Swapp Design Overview
- Year Founded
-
2022
- Status
-
Private
- Employees
-
10
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
7
Swapp Design General Information
Description
Manufacturer of battery-swapping products intended for accelerating electric vehicle adoption. The company offers Backup as a Service (BaaS) for four-wheel drive electric vehicles and builds scalable, interoperable, sustainable, and affordable end-to-end battery-swapping, enabling the Indian market to adopt electric vehicles more rapidly.
Contact Information
Website
www.swapp.designCorporate Office
- Innovation Studio
- 10/4, Phase 3, Bommasandra Industrial Area
- Bangalore, Karnataka 560099
- India
Corporate Office
- Innovation Studio
- 10/4, Phase 3, Bommasandra Industrial Area
- Bangalore, Karnataka 560099
- India
Swapp Design Timeline
Swapp Design Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Apr-2024 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 26-Aug-2023 | $90.6K | $90.6K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Swapp Design Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| CCPS | ||||||||
| Ordinary | 164 | $0.120408 | $150.04 | $150.04 | 1x | $150.04 | 1.45% |
Swapp Design Patents
Swapp Design Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024201157-A1 | System and method to estimate capacity loss of a battery module from a drive profile | Inactive | 30-Mar-2023 | ||
| WO-2024176156-A1 | Structure of an electric connector to reduce abrasion during mating | Inactive | 22-Feb-2023 | ||
| WO-2024100570-A1 | System and method for bypassing a battery module to maintain a battery unit operational | Inactive | 09-Nov-2022 | B60L58/21 |
Swapp Design Signals
Swapp Design Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Startupbootcamp Holding | Accelerator/Incubator | |||
| Emergent Ventures India | Corporation | Minority | ||
| Ev2 Ventures | Venture Capital | Minority | ||
| SEA Fund | Venture Capital | Minority | ||
| ThinKuvate | Venture Capital | Minority |
Swapp Design FAQs
-
When was Swapp Design founded?
Swapp Design was founded in 2022.
-
Where is Swapp Design headquartered?
Swapp Design is headquartered in Bangalore, India.
-
What is the size of Swapp Design?
Swapp Design has 10 total employees.
-
What industry is Swapp Design in?
Swapp Design’s primary industry is Electrical Equipment.
-
Is Swapp Design a private or public company?
Swapp Design is a Private company.
-
What is Swapp Design’s current revenue?
The current revenue for Swapp Design is .
-
How much funding has Swapp Design raised over time?
Swapp Design has raised $290K.
-
Who are Swapp Design’s investors?
Startupbootcamp Holding, Emergent Ventures India, Ev2 Ventures, SEA Fund, and ThinKuvate are 5 of 7 investors who have invested in Swapp Design.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process