SWFT Raises $10M in Seed Funding

SWFT

SWFT, a New York-based e-mobility company, raised $10M in Seed funding.

The round was led by Martin Lauber, Mark Joseph and David Zwick.

The company intends to use the funds to expand operations and its business reach.

Led by David Liniado, CEO, SWFT provides solutions for short-distance personal e-mobility through bicycles, mopeds, and more. The service was developed over the past year within On Spec, the company that develops brands through its shared services platform and experience in bringing products to market across industries.  

SWFT plans include the launch of a complete line of fully integrated personal electric vehicles ranging from e-motorcycles to low speed vehicles, starting in early 2022 offering solutions to both consumers and commercial partners for delivery of goods and services.

The company’s team also includes Kate Panek, Chief Financial Officer, Maggie Sause, Creative Director, Jo Tran, VP of Production Operations, and Jessie Buck, VP of People and Communications.

FinSMEs

14/10/2021