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Torqway Sp. z o.o. logo — Torqway Hybrid is a four-wheel platform vehicle with arm mov...

Torqway Sp. z o.o.

Torqway Hybrid is a four-wheel platform vehicle with arm movement to move it twice as fast as walking, with e-bike capabilities.

Founded 2014 Poland Poland 3 employees Grant Total: $1.64M Health Care, Health and Wellness +2

General Information

Company Name Torqway Sp. z o.o.
Founded Year 2014
Location Poland Poland
Employees 3
Industries Health Care, Health and Wellness, Manufacturing +1
Funding Stage Grant
Social

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About Torqway Sp. z o.o.

Torqway is a Polish startup founded in 2014 with an innovative approach to personal mobility. The company's flagship product, Torqway, is a four-wheel platform vehicle designed to be propelled by arm movements, enabling users to move twice as fast as walking with e-bike capabilities. The groundbreaking innovation lies in the special gear mechanism that converts the swing motion of levers powered by hands into rotational movement of wheels, a concept branded as "nordic riding." This manual drive vehicle has garnered attention at numerous fairs and invention contests globally and attracted €1.59M in grant investment from the EASME - EU Executive Agency for SMEs in October 2017. Currently, Torqway is directing its focus towards the Torqway Hybrid, a new project aimed at integrating electric engine support alongside the patented gear mechanism, providing additional assist modes. The company believes that the Torqway Hybrid will appeal to individuals looking to maintain fitness and good health, particularly in aging societies. The project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 735287, and the market launch is scheduled for the 3rd quarter of 2019. In conclusion, Torqway's innovative approach and support from the European Union position the company as a key player in the health care and manufacturing industries, showcasing promising potential for growth and success in the evolving mobility market.

Business keywords: Personal mobility, Innovation, Fitness, Wellness, Electric vehicles, European Union funding, Patented mechanism, Nordic riding, Start-up, Physical exercise, New product development, Invention contests, Market launch, Technology innovation

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €1.59M 1
EASME - EU Executive Agency for SMEs
01 Oct 2017
Grant €50.00K 1
EASME - EU Executive Agency for SMEs
01 Jul 2016

Torqway Sp. z o.o. Alternatives & Competitors

Torqway Sp. z o.o. vs
ElliptiGO
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Torqway Sp. z o.o. vs
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FAQ About Torqway Sp. z o.o.

Torqway Hybrid is a four-wheel platform vehicle with arm movement to move it twice as fast as walking, with e-bike capabilities.
Torqway Sp. z o.o. was founded in 2014.
Torqway Sp. z o.o. is headquartered in Poland.
Torqway Sp. z o.o. operates in Health Care, Health and Wellness, Manufacturing and Sports. Its work centres on Personal mobility, Innovation, Fitness and Wellness.
Torqway Sp. z o.o. has approximately 3 employees.
Torqway Sp. z o.o. has completed 2 funding rounds, raising a total of $1.64M. The latest funding stage is Grant.
Top alternatives and competitors to Torqway Sp. z o.o. include ElliptiGO, Blue Goji. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Torqway Sp. z o.o. and ElliptiGO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Torqway Sp. z o.o., https://bouncewatch.com/company/torqway, updated 14 November 2024. When citing, please name BounceWatch and link this page.

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