Sunswap - About the company
Sunswap is a series B company based in Leatherhead (United Kingdom), founded in 2019 by Mike Lowe, Andrew Sucis, Nikolai Tauber 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
Ranked
1st among 2 active competitors
Employee Count
101 as on Apr 30, 2026
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Legal entities associated with Sunswap
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) |
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Sunswap's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 26, 2024 | 7069211 | Series B | 5105775 | 7902929 | 7609123 | 8204562 |
Mar 26, 2022 | 7302595 | Series A | 4686719 | 9268377 | 3381026 | 3343582 |
Jan 05, 2021 | 8522091 | Seed | 2785645 | 4764032 | 4776442 | 3179518 |
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Sunswap's founders and board of directors
Founder? Claim ProfileThe founders of Sunswap are Mike Lowe, Andrew Sucis, Nikolai Tauber 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
- Nikolai Tauber: Co-founder and CTO of Sunswap.
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 |
|---|---|---|---|---|
Independent board member | - | Current | 4y 1m | |
fpuba{a | Independent board member | - | Current | 4y 8m |
prctner | Independent board member | - | Current | 3y 1m |
zedfgoc | Independent board member | - | Current | 4y 5m |
mhhskmz | Independent board member | - | Current | 3y 7m |
tdqtnsd | Independent board member | - | Current | 1y 5m |
njjdqgx | Independent board member | - | Current | 6y 3m |
View details of Sunswap's Founder profiles and Board Members
Sunswap's employee count trend
Sunswap has 101 employees as of Apr 26. Here is Sunswap's employee count trend over the years:
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Sunswap's Competitors and alternates
Top competitors of Sunswap include Mobius Energy. Here is the list of Top 10 competitors of Sunswap, ranked by Tracxn score:
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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 | 56/100 | |
2nd |  Mobius Energy 2020, South Africa, Unfunded | Manufacturer of solar electric drives for providing energy to vehicle refrigeration units | - | - | 24/100 |
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Sunswap's Investments and acquisitions
Sunswap has made no investments or acquisitions yet.
News related to Sunswap
Media has covered Sunswap for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
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Sunswap Partners with Protran Solutions for Solar-Powered Refrigerated TrailersElectrek•Feb 14, 2026•Sunswap, Com.au
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Mobile refrigeration innovator enters French market through new partnershipInsider Media•Nov 19, 2025•Sunswap, Chereau
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London-based Sunswap secures over €20 million aiming to decarbonise cold chain logisticsEU-Startups•Aug 26, 2024•SunSwap, BGF, Shell, Move Energy and 3 others
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Barclays VIX ETN Turmoil Looks Linked to $591 Million Note ErrorBloombergQuint•Mar 28, 2022•Barclays, Sunswap, Clean Growth Fund
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Cenex begins development of new electric refrigeration unit with SunswapFleet•Dec 22, 2020•Cenex, Sunswap
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