Popwheels

Popwheels, based in the United States, specializes in an innovative e-bike battery swap network aimed at enhancing urban mobility for delivery workers, minimizing downtime and maintenance costs associated with battery ownership. Founded in 2023 and headquartered in Brooklyn, US, Popwheels provides a battery swapping service for e-bikes. The company has engaged in 2 deals, with its most recent funding round occurring on December 18, 2025, where it raised USD 2. 3 million.

Investors included Closed Loop Partners, MetaProp, New York Ventures, and the Partnership Fund for New York City. The round was part of a larger USD 4. 7 million equity and debt funding. PopWheels offers a cutting-edge e-bike battery swap network designed to enhance urban mobility in America.

The company's main service is battery swapping, allowing users to exchange depleted e-bike batteries for fully charged ones at designated stations without downtime. This service primarily benefits delivery workers, who can save substantial costs on battery ownership and maintenance while ensuring they remain operational throughout their shifts. The batteries utilized within the network are certified and maintained in-house to minimize risks such as fire hazards, ensuring safety for users. PopWheels currently serves urban markets, including New York City, and supports specific e-bike models such as Arrow 9, Arrow 10, and Whizz e-bikes.

PopWheels generates revenue through its proprietary battery swap service, which operates on a transaction-based model. Customers, primarily delivery workers, benefit from an efficient and cost-effective solution to battery management without the burden of upfront costs or maintenance fees. Each transaction involves a simple swap process, enabling users to obtain a fully charged battery at any time, thus maximizing their earning potential. While specific pricing plans for battery swaps have not been disclosed, the company’s service model encourages high-frequency usage, aligning with its mission to support urban delivery services.

This direct-to-consumer approach facilitates a steady revenue stream as users engage in unlimited battery swaps 24/7, ensuring the service remains accessible and appealing to a growing client base. In December 2025, Popwheels raised USD 2. 3 million in funding to expand its battery-swap network into New York City, Washington, D. C.

, and additional cities across North America. The funds from this venture will support the scaling of operations and the establishment of new battery swap stations, enhancing service availability for urban delivery workers.