Whill Receives Funding

Whill, Inc. a Menlo Park, CA-based developer of a next generation electrical personal mobility vehicle, received a funding of undisclosed amount.

Backers included SunBridge Global Ventures, via SunBridge Startups, Itochu Technology Ventures, 500 Startups and WIngle Co., Ltd.

The company intends to use the capital to continue to develop and produce its product, the personal mobility “WHILL”, which can be used on the sidewalk by healthy people, mildly disabled or elderly people with for whom walking may be difficult.

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Founded in May 2012 and led by CEO Satoshi Sugie, Whill plans to sell 50 of them directly to the US market and after that they plan to expand into other countries including Japan sequentially.

FinSMEs

23/08/2013

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