Startup

WHILL logoW

WHILL

WHILL株式会社

Mobility

#29 in the Japan Top 100 Startups

Founded / HQ2012 · Tokyo
Cumulative raised¥19.2B
“登記上の払込金額ベースで約192億円”
Third-party figure (not company-stated) · as of 2026 · Compalyze (registry-derived)
Third-party estimate from registry paid-in capital (includes a ¥2.5B convertible bond converted to equity). Company last stated >¥8B in 2018.
Latest public valuationNot publicly disclosed (we do not estimate)
UnicornNo
Websitewhill.inc/jp

From Japanese sources

Findings from Japanese-language filings, government records, trade press, interviews and job posts, with our English analysis. Items tagged Japanese-only had no English coverage when we checked quickly. Most insightful first.

2026-08-24Regulatory filingJapanese-onlyWHILL converted ¥2.5B of convertible bonds at ¥410/share, about half its last round price
WHILL、25億円の転換社債を1株410円で株式化──赤字14.5億円でも純資産が16.5億円へ戻った理由

Registry filings show convertible notes issued in Sep–Oct 2025 converted into E1 shares at ¥410. The D/E rounds were priced at ¥810, a level unchanged since 2019. That implies a fully diluted value of about ¥27.1B, around 46% below the Series E level, while FY3/2026 still lost ¥1.45B. An undisclosed down round in effect.

Source: Compalyze (statutory notices + commercial registry)

Overview

WHILL designs personal electric mobility devices, power wheelchairs styled as everyday vehicles, and runs sharing services for airports and other venues. Founded in 2012 by Satoshi Sugie, it has released a series of models from Model A in 2014 to Model R in 2024. Its 2018 Series C of about ¥5B brought cumulative funding above ¥8B at the time.

Built from: Company page

Company timeline

Founded

Date2012-05· WHILL company page
FoundersSatoshi Sugie

Funding

DateRoundAmountLead / key investorsSource
2016-05Series B¥1.925B
19.25億円
FIRST CVC
2018-09-18Series C≈¥5B; cumulative >¥8B
約50億円
WHILL release (PR TIMES)
2022-05-17StrategicUndisclosed
Woven Capitalからの資金調達
Woven CapitalCompany release (PR TIMES)

Key hires & board

None compiled yet.

Milestones

2014ProductModel A launched· WHILL
2024ProductModel R launched· WHILL
2026-08-03ProductLong-life high-capacity battery launched· PR TIMES
2026-08-19TractionOkinawa Churaumi Aquarium adopts WHILL· PR TIMES
2026-08-31TractionSingapore Changi Airport adopts WHILL autonomous service· PR TIMES
2026-09-01TractionA-Z supermarkets in Kagoshima adopt WHILL· PR TIMES
2026-09-03ProductLaunches carbon folding WHILL Model C Lite· PR TIMES
2026-09-07TractionYunosato Ikemori ryokan adopts WHILL, first in Toyama· PR TIMES
2026-09-30TractionWHILL white paper: 1 million autonomous airport rides· PR TIMES
2026-10-02TractionHimawari care facility adopts WHILL, first in Tokai· PR TIMES

News

2026-10-02Himawari care facility adopts WHILL, first in Tokai
東海地域の老人保健施設で初!愛生館グループ運営の「ひまわり」、免許不要の近距離モビリティ「ウィル」を本格導入· PR TIMES
2026-09-30WHILL white paper: 1 million autonomous airport rides
WHILL社、WHILL自動運転サービスに関する白書を公開:累計利用100万回突破で見えてきた、国際空港における移動支援の新しい形· PR TIMES
2026-09-08WHILL exhibits new models at H.C.R. 2026
WHILL社、新型機種と「H.C.R. 2026国際福祉機器展&フォーラム」に出展· PR TIMES
2026-09-07Yunosato Ikemori ryokan adopts WHILL, first in Toyama
富山県内初!ユニバーサルツーリズムを積極推進する温泉旅館「湯の里いけもり」で近距離モビリティ「ウィル」移動サービス導入· PR TIMES
2026-09-03Launches carbon folding WHILL Model C Lite
WHILL社、カーボン素材で折りたためる高性能な近距離モビリティ「WHILL Model C Lite」発売· PR TIMES
2026-09-01A-Z supermarkets in Kagoshima adopt WHILL
九州のスーパーマーケットでは初!免許不要の近距離モビリティ「WHILL」を鹿児島県のスーパーマーケット「A-Z」3店舗に同時導入· PR TIMES
2026-08-31Singapore Changi Airport adopts WHILL autonomous service
“世界一”シンガポール・チャンギ国際空港でWHILL自動運転サービス採用· PR TIMES
2026-08-25Haneda service area expands to Terminal 1 north satellite
WHILL自動運転サービス、羽田空港第1ターミナル北側サテライト施設まで運行エリアを拡大· PR TIMES
2026-08-19Okinawa Churaumi Aquarium adopts WHILL
水族館では全国初!沖縄美ら海水族館で近距離モビリティ「ウィル」導入· PR TIMES
2026-08-03Long-life high-capacity battery launched
WHILL社、航続性能を強化した長寿命・大容量バッテリーを発売· PR TIMES
2026-07-08Exhibits at Nenrin Pic Tokyo tech experience
WHILL社、ねんりんピック東京大会に向けた「ねんりん×テクノロジー」先端技術体験会に出展· PR TIMES
2026-07-06Joetsu Myoko sightseeing with WHILL
クルマ×近距離モビリティのシームレス移動で広がる上越妙高の新しい観光体験!駅すぐの商業施設フルサットで免許不要の「ウィル」貸出サービス導入· PR TIMES
2026-06-22Selected as GREEN×EXPO 2027 personal mobility provider
WHILL社、GREEN×EXPO 2027で「会場内パーソナルモビリティ」提供事業者に採択· PR TIMES
2026-06-16WHILL service starts in Kurashiki Bikan district
歴史情緒あふれる町並みが残る倉敷美観地区で、免許不要の近距離モビリティ「ウィル」移動サービス開始· PR TIMES
2026-06-15WHILL rental at Haneda Terminal 2
到着後すぐに借りられて、快適な観光へ!免許不要の近距離モビリティ「ウィル」貸出サービス、羽田空港第2ターミナルでも提供開始· PR TIMES
2026-06-11WHILL sightseeing service in Kochi
四国最多のクルーズ寄港地・高知の観光客受け入れ体制を強化!市中心部で免許不要の近距離モビリティを活用した観光サービスを開始· PR TIMES
2026-06-04WHILL autonomous trial starts at Heathrow
世界主要ハブ空港・ヒースロー空港でWHILL自動運転サービスが実証開始· PR TIMES
2026-06-03WHILL rental at Fukushima memorial park
福島県復興祈念公園で免許不要の近距離モビリティ「ウィル」の貸出開始· PR TIMES
2026-05-14WHILL rental at Ise-Shima barrier-free tour centre
日本が誇る観光地のアクセシビリティ強化の一環!伊勢志摩バリアフリーツアーセンターで近距離モビリティのレンタル開始· PR TIMES
2018-09-18Series C: ≈¥5B; cumulative >¥8B· WHILL release (PR TIMES)

See all news on the company site →

Founder profiles: Satoshi Sugie

Funding rounds in 2026

No 2026 rounds in our database yet. Earlier funding is summarised above from the cited source.