ORIGINAL ARTICLE, Josh Scott, betakit.com, October 20, 2021
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing and commercialization of its new product, a second-generation glove for people with Essential Tremor and Parkinson’s disease.
Steadiwear has finished developing the Steadi-Two, a smaller, lighter, more versatile version of its flagship glove product, which stabilizes the wrist joints of users, reducing the impact of hand tremors associated with these conditions.
“During my studies … I learned how to stabilize buildings against wind vibrations and earthquakes. So, I decided to apply the same principles to hand tremors.”
-Mark Elias, Steadiwear
Fresh funding in hand, Steadiwear plans to begin rolling out the Steadi-Two next year, as it looks to improve the lives of more people suffering from Essential Tremor and Parkinson’s disease.
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