Indonesian EV battery startup Swap Energy raises $7.2m

Ondine Capital leads funding round that includes SBI Kejora Orbit Fund

20230403 Swap Energy

Founded in 2019, Swap Energy builds charging infrastructure for two-wheeled electric vehicles. (Screenshot from Swap Energy's website) 

KHAMILA MULIA, DealStreetAsia

JAKARTA -- Indonesia-based Swap Energy, which provides battery-swapping solutions for two-wheeled electric vehicles (EVs), has raised about $7.2 million in a pre-Series A funding round led by Ondine Capital, according to regulatory filings.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.