Morocco-based electric mobility startup GoSwap has secured seed funding from Azur Innovation Fund as it looks to expand its battery-swapping infrastructure across urban centers, according to Wamda. The funding marks a key milestone for the Casablanca-founded company as it advances its mission to accelerate electric vehicle adoption through a battery-as-a-service model.
Founded in 2023 by Hamza Slimani, GoSwap enables electric scooter users to swap depleted batteries for fully charged ones in under 10 seconds. This approach removes charging downtime and significantly lowers operating costs, with the company claiming reductions of up to 60%. By separating the battery from the vehicle, users can purchase scooters without batteries and access energy through a network of smart swap stations.
The company has already deployed 20 connected battery swap stations across Casablanca, strategically located in high-traffic areas including CashPlus, Petrom, and Shell outlets. Its platform offers a cost of approximately MAD 25 to 29.4 per 100 kilometers, positioning it as a cost-effective alternative to traditional fuel-powered transportation.
With the new capital, GoSwap plans to expand its infrastructure within Casablanca and into additional cities such as Marrakech. The company is also working to enhance compatibility across multiple electric vehicle models and strengthen its fleet management solutions, particularly for logistics and last-mile delivery operators.
GoSwap is targeting a broader capital raise of more than $2 million, or MAD 20 million, to support its regional expansion ambitions. By localizing battery-swapping models that have seen success in Asian markets, the company aims to build a scalable infrastructure layer that supports widespread EV adoption across Morocco and the wider African region.
