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
Employees 1
Industries Energy
Funding Stage Series C
Social

BounceWatch is an independent company data service, not affiliated with SWAP. To contact SWAP, visit swapbev.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does SWAP compare?

A PDF of SWAP and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting SWAP soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

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.

Business keywords: 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 100.00M 2
DST Global, ICONIQ
07 Jan 2026
Series B $40.00M 5
Cherry Ventures, Portfolio Ventures +3
05 Mar 2025
Non Equity Assistance Undisclosed 1
Smart Futures Lab
15 Mar 2023

SWAP Alternatives & Competitors

View All Alternatives
SWAP vs

Making Electric Vehicles (EVs) accessible and affordable for all.

Corporate Round
888 employees
Energy, Transportation
SWAP vs
Pirl Technology
Pirl Technology United States

Next-generation EV charging technology.

Pre-Seed
3 employees
Energy, IT
SWAP vs

Driving Sustainability with Innovative Electric Mobility Solutions

Series B
72 employees
Computing, Energy

FAQ About SWAP

Revolutionizing Electric Mobility
SWAP was founded in 2021.
SWAP is headquartered in Pakistan.
SWAP operates in Energy. Its work centres on electric mobility, battery swapping, sustainable transportation and AI-powered technology.
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, Pirl Technology, Powerhive, Pushme (acquired by TIER Mobility), Omnivoltaic Energy Solutions - OVES. 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.

Source: BounceWatch company record for SWAP, https://bouncewatch.com/company/swap, updated 7 January 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes