When was Sunswap founded?

Sunswap was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Sunswap located?

Sunswap is headquartered in Leatherhead, United Kingdom. It is registered at UNIT 9 MOLE BUSINESS PARK,RANDALLS ROAD,LEATHERHEAD,ENGLAND,KT22 7BA.

Who is the current CEO of Sunswap?

Mike Lowe of Sunswap. They have also founded 1 company.

Which legal entities is Sunswap associated with?

Sunswap is associated with Sunswap Ltd.

How many employees does Sunswap have?

As of Aug 31, 2026, the latest employee count at Sunswap is 106.

Is Sunswap a funded company?

Sunswap is a funded company, having raised a total of $27.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Nov 20, 2020.

When was the latest funding round of Sunswap?

Sunswap's latest funding was a $***** Series B round on Aug 26, 2024, with participation from 5 investors.

Where does Sunswap rank among its competitors?

Sunswap ranks 1st amongst 2 active competitors, only 1 of which is funded. Sunswap, which secured $22.9M in Aug, 2024.

Sunswap - 2026 Company Profile, Team, Funding, Competitors & Financials

Sunswap is a series B company based in Leatherhead (United Kingdom), founded in 2019 by Mike Lowe, Andrew Sucis and Nikolai Tauber. It operates as a Manufacturer of electric transport refrigeration units for heavy goods vehicles. Sunswap has raised $27.5M in funding from investors like BGF, Barclays and Clean Growth Fund.

Company Details

Manufacturer of electric transport refrigeration units for heavy goods vehicles. These systems utilize battery and solar power to maintain temperature control for cargo during transit. The units function as an alternative to diesel-powered cooling equipment, integrating with existing trailer configurations to provide temperature regulation for chilled and frozen goods. Maintenance support is provided through remote diagnostics and a network of technicians.

Website: sunswap.co.uk
Registered Address: UNIT 9 MOLE BUSINESS PARK,RANDALLS ROAD,LEATHERHEAD,ENGLAND,KT22 7BA

Key Metrics

Founded Year

2019

Location

Leatherhead, United Kingdom

Stage

Series B

Total Funding

$27.5M in 4 rounds

Latest Funding Round

Series B, Aug 26, 2024, $*****

Investors

BGF & 9 more

Ranked

1^st among 2 active competitors

Employee Count

106 as on Aug 31, 2026

Similar Companies

Mobius Energy

View Sunswap's full profile

Sunswap is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sunswap Ltd CIN: 12407155 , United Kingdom, Active	Jan 15, 2020	-	55 (As on Dec 31, 2024)

Sunswap has raised a total funding of $27.5M over 4 rounds. Its first funding round was on Nov 20, 2020. Its latest funding round was a Series B round on Aug 26, 2024 for $*****. 5 investors participated in its latest round. Sunswap has 10 institutional investors.

Here is the list of recent funding rounds of Sunswap:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 26, 2024	5505661	Series B	7162919	9353570	2714215	5353552
Mar 26, 2022	1851694	Series A	6672792	5871983	8350124	4580502
Jan 05, 2021	9948697	Seed	6846056	9058189	6052201	8199360

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View details of Sunswap's funding rounds and investors

The founders of Sunswap are Mike Lowe, Andrew Sucis and Nikolai Tauber. Mike Lowe is the CEO of Sunswap.

Here are the details of Sunswap's key team members:

Mike Lowe: Co-Founder & CEO of Sunswap.
Contact Info: 1 email address
Andrew Sucis: Co-Founder & COO of Sunswap.
Nikolai Tauber: Co-Founder & CTO of Sunswap.
Contact Info: 1 email address

Sunswap's Board of Directors

Sunswap's board has 7 active members. Stephen Edward Price, Mark Gunnar Bryant, Nikolai Tauber, Andrew Sucis, Dennis Atkinson, Michael George Lowe and James Campbell Ferrier are independent board members.

Here is the list of Sunswap's board of directors:

Name	Type	Representing	Status	Duration
Stephen Edward Price	Independent board member	-	Current	4y 4m
hhkemle	Independent board member	-	Current	5y 8m
iwyxezl	Independent board member	-	Current	3y 7m
ncyrdjp	Independent board member	-	Current	8y 6m
ipyiukb	Independent board member	-	Current	8y 7m
aeiojxz	Independent board member	-	Current	7y 5m
acwrkqh	Independent board member	-	Current	7y 7m

View details of Sunswap's Founder profiles and Board Members

Sunswap's employee count trend

Sunswap has 106 employees as of Aug 26. Here is Sunswap's employee count trend over the years:

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Top competitors of Sunswap include Mobius Energy. Here is the list of Top 10 competitors of Sunswap, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sunswap 2019, Leatherhead (United Kingdom), Series B	Manufacturer of electric transport refrigeration units for heavy goods vehicles	$27.5M	Shell, Gov & 8 others	56/100
2nd	Mobius Energy 2020, South Africa, Unfunded	Manufacturer of solar electric drives for providing energy to vehicle refrigeration units	-	-	25/100