Rowheels Receives $1,500,000 New Funding Round

  • Feed Type
  • Date
    12/28/2015
  • Company Name
    Rowheels
  • Mailing Address
    2895 Commerce Park Dr. Fitchburg, WI 53719 USA
  • Company Description
    Rowheels Inc. was founded in 2011 with the goal of developing the reverse propulsion wheel concept into a commercially viable product that could help users suffering from repetitive stress injuries of the shoulder. Current and in-development products are being designed to improve the quality of life of wheelchair users by keeping them healthy, active and independent.
  • Website
    http://www.rowheels.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the funds to advance the commercialization of its reverse propulsion wheel technology.
  • M&A Terms
  • Venture Investor
    Wisconsin Investment Partners
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed

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