Police say that two suspects stabbed a man in Park North before stealing his bike in an "unacceptable" attack.
Officers and forensic investigation experts cordoned off a section of Dulverton Road on Thursday evening and spent the night at the scene of the alleged serious assault.
At around 6.50pm, a man in his 20s suffered knife wounds, was then taken to hospital to have treatment for his injuries - which were not thought to be life-threatening - and has since been discharged.
Police are appealing for witnesses to the crime.
DCI Geoff Smith, of Swindon CID, said: “This is an unacceptable attack where the victim was subjected to a serious assault by two suspects.
“We treat incidents like this with the utmost seriousness and we are pursuing multiple lines of enquiry.
“A significant policing presence will remain in the area while we conduct our investigation.
“I’m aware of the concern that incidents like this have on the local community, so if you have any concerns, please do not hesitate to speak to our officers.
“If you have information about the assault, or if you witnessed it, please contact us on 101 quoting reference 54230124454.”
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