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500 Startups, NTT Docomo in $11m round for high-tech wheelchair company

3 Sep 2014

download (10)Venture capital firms 500 Startups and NTT Docomo Ventures have taken part in a $11m funding round for personal mobility device startup WHILL.

The Series A round was led by public-private investor the Innovation Network Corporation of Japan and also included Sun Microsystems co-founder Scott McNealy.

WHILL makes mobility devices which aim to redefine the traditional power wheelchair and offer a sleek and  high alternative.

The company said it will use the cash to expand the distribution of its indoor and all-terrain outdoor personal mobility devices which are designed for people who are injured or disabled.

McNealy said, “WHILL is uniquely positioned to provide both a stylish and effectively designed mobility solution that taps a huge market opportunity for those who live with mobility issues.

“I’m excited to see what the next year will bring and believe WHILL will continue to set itself apart as the innovation leader in mobility solutions.”

In June AltAssets reported that venture investor 500 Startups had secured $26.86m for its third $100m targeting fund.

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