Morocco-based electric mobility startup GoSwap has secured seed funding from Azur Innovation Fund as it looks to expand its battery-swapping infrastructure across urban centers, according to Wamda. The funding marks a key milestone for the Casablanca-founded company as it advances its mission to accelerate electric vehicle adoption through a battery-as-a-service model. Founded in 2023 by Hamza Slimani, GoSwap enables electric scooter users to swap depleted batteries for fully charged ones in under 10 seconds. The company is also working to enhance compatibility across multiple electric vehicle models and strengthen its fleet management solutions, particularly for logistics and last-mile delivery operators. GoSwap is targeting a broader capital raise of more than $2 million, or MAD 20 million, to support its regional expansion ambitions.

Source: The North Africa Journal April 07, 2026 13:41 UTC