Popwheels

Battery Swapping Infrastructure, for the People Who Power Cities

https://wefunder.com/popwheels.inc

Total raised on Wefunder: 91300

Total investors: 52

Quick facts

  • Pioneered and launched a unique battery-swapping network in North America
  • Designed and built a first-of-a-kind fire-safe battery-swapping station
  • Scaled to 50+ stations, 1000+ customers, 200k+ swaps in under 1 year
  • Multi-billion dollar market opportunity with path to $20M ARR within 3 years
  • Launched in three new markets in first year: DC, Toronto, Philadelphia. 25+ target markets by 2028
  • Selected as winner of 2025 Urban Future Prize from over 350+ startups
  • Raised over $5m in funding from VCs, nonprofits, government agencies, lenders, and more.
  • Selected as #1 performer in NYCDOT pilot for solutions to battery fire crisis (97% conversion ratio)

Team profiles

Featured investor profiles

Invest in Popwheels

Battery Swapping Infrastructure, for the People Who Power Cities

$578,193

of a $750,000 goal
INVESTMENT TERMS
Future Equity
$25M valuation cap
$500, $1.5K

What Investors Say

LEAD INVESTOR
As an advocate for sustainable urban design and an early investor in Popwheels, I am incredibly proud to throw my full support behind this visionary startup. And, with this community round, the people who actually keep our cities running can now take part in Popwheel's success! My conviction in Popwheels is rooted not only in their transformative approach to urban mobility, but also in the exceptional leadership driving it. I have known co-founder David Hammer for years, having started our careers together as fellow Associate Product Managers at Google. Throughout my career, particularly during my time at Sidewalk Labs, I have focused extensively on the intersection of technology, sustainability, and urban development. Our cities should be walkable and shift away from car-centric infrastructure toward environments that prioritize pedestrians and micromobility. E-bikes are a critical piece of this puzzle, offering a low-emission alternative that reduces traffic congestion and reclaims our streets. One of the most tragic and urgent crises facing cities is the surge in deadly apartment fires caused by uncertified lithium-ion e-bike batteries. Delivery workers, striving to make a living, have historically been forced to rely on unregulated batteries and dangerous at-home charging setups. Popwheels solves this crisis head-on through their innovative battery-swapping network. By providing fully certified, rigorously maintained batteries housed in secure, centralized charging cabinets, Popwheels entirely removes the fire risk from residential buildings. They are actively preventing future fires while ensuring that our transition to green mobility doesn't compromise public safety. Beyond safety, Popwheels is a socially minded enterprise that provides tangible economic relief to city dwellers. Delivery workers face grueling shifts and high overhead costs. Before Popwheels, a depleted battery meant ending a shift early and losing critical income, or spending hours waiting for a charge. Now, with an on-demand network of swap stations, a worker can exchange an empty battery for a fully charged one in less than a minute. This zero-downtime model empowers workers to maximize their earning potential while saving them hundreds of dollars a year by eliminating upfront battery costs and maintenance fees. Popwheels sits at the perfect intersection of environmental sustainability, public safety, and economic equity. I want to see our cities transformed into safer, cleaner, and more vibrant places designed for people and bikes, rather than cars. Supporting David and the entire Popwheels team is an investment in that exact future, and I am immensely proud to be part of their journey to make the world safer for delivery workers and e-bike riders alike.
What People Say