What is Gogoro?
Founded in 2011, Gogoro is at the forefront of rethinking urban energy distribution and consumption. The company has established itself as an innovation leader in electric vehicle design, electric propulsion, smart battery technology, and battery swapping systems. Leveraging advanced cloud services and artificial intelligence, Gogoro optimizes battery charging and availability, addressing the critical need for sustainable transportation solutions in densely populated cities. The company's mission is to disrupt the status quo, set new industry standards, and foster significant sustainable transportation growth.
How much funding has Gogoro raised?
Gogoro has raised a total of $500M across 4 funding rounds:
Series A
$50M
Series B
$100M
Series C
$300M
Other Financing Round
$50M
Series A (2011): $50M with participation from Dr. Yin and Cher Wang
Series B (2014): $100M, investors not publicly disclosed
Series C (2017): $300M supported by Engie, Sumitomo Corporation, Generation Investment Management, Temasek, and Panasonic
Other Financing Round (2024): $50M featuring Sino Gold Mining Limited
Key Investors in Gogoro
Generation Investment Management
Generation Investment Management is an investment firm focused on sustainable businesses. They aim to mobilize capital markets to create a sustainable economic system, focusing on climate change and inequality.
Temasek
Temasek is a global investment company headquartered in Singapore, operating as a generational investor with a focus on long-term impact and sustainability.
Panasonic
Panasonic Corporation is a multinational electronics company that manufactures a wide range of products for consumer, business, and industrial use, as well as components.
What's next for Gogoro?
The recent major strategic investment signals a new phase of expansion and development for Gogoro. With a history of securing substantial enterprise-level funding, the company is well-positioned to further scale its operations, enhance its technological infrastructure, and potentially explore new market opportunities. This capital infusion is expected to accelerate Gogoro's efforts in advancing battery swapping technology and expanding its network, reinforcing its commitment to a sustainable urban mobility future.
See full Gogoro company page
