Gearwheel € 190k

“Gearwheel is working on the development and sale of interchangeable wheelchairs, which make it easier for muscularly fragile users to move their own wheelchair. We are still an R&D intensive company and therefore have a clear need for external financing. GAEU helped us with an R&D application that resulted in a contribution of nearly SEK 2 million from Vinnova, which was a very important piece of the puzzle to secure our financing until major commercial revenue is generated from our new product.”

John-Edvard Stenstrand, CEO