Swap Energy Closed Its Pre-A Funding Round Led By Kejora-Sbi Orbit, Advancing More Partnerships And Deployment Of Thousands Of Battery Swapping Stations In Jakarta And Other Cities.

SWAP Energy, Indonesia's first smart battery swapping network, announced the successful closing of a Series Pre-A funding led by Kejora-SBI Orbit, with participation from Baramulti Group, Living Lab Ventures (an affiliate of Sinar Mas Group), New Energy Nexus Indonesia, Yifang, Raksasa Capital, strategic corporate investors and high-net-worth individuals.