Bond-type preferred shares — mezzanine · Mobility
WHILL receives mezzanine funding from Shoko Chukin Bank
The personal mobility company issued bond-type preferred shares to support research and the international expansion of its autonomous services.
WHILL announced financing from Shoko Chukin Bank through the issuance of bond-type preferred shares on 19 October. The company described the instrument as a form of mezzanine financing and did not disclose the amount.
The proceeds will support research and development and accelerate the international rollout of WHILL’s autonomous mobility services. Based in Tokyo, WHILL develops short-distance mobility products and services that combine hardware and software.
Use of funds
Research and development.
Expand autonomous mobility services internationally.
Funding history
Bond-type preferred shares — mezzanine · This roundUndisclosed