May was another successful month for Israeli startups, with numerous companies having major funding rounds.
One of the companies that raised $10 million is Softwheel, an incredible company that is revolutionizing one of the main pieces of equipment to help the disabled – the wheelchair. By changing the way suspension is used in the wheels of the chair, Softwheel is creating a wheelchair that can easily navigate steps and more difficult terrain, increasing the mobility and freedom of wheelchair users.
“It’s difficult and painful to use a wheelchair to cross the street,” said Daniel Barel, CEO of SoftWheel, “with the chair’s rider feeling the strong impact of a chair going off the sidewalk and onto a curb. With a SoftWheel-equipped chair, a wheelchair user can cross streets or go down steps without feeling the impact.”
But the SoftWheel technology, which relies on a revolutionary system of in-wheel suspensions, has even more potential. SoftWheel are also looking to revolutionize not only wheelchairs, but the wheels used in other settings as well. The SoftWheel suspension system can be used in cars, bikes and planes, to save wasted energy, increase speed, and reduce costs.
SoftWheel has signed a deal with American company NuMotion, enabling this revolutionary technology to help improve lives around the world. And SoftWheel is just one of Israel’s many medical technology start-ups; the country has over 700 in the field. The Start-Up Nation is bettering the lives of people around the world, one innovation at a time.