What is Whill?
Whill specializes in the development and deployment of intelligent personal electric vehicles, including the Model C2, Model F, Model R, and Model S. By blending sophisticated design with autonomous driving capabilities, the firm provides essential mobility solutions for both private users and corporate environments, such as airports, hospitals, and theme parks. Its market position is defined by a dual-focus on individual independence and enterprise-level accessibility, effectively bridging the gap between traditional medical equipment and modern, tech-enabled transportation.
How much funding has Whill raised?
Whill has raised a total of $85.2M across 8 funding rounds:
Multiple Rounds
$3.5M
Private Equity
$6.1M
Series A
$11M
Series B
$17.5M
Private Equity
$2M
Unspecified
$45M
Other Financing Round (2013): $100K with participation from 500.com
Angel/Seed (2013): $1.7M led by 500.com
Other Financing Round (2013): $1.8M supported by VTF Capital, 500.com, MUFG Bank, SunBridge Global Ventures, and Eric Kwan
Private Equity (2014): $6.1M, investors not publicly disclosed
Series A (2014): $11M backed by Jochu Technology Co. Ltd., NTT DoCoMo Ventures, 500.com, and Innovation Network Corp. of Japan
Series B (2016): $17.5M with participation from Eight Roads Services
Private Equity (2016): $2M led by ITOCHU Technology Ventures, Inc and Eight Roads Services Limited
Unspecified (2018): $45M supported by Daiwa Corporate Investment Co., Endeavor Global, SBI Investment Co., Ltd, Daiwa PI Partners, and Whiz Partners
Key Investors in Whill
SBI Investment Co., Ltd
A diversified financial services firm based in Tokyo with extensive experience in venture capital, asset management, and strategic investments across the healthcare and technology sectors.
Innovation Network Corp. of Japan
A public-private partnership established to boost the competitiveness of Japanese firms by providing capital and managerial support for next-generation technologies.
500.com
A leading online service provider that has maintained a long-term interest in supporting Whill's growth through multiple financing rounds since its early stages.
What's next for Whill?
With the support of its latest $45M capital injection, Whill is well-positioned to scale its autonomous mobility services globally. The company is expected to prioritize the expansion of its corporate partnerships, further integrating its autonomous driving models into public and private infrastructure. By leveraging its robust financial foundation, Whill aims to enhance its R&D efforts, focusing on safety-critical software and hardware refinements that will solidify its dominance in the personal mobility market. The strategic focus remains on scaling operations to meet the rising demand for inclusive, tech-driven transportation solutions in aging societies worldwide.
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