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Synopsis
Gogoro, a battery swapping company, led a $25m Series B round in Zypp Electric, an EV-as-a-service platform, with participation from Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts, LetsVenture, IAN, IVY Growth and Grip. “This is in a way a big validation for the entire EV industry that if you are building the business in the right way and you are solving the right kind of problems, then money for further expansion will be made available,” Akash Gupta, Zypp Electric Co-founder and CEO.
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