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High Tech Seed Founded 2015

GyroGear

GyroGear is a medical technology company that develops smart gloves for people suffering from Parkinson's disease and other conditions causing hand tremors. The glove uses patent-pending technology that couples spinning discs, or gyroscopes, to the hand, which instantaneously and proportionally stabilize hand tremors. The wearable device provides mechanical stabilization without relying on electrical stimulation or…

📍 London, United Kingdom · Wearable Technology,

Funding snapshot

Last roundSeed
Amount$59K
Date31 August 2021
Total raised$4M
Valuation28,861,662 (Aug 10, 2021)
Team size15

About

GyroGear is a medical technology company that develops smart gloves for people suffering from Parkinson's disease and other conditions causing hand tremors. The glove uses patent-pending technology that couples spinning discs, or gyroscopes, to the hand, which instantaneously and proportionally stabilize hand tremors. The wearable device provides mechanical stabilization without relying on electrical stimulation or pharmaceutical interventions, offering a non-invasive solution for managing tremor symptoms that affect daily activities. Founded in 2015 and headquartered in London, United Kingdom, the company has raised $4.3M in seed funding from investors including Europa, Foxconn Electronics, Fidelium Group, Future Fund, EIC Fund, MassChallenge, and ACA Investments.

Business model

Wearable Technology > Health and Wellness Devices > Neural,

Disease Self Management > Neurological Disorders > Therapy > Hand Tremors > Device,

Assistive Tech > Assistive Hardware > Mobility > Hand Tremors,

Neurology > Medical Devices > Therapeutic Devices > Hand Tremors,

MassChallenge Batches > HealthTech > 2019 > Silver

Institutional investors

Europa Foxconn Electronics Fidelium Group Future Fund EIC Fund MassChallenge ACA Investments

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