# Swap Energi

> Swap Energi is an Indonesian e-mobility startup that runs Southeast Asia's largest battery-swapping network for electric motorcycles. Instead of waiting to charge, riders exchange a depleted portable lithium-ion battery for a fully charged one at more than 1,500 stations - a process that takes roughly nine seconds. The company pairs this energy network with its own SMOOT smart electric motorcycles and a rider app, and has raised about US$29 million to electrify Indonesia's fleet of over 125 million two-wheelers.

- **Founded:** 2019
- **Headquarters:** Jakarta, Indonesia
- **Founders:** Irwan Tjahaja (Co-founder & CEO), Kevin Phang (Co-founder), Martin Zhuang (Co-founder)
- **Team size:** ~62 employees
- **Products:** Swap Battery, Swap Stations, Swap App, SMOOT Electric Motorcycle
- **Notable:** Built Southeast Asia's largest battery-swapping network with 1,500+ stations, Enabled ~9-second battery swaps, effectively removing range anxiety, Raised ~US$29.2M total, including a US$22M Series A led by Qiming Venture Partners (Jan 2024)

## Products & services

- **Swap Battery** — Smart, portable lithium-ion battery pack compatible with multiple e-motorcycle types, with real-time monitoring and secure digital authentication.
- **Swap Stations** — Network of 1,500+ battery-swapping cabinets placed at Circle K, Alfamart, gas stations and high-traffic warungs, enabling a ~9-second battery exchange.
- **Swap App** — Mobile app for riders to locate stations, authenticate swaps, monitor battery status and manage transactions.
- **SMOOT Electric Motorcycle** — Swap's own line of smart, charge-free electric motorcycles designed natively around the battery-swap ecosystem.

## Achievements

- Built Southeast Asia's largest battery-swapping network with 1,500+ stations
- Enabled ~9-second battery swaps, effectively removing range anxiety
- Raised ~US$29.2M total, including a US$22M Series A led by Qiming Venture Partners (Jan 2024)
- Partner brand SMOOT won OTOMOTIF Award 2022 for best electric scooter
- Secured fleet partnerships with Grab and Lazada

## Latest updates

- **2024-01** — Closed US$22M Series A led by Qiming Venture Partners, with GGV Capital and Ondine Capital participating.
- **2023-04** — Raised US$7.2M pre-Series A round led by Ondine Capital.
- **2025-01** — Positioned to benefit from the return of Indonesia's electric-motorcycle subsidies and rising fuel prices driving EV adoption.

## Links

- Website: https://swap.id
- LinkedIn: http://www.linkedin.com/company/swapenergiindonesia
- Twitter/X: https://twitter.com/swapenergi
- YouTube: https://www.youtube.com/channel/UCGGLz9u136QegYz8z-V1KAQ
- Instagram: https://www.instagram.com/swap.indonesia
- Facebook: https://www.facebook.com/SwapEnergi/
- TikTok: https://www.tiktok.com/@swapindonesia

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Profile page: https://yespress.io/swap-energi
Published by YesPress — https://yespress.io
Last updated: 2026-07-25