Scewo AG is a Swiss, Winterthur-based technology company best known for the Scewo BRO, a stair-climbing electric power wheelchair. The BRO represents a new generation of power wheelchairs that combines technologies in novel ways to improve mobility. The company recently secured CHF 9.2 million in a Series A extension to accelerate product development and commercialization. The infusion of capital is intended to drive the company toward profitability and to support a strategic entry into the U.S. market. Scewo says it will use the funding to enhance its wheelchair technology and expand freedom and independence for users with mobility challenges. Scewo develops the BRO, a stair-climbing electric wheelchair now produced in a second series with optimized hardware and a new battery and the ability to be used as a passenger seat in a car. The company has expanded its production site in Stein am Rhein and is growing its team to support manufacturing and train new distribution partners. Scewo has established a subsidiary in Germany and is building a sales network there, hiring first distribution partners who will also assist customers with health-insurance financing applications and provide local service. The fresh capital is being used primarily to expand market activities and marketing in Germany. The company is evaluating additional European countries and plans to start in further countries later this year. About 40 BROs are currently in use according to the article. Scewo develops the Scewo BRO, a stair-climbing power wheelchair that has won multiple design awards and the Swiss Medtech Award 2021. The vehicle is CE-certified and is produced in Switzerland, where Scewo has expanded production capacity to several hundred units per year. The wheelchair can already be officially financed through insurances in Switzerland and Germany. The company reports strong customer interest and is evaluating strategically located distribution partners to offer local test drives and service. Scewo was a Venture Kick winner in 2017 and was named among the TOP 100 Swiss Startups in 2019 and 2021. The startup intends to use new capital to accelerate company growth and international expansion.

Total raised

$23M

Funding rounds

3

Latest round

Series A

Latest activity

Dec 2023