reducing the carbon footprint with zero-emission electric vehicles and its AI-powered integration for efficient charging stations. Notably, on 15 March 2023, SWAP received a Non Equity Assistance investment from Smart Futures Lab, showcasing the confidence an investor has in the company's innovative approach. As SWAP continues to drive change and pave the way for a future where electric mobility is accessible, efficient, and sustainable for all, it invites individuals and entities to join the movement as partners, investors, or collaborators. In summary, SWAP's dedication to revolutionizing electric mobility through its battery swapping solution, and the backing of Smart Futures Lab as an investor, positions the company as a pioneering force in the transformation of transportation. For further information or collaboration opportunities, contact the SWAP team at [email protected] and be part of reshaping the future of mobility.

Taxonomy: electric mobility, battery swapping, sustainable transportation, AI-powered technology, last-mile delivery, commercial markets, smart charging infrastructure, zero-emission vehicles, data-driven insights, clean transportation, investment opportunities, transportation innovation, environmental sustainability

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 2
Investor
•••• ••••
07 Jan 2026
Series B •••••• 5
Investor Investor Investor Investor
•••• ••••
05 Mar 2025
Non Equity Assistance •••••• 1
Investor
15 Mar 2023

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FAQ About SWAP

Revolutionizing Electric Mobility
SWAP was founded in 2021.
SWAP is headquartered in Pakistan.
SWAP operates in the following industries: Energy.
SWAP has approximately 1 employees.
SWAP has completed 3 funding rounds, raising a total of $140.00M. The latest funding stage is Series C.
Top alternatives and competitors to SWAP include SUN Mobility, Drive Terra, E-Mobility-Rentals, Rollyy, Zyngo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SWAP and SUN Mobility 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.

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