About Powerswap
Powerswap is a company based in Stockholm (Sweden) founded in 2011. Powerswap has raised $222.88 thousand across 3 funding rounds from investors including European Union and EIC Fund. Powerswap offers products and services including Power Swap System, Fuelmatics, and Hycan. Powerswap operates in a competitive market with competitors including Ample and Aulton New Energy, among others.
- Headquarter Stockholm, Sweden
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Powerswap Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$222.88 K (USD)
in 3 rounds
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Latest Funding Round
$58.4 K (USD), Grant
Aug 31, 2018
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Investors
European Union
& 1 more
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Employee Count
Not available
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Products & Services of Powerswap
Powerswap offers a comprehensive portfolio of products and services, including Power Swap System, Fuelmatics, and Hycan.
System for quick battery replacement in electric vehicles.
Solutions for vehicle energy management and infrastructure.
Technology for hydrogen and energy networks in vehicles.
Funding Insights of Powerswap
Powerswap has successfully raised a total of $222.88K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $58.4 thousand completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Powerswap
Powerswap has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Locked | Locked | Locked | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for Powerswap
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Powerswap
Investment portfolio details for Powerswap
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Powerswap
Detailed financials for Powerswap
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Powerswap Comparisons
Peer comparison for Powerswap
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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- Operating benchmarks
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Competitors of Powerswap
Powerswap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ample and Aulton New Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Automatic battery swapping solutions for electric vehicles are developed.
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| Locked | Locked | Locked |
Electric vehicle battery swapping solutions with automated systems are provided.
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Detailed competitors of Powerswap
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Powerswap
Complete news archive for Powerswap
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Frequently Asked Questions about Powerswap
Powerswap was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Powerswap is headquartered in Stockholm, Sweden.
Powerswap is a funded company, having raised a total of $222.88K across 3 funding rounds to date.
Powerswap was founded in 2011 in Stockholm, Sweden, focusing on battery swapping infrastructure within the electric vehicle sector. Machines for automated battery exchanges are developed for installation at existing fuel stations and parking lots. Payments for swaps are processed via a dedicated app. The system supports the sale of electric vehicles excluding the battery, which is offered under a separate lease arrangement. Operations emphasize seamless integration into urban mobility networks.
Powerswap's top competitors include Ample and Aulton New Energy.
Powerswap offers Power Swap System, Fuelmatics, and Hycan.
Powerswap has 2 investors. Key investors include European Union, and EIC Fund.