Indonesia’s EV Startup Swap Energi Raises $22M in Series A Funding

Indonesian EV Startup Swap Energi Secures $22M Series A Funding

Swap Energi, an Indonesian electric battery service developer, has successfully raised $22 million in Series A funding. The funding round saw the participation of three key investors: Qiming Venture Partners, Ondine Capital, and GGV Capital. Swap Energi’s Co-Founder & CEO, Irwan Tjahaja, confirmed the conclusion of the funding round, although specific details regarding the investment were not disclosed.