Scewo accelerates vision with CHF 9.2 Million Series A extension funding for stair-climbing wheelchair innovation

28.12.2023 12:01, Rita Longobardi

The infusion of capital is set to drive the company towards profitability and mark a strategic entry into the US market. Scewo aims to enhance its revolutionary wheelchair technology, ensuring that individuals with mobility challenges experience newfound freedom and independence.

In a leap toward revolutionizing accessibility solutions, Scewo, an innovative Swiss, Winterthur-based, technology company renowned for its stair-climbing electric wheelchair, Scewo BRO, has successfully secured an investment of CHF 9.2 million in Series A extension funding, led by RSBG Ventures.

Demonstrating robust growth, Scewo successfully entered the French market in Q4 2023, marking the inception of its revenue stream. The company is actively engaged in the reimbursement process in France, underscoring its dedication to ensuring global accessibility with innovative mobility solutions. Fueled by the Series A funding, the startup is now ready to expand its footprint to the United States, with the initial focus on achieving FDA compliance, a crucial step in penetrating the largest market for high-end electric wheelchairs.

Complementing this last funding development, Scewo proudly welcomes new members to its board: Dr. Klaus Lesker, CEO of RSBG, Reto Zürcher, CEO of HB-Therm, and Willi Miesch, a med-tech entrepreneur and Co-founder of Medartis, bring their wealth of expertise to guide Scewo AG through its next phase of growth.

"This funding represents a significant milestone for Scewo, as we continue our journey to revolutionise the accessibility landscape with Scewo BRO," commented Bernhard Winter, CEO and Co-Founder of Scewo.

Scewo was ranked among the TOP 100 Swiss Startups in 2021 and 2019 and won the second step of Venture Kick in 2017.

Scewo's Co-Founders: CEO Bernhard Winter, CCO and CBO Thomas Gemperle, and CTO Pascal Buholzer