# Sunswap: Machinery, Leatherhead, United Kingdom

> Sunswap: Sunswap is a British manufacturer specializing in fully electric, battery and solar-powered transport refrigeration units.

Source: https://millionrounds.com/startup/sunswap (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Machinery startup](https://millionrounds.com/companies)

# Sunswap

Sunswap is a British manufacturer specializing in fully electric, battery and solar-powered transport refrigeration units.

Funding reported Last round: Venture (Round not Specified)

Machinery Leatherhead, United Kingdom

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 110 51 to 200 people
- **Funding reported:** 41.8M as listed, currency not stated
- **Last round:** Venture (Round not Specified) May 2026

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Sunswap has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Sunswap

Sunswap is a British manufacturer specializing in fully electric, battery and solar-powered transport refrigeration units.

Founded in 2020, the company aims to decarbonize the global cold chain by replacing traditional diesel-powered systems with zero-emission alternatives. Their flagship product, the Endurance, is the first purpose-built electric transport refrigeration unit, featuring integrated battery storage and rooftop solar panels. The Endurance unit offers impressive performance, with run times of up to 24 hours for frozen goods and up to 2 months for chilled goods. It can be installed on existing temperature-controlled trucks, providing immediate benefits without the need for new vehicles. Sunswap serves businesses in the food and pharmaceutical industries, with notable clients including DFDS, TIP Group, and Samworth Brothers. The company is scaling production to 500 units per year by 2026, supported by a recent funding round of $35.2 million.

## What company datasets say Sunswap raised

Funding, as reported

Reported in all **41.8M** in the source's currency

Rounds **3**

Last round **Venture (Round not Specified)**

Last round size **7.1M**

Last round date **May 2026**

Investors listed **5**

## Funding filed with regulators

Sunswap filed 8 raises, $90M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2024 **$3.3M** UK share allotment
- Jul 2024 **$4.5M** UK share allotment
- Apr 2024 **$277K** UK share allotment
- Mar 2024 **$19M** UK share allotment
- Jul 2022 **$614K** UK share allotment
- Jun 2022 **$423K** UK share allotment
- Mar 2022 **$4.1M** UK share allotment
- Jul 2021 **$58M** UK share allotment

## Founders and team

From Sunswap's own website: 3 founders, 39 on the team.

**Michael Lowe** Co-Founder & CEO

**Andrew Sucis** Co-Founder & COO

**Nikolai Tauber** Co-Founder & CTO

- **Stephen Pascoe** CFO
- **Adam Payne** Head of Systems
- **Alastair Gough** Head of Business Development
- **Alex Degnen** Head of Quality
- **Callum Fairclough** Head of Production & VMU
- **Robin Bernard-Grahame** Head of Mechanical Engineering
- **Romain Petit** Head of Supply Chain
- **Sophie Hazelwood** Head of People
- **Steven White** Head of Finance
- **Alex Keegan** Senior Design Engineer
- **Awais Yousaf** Senior Design Engineer
- **Ben Fielden** Marketing Manager
- **Ben Sunckell** R&D Facility Manager
- **Charlie Boyce** Senior Project Engineer
- **Charlotte Rea** Senior Partnership Manager
- **Clementine Mitford** Project Engineer - Thermal Systems
- **Edwin Mooney** Lead Design Engineer
- **Elodie Parkin** Customer Experience Manager

And 21 more on the team.

## On 2 portfolio pages

Investors who name them

- [Move Energy](https://millionrounds.com/fund/move-energy)
- [Oxford Innovation Finance](https://millionrounds.com/fund/oxford-innovation-finance)

Each firm lists Sunswap on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

remote monitoring clean energy & technology consumers zero-emission technology consumer goods & retail distribution manufacturing carbon footprint reduction real-time performance data trailer-agnostic design silent refrigeration units industry awards for innovation information technology & services solar topping up batteries climate resilient performance fleet uptime maximization

Built with from their website

Google Maps Google Tag Manager Amazon CloudFront WordPress.org HREF Lang Atlassian Google Ads YouTube Google Workspace CloudFlare

+8 more

Gem Max Mega Menu Viewport Meta LinkedIn Ads CookieYes Microsoft Dynamics 365 Business Central Webflow Hosting OpenAI

- **Sector:** Machinery
- **Industry code:** NAICS 33621, 333415, SIC 3585
- **Region:** England
- **Revenue:** 3.5M a year, as listed

## Machinery in United Kingdom

Startups like it

- [**Barocal** Cambridge · founded 2019 *Raised*](https://millionrounds.com/company/barocal)
- [**SureChill** Cardiff · founded 2009 *Raised*](https://millionrounds.com/company/sure-chill)
- [**FiberLean Technologies** Saint Austell · founded 2016](https://millionrounds.com/startup/fiberlean-technologies)
- [**Domin** Bristol · founded 2012](https://millionrounds.com/startup/domin-2)
- [**Cellular Origins** Royston · founded 2022](https://millionrounds.com/startup/cellular-origins)
- [**Bowman eTurbo Systems** Southampton · founded 2004](https://millionrounds.com/startup/bowman-eturbo-systems)
- [**Service Robots** Halesowen · founded 2018](https://millionrounds.com/startup/service-robots)
- [**Ocado Intelligent Automation** London · founded 2023](https://millionrounds.com/startup/ocado-intelligent-automation)

## Is this your company?

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