The Venture Codex Logo

The Venture Codex

GoSwap

34, rue Tarablous, Casablanca, Mers Sultan, Morocco

Overview

GoSwap operates an automated battery swapping network for electric scooters, selling scooters without batteries and offering pay-as-you-go swaps that take under 10 seconds. The startup runs 20 swap stations across CashPlus stores and Petrom and Shell stations and claims users can save up to 60% versus combustion bikes while cutting emissions by a similar margin. Founded by Hamza Slimani and based in Casablanca, GoSwap is positioning itself in Africa's growing two-wheeler electrification market. The company plans to expand its network into cities such as Marrakech and to make its service compatible with more electric motorcycle models. Financially, GoSwap has just completed its first funding round led by Azur Innovation Fund and is targeting over MAD 20 million (≈USD 2 million) in this raise. The funds are intended to support network expansion and product compatibility upgrades.

Total raised
$2M
Funding rounds
1
Latest round
Seed
Latest activity
Mar 2026

Industries

  • Electric Vehicle
  • Retail
Visit website

Recent funding

  1. Seed

    Mar 2026

    $2M

Team

No current team members are available.