Zypp Electric, the EV-as-a-service platform said it has raised $25 million in a Series B funding round led by Gogoro, a global technology leader in battery-swapping ecosystems.
Taiwan-based Gogoro enables sustainable mobility solutions for cities. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts, LetsVenture, IAN, Ivygrowth and Grip.
With the funding, Zypp will work on further improving its driver experience, expanding its EV hub infrastructure with Gogoro battery swapping. Overall funding will be spent mainly on team and technology and the rest on growth and expansion across multiple markets and use cases.
