Azur Innovation Fund backs GoSwap in seed round
GoSwap’s battery-as-a-service model supports electric scooters via a network of swap stations.
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Moroccan electric mobility startup GoSwap has secured its first seed funding round from Azur Innovation Fund.
Founded in Casablanca, GoSwap is building a battery-as-a-service model for electric scooters. The company is targeting a broader capital raise exceeding $2 million to support regional expansion.
At the core of GoSwap’s model is the separation of the battery from the vehicle. Users can purchase electric scooters without batteries and access energy through a network of smart swap stations. Depleted batteries can be exchanged for fully charged ones in under 10 seconds.
The company has already deployed 20 connected battery swap stations across Casablanca.
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