5.29 swobbee, raises €6 million to bring micromobility battery swapping to Europe

Swobbee, a Berlin-based startup that is working to commercialise battery swapping for micromobility vehicles, in March 2022 announced that it had raised a €6 million in Series A funding from EIT InnoEnergy and one of its existing investors.

The start-up EIT will rely on both the funds and InnoEnergy’s network in the European green tech space to build out its battery swapping station network across Germany and into further European countries. Companies offering battery swapping services for e-scooters have already built significant businesses across Asia - particularly in China and Taiwan.

Since its founding in 2017, Swobbee has focused on businesses that operate small electric vehicle fleets -utilising, for example, e-bikes, cargo bikes and kick scooters – particularly in the field of sharing, logistics and delivery. However, the goal for 2022 and beyond is not only to expand its fleet customers, but also to reach average consumers with personal vehicles.

While its network presently only covers around 50 locations in Germany, its plan is to either deploy stations on its own or through partnerships with gas stations, utilities companies or the retail market. Each station has a footprint of under one square metre, which makes it easy to install in city centre locations where swapping will be most needed.

DusCHA CEO and Co-Founder of Swobbee

We are piloting together with the European Union a B2C model where we would like to discover if swappable batteries or battery-sharing services could be a thing for European customers.

swobbee.de