Jul 17, 2013

[Sd] Next-gen Japanese wheelchair startup raises $1M from 500 Startups and other investors

Whill is a Japanese startup that is developing ‘Personal Mobility’, a next-generation wheelchair. The startup announced today it has raised $1 million from Itochu Technology Ventures (ITV), 500 Startups, Sunbridge Global Ventures, Wingle, and individual angel investors. The individual investors include 500 Startups’ Dave McClure and Facebook engineer Eric Kwan. 
With these funds, the startup plans to start mass-production of its first model and start marketing it as well. The first lot of 50 machines will be exported to the US market using a direct sales channel, with shipping scheduled to start in early 2014. ...
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Sd 7/16/2013 [en]

  • Whill participated in Open Network Lab, a Japanese seed accelerator last year, and is now in 500 Startups' accelerator program. The company has attracted much attention from seed investors in Japan and US.
  • http://whill.jp/

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